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Friday's Top Videos: Gold, WaMu & More

CNBC.com
Friday, 25 Jul 2008 | 6:06 PM ET

An analyst predicts that gold will head into a bull market, and Washington Mutual increases its liquidity position. The following are today's top videos:

The Blueprint for Housing
Insight on the House holding a hearing on the role of mortgage servicers in the foreclosures crisis, with House Financial Services chairman Rep. Barney Frank, D-MA

The Blueprint for Housing

“We’re hoping that [mortgage servicers are] going to take advantage of the bill. We had a number of choices in order to diminish the foreclosure. And I think diminishing the number of foreclosures is going to be the important part of turning the economy around. I think we now have an opportunity to do that.”

-- Rep. Barney Frank (D.-Mass.), House Financial Service, Chairman

Gold to Continue its Bull Run?
Gold can either consolidate through until September 12 and then make a breakout from the $957 level, or it can trade up to $1023.72 by August 21, Richard Morrish from MIG Investments said Friday when looking at the precious metal's chart.

Gold to Continue its Bull Run?

“The gold market is consolidating very nicely. Possibility to plop down to $908, but overall, the market is very good. We’re anticipating the market to do one of two options, we can consolidate through until the 12th of September and then make a breakout from the $957 level, or we can target the 21st of August and go for $1023.72, which if we break above that, will then signal the next part of the bull rally. ”

--Richard Morrish, MIG Investments, Head of Research

Wamu Increases Liquidity Position
Washington Mutual worries continue and the company heads to the Fed discount window, with CNBC's David Faber

WaMu Increases Liquidity Position

“[Washington Mutual] posted more collateral with federal home loan bank. They have gone to the Fed discount window again, and they set up significant long-term repo funding. All of which has helped WaMu raise its liquidity position by 25 percent in a very short amount of time –- $40 to $50 billion.”

--David Faber, CNBC

Maria's Market Message
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks forward to Monday's Closing Bell

Maria's Market Message

"Earnings from Amgen , Kraft and Dow component Verizon are among the catalysts for markets Monday morning, but it was better-than-expected news on the economic front that put stocks in positive territory at the end of the week."

--Maria Bartiromo, CNBC

The Week & You
CNBC's Courtney Reagan discusses the top investing stories for the past week.

The Week & You

“Some earnings reports actually looked encouraging. President Bush threw his support behind the financial rescue bill. And not even a hurricane could reverse the slide in oil prices. But a big sell-off toward the end of the week left trader wondering if the market had hit bottom.”

--Courtney Reagan, CNBC

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