Lori Spechler is a Senior Editor at CNBC responsible for booking and coverage of major market events. In addition, she has written for CNBC.com and NetNet on topics ranging from gold to the height of women's heels. Formerly a trader and market-maker in commodity options, her resume includes such infamous Wall Street names as AIG Trading Corp. and Drexel Burnham Lambert Trading Corp.
Kraft Foods CEO Irene Rosenfeld says she is closely watching the rise in commodities prices.
Silver soaring to another multi-decade high, where do we go from here? Nobody really knows but what I do know… is that it won't stay here. Why? Because there is just no financial basis for the price of silver to be at $38 an ounce and there is no real trading history on which to gauge strength and resistance.
According to a new report by Cleve Rueckert, Birinyi Associates senior equity strategist, there have been 14 stocks in the S&P 500 since 2000 that have undergone a reverse stock split. Of those fourteen stocks, twelve were higher one year after the effective date of the reverse split, two were lower. The average gain was a gigantic 62.55%.
Can any stock replace Citigroup at the top of the volume ticker?
With gold at record high prices, investors may feel late to the party. But, managers still see value in "them thar stocks.”
Continued violence and unrest in Libya and other oil producing countries are being cited as reasons for record high prices in gold and multi-decade highs for silver. Experts say geo-political and economic factors favor even higher prices ahead for the precious metals.
Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.