Tag Archives: gold futures

Rogue Trader Loses $1.5 Billion!

September 28, 2011 – Rogue Trader Loses $1.5 Billion: London police charged Kweku M. Adoboli, a 31-year-old UBS trader, with fraud after the Swiss bank said it lost $1.5 billion because of unauthorized trades. Haven’t these people heard of internal … Continue reading

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Gold Rockets to New Record High of $1,663.50 an Ounce!

August 4, 2011 – – Gold Rockets to New Record High of $1,663.50 an Ounce: Fears of a recession sent gold futures to a record settlement price Wednesday, its fifth in eight sessions, as its safety appeal pulled in investors … Continue reading

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