SILVER

WW II-Era Shipwreck with Silver Worth $200 Million Found (PHOTOS)

The image shows the torpedo hole in the area in which German U-boat Captain
The wreck of a World War II-era British cargo ship, whose holds are believed to be filled with seven million ounces of silver, has been discovered approximately 4,700 meters below the surface of the North Atlantic Ocean. At today's value, the cargo is worth in excess of $200 million.
Gold tax

Gold Price Down, Silver Falls but Recovers

Gold prices fell 2.7 percent Monday, its fourth day in a row to decline, as investors raised cash to cover losses and a touch of optimism about Europe drew investors back into the stock market.
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Yahoo: 'Multiple Parties' Eyeing Takeover Bids

Yahoo, afloat after the abrupt sacking of CEO Carol Bartz, has received “inquiries from multiple parties” interested “in a number of potential options,” remaining top managers told employees.
Gold bullion

Gold Price Recovers, Rising from Overnight Collapse

Gold prices recovered from huge overnight losses Monday before paring losses to about 1 percent. Still in the last three days the precious metal has now lost more than 9 percent of its value in its biggest three-day drop since 1983.
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Is Facebook Charging Users or Is It Just Another Viral Hoax?

The latest Facebook rumor circulating online asserts that Facebook will begin charging users for membership.The rumor is gaining traction due to a chain message hoax spreading virally, although the company promises It's free and always will be.
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Gold Sets Record for One-Day Fall

Gold crashed more than $100 lower on Friday as a slide turned into a freefall, with weeks of volatility, renewed strength in the dollar and talk of hedge fund liquidation wrecking its safe-haven status.
Silver bars

Gold Falls Hard; Silver Falls Harder

Gold prices plummeted Friday, at one point tumbling to 15 percent below the level of three weeks ago, as investors started buying stocks and, to a lesser extent, euros. Silver is now down 25 percent from its mid-week level.
Gold bar

Spot Gold Drops to Six and a Half Week Low

Gold hit a one-month low on Friday and was set to post its sharpest weekly drop since May, hit by a sell-off in the commodities complex and with some traders citing selling in the precious metal to cover losses in other asset classes.
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Alibaba.com Boosted by Private Equity Investment

Private equity firms looking to invest into Alibaba Group have relieved pressure on Chairman Jack Ma to stage a speedy IPO by allowing a way for employees to sell their shares to willing buyers.
The X Factor Premier

Why Was X-Factor Premiere Underwhelming?

The singing contest show, The X-Factor, touted as the biggest show ever to hit America created by Simon Cowell debuted on Fox last night with a not-so-flattering reception. The show originally from UK managed to pull in just 12.1 million viewers and was ranked fourth behind CBS's Criminal Minds and CSI and ABC's Modern Family in the nightly ratings. To put things in perspective, American Idol premier had 21.6 million viewers when it was aired...
U.S. President Obama holds a rally celebrating passage of the health insurance reform bill in Washington

Obama Says American Jobs can Help the World

U.S. President Barack Obama sought support for his job creation plan at a philanthropic summit on Wednesday, saying improving the prospects of the world's richest economy was good for the world.
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Gold Price Down More Than 3 Percent

Gold fell by more than 3 percent on Thursday, set for its largest monthly decline since January, after the Federal Reserve's move to boost U.S. growth lifted the dollar, which battered the commodities complex.
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Largest Pinball Museum in U.S. to Open

Decades after he slept under a pinball machine wedged into his cramped apartment, David Silverman will open the America's largest museum dedicated to speeding silver balls and fast-motion flippers.
Block of gold

Gold Price Drops on Fed's 'Operation Twist'

Gold prices plummeted more than 3 percent Thursday after the Federal Reserve pronounced the economy seriously ill but then prescribed what many traders and analysts saw as a virtual aspirin.
Gold bar

Gold Price Falls in European Trading

Gold fell on Thursday, after the Federal Reserve's widely-anticipated move to boost U.S. growth lifted the dollar but pummelled global equities and hit the entire commodities complex.

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