GLOBAL MARKETS

Silver outshining gold is old story, technicals project

Silver and Gold/Silver Ratio - 1994-2010 Nov
A study on charts shows that silver may not continue to enjoy the status of being better investment alternative over gold in the short-to-medium-term period. And not only that, any correction in both the metals will happen with the white metal falling much steeper than its yellow counterpart.

Nvidia profit view raised at FBR

Nvidia
FBR Capital Markets raised its profit estimate and price target of Nvidia (NVDA), a day after the graphics chip maker reported third quarter earnings that topped Wall Street estimates.
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100 troy ounce gold bar

G20 Seoul summit means buy gold : Jim Cramer

Jim Cramer, a financial pundit and former hedge fund manager, said the best way of making money off the G20 Seoul summit is betting it won't go well. And one bets against the summit by buying gold, he said.
US Traders

US stocks decline; Cisco shares plunge 16 pct

U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Statue stands atop Grand Central Station in front of the MetLife building in New York

MetLife to stop selling Long-Term Care Insurance

MetLife Inc., the largest life insurer in the U.S., said it plans to discontinue the sale of new Long-Term Care Insurance (LTCI) coverage next year, citing ongoing financial challenges facing the LTCI industry.
U.S major Chevron Corp's Kuito oilfield in Angola

Oil prices touch 25-month high on US data

Oil rallied to its highest in more than two years on Thursday on reports that major oil consumers may use more of it next year. Oil rose despite a strong dollar on the day, which analysts largely attributed to the latest demand-supply equations of the commodity.
Traders work on the floor of the New York Stock Exchange

US futures decline on Cisco outlook

Futures on major U.S. indices point to a lower opening on Thursday as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures decline, Cisco plunges in premarket

Futures on major U.S. indices point to a lower opening on Thursday. Futures on the S&P 500 are down 0.38 percent, futures on the Dow Jones Industrial Average are down 0.27 percent and Nasdaq100 futures are down 0.66 percent.
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3i posts interim profit, NAV rises 15 pct

British private equity firm 3i Group Plc reported a profit and a rise in net asset value for the first half, and it lifted its interim dividend by 20 percent to 1.2 pence.
Bombay Stock Exchange

BSE Sensex down 0.14 pct on early trade

Indian equity markets are trading lower by 29.17 points or 0.14 percent on Thursday with consumer durables, metal, healthcare and auto sectoral indices are in the gaining side and telecom, IT and realty sectoral indices are in the negative side.
New York City cab driver fills his taxi up with gas at Hess station in New York

QE2 inflates commodities, threatens 70s-styled malaise

QE2 is a rising tide that lifts all boats. The boats, in this case, refers to asset prices. Unfortunately, some asset rallies, particularly those in consumer and industrial commodities, are bad for the real economy,

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