Back in January, I advised you to dump everyone’s sweetheart dividend stock, General Electric (NYSE: GE) in favor of TEPPCO Partners (NYSE: TPP). Many balked at the idea. But the results don’t lie…

On October 29, 2008 a pipeline company, Western Gas (NYSE:WES), announced plans that made its shareholders very happy. I wasn’t a shareholder at the time but its announcement caught my attention and I began following the company.

Gold fell below $915 at the mid-point of Hong Kong trading on Tuesday, but that proved to be the low for the day, as the metal rallied from there to the New York open, went flat until mid-morning, when it sold off again, but then pushed higher to the end of the Comex before leveling off through the Globex to finish at $925.80/oz., up $3.20. Overnight, gold has been pushing higher.

News that construction spending in the United States rose 0.3 per cent in March sent investors into a buying frenzy during Monday trading on the Canadian Markets. For the tale of the tape, the TSX Exchange surged 3.93%, while the TSX Gold Index added 4.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 1.68% with the advancers beating out the decliners by a 528 to 362 margin on good volumes of 210 million shares traded.

It was a wild ride for investors during Thursday trading on the Canadian markets, with the bulls managing to beat down the bears late in the session. For the tale of the tape, the TSX Exchange added 0.47%, while the TSX Gold Index gained another 0.7% and the TSX Venture Exchange, Canada’s largest junior exploration bourse, tacked on 0.51% with the advancing issuers edging out the decliners by a 377 to 374 margin on 140 million shares traded.

New housing starts fell in December to the lowest levels since the government started compiling statistics in 1959, as surging unemployment continued to rock the real estate market. 

Japan’s gold exports have doubled this year as individual investors locked in profits after gold prices soared earlier in the year, but retail demand for bullion has been picking up steadily over the past few months.

With an estimated $4 trillion daily, forex trading dwarfs other markets in terms of volume. And stock market chaos is driving more investors to the currency markets. Frank Hemsley says forex trends are prone to overshoot. That means the British pound could fall much further against the US dollar in the coming months. It may be a bold call, but Frank says pound-dollar parity by the end of the year is a real possibility.