Stocks in Japan were higher despite a report Toyota might slash its dividend payment.

More on backwardation in Gold from Fekete..... "In an earlier article Backward Thinking on Backwardation I explained that backwardation in gold is the flipside of the phenomenon of a drastic contraction of world trade and employment. This brings out the danger in denying the fact of gold backwardation or to belittle its significance, as most observers seem to be doing. I am reminded of the saying of the Swiss educator F.W. Foerster: "if you don't use your eyes for seeing, later you will use th

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Key appointees in the Obama administration will be tasked with modernizing the financial regulatory system.