Daily Dispatch

Foreign Investment in the US is Slowing 6/17/05

On June 15 we got a new report from our Treasury on how much long term investment foreigners made in the US. They have slowed overall cross-border flows from a record $91 B into the US 3 months ago, to a still-large $47 B in the most recent month of April.

Gold Reconsidered

With gold rebounding over $420, investors are asking "Can gold hold at these levels?" and "Does it still have what it takes to hit $500 by year-end?" Doug Casey weighs in.