(New information on gold prices and a recent identity theft case updated in today's Hot Trends article.
NEW YORK (TheStreet) -- "Gold" is a trending topic following a report that the precious metal could reach $1,450 a troy ounce this year, according a recent poll of analysts, bankers and producers attending the London Bullion Market Association annual conference.>>4 ETFs to Cash In on Gold's Rally
Spot gold prices were trading sideways today amid a sharp uptick in oil, which has a long history of being tied to commodities such as gold. James DiGeorgia, publisher of the Gold and Energy Advisor and author of The Trader's Great Gold Rush also expects gold prices to rise to around $1,400 by the end of the year.
"It looks like gold is consolidating and that's a good thing," DiGeorgia said. "We've made new highs and it's not uncommon for a commodity like this to go through some consolidation."
"Identity theft" is a heavily searched phrase today following a news report that a Pittsburgh woman will plead guilty to charges of fraud and aggravated identity theft.
Karen Tucker allegedly scammed advertisers and exhibitors out of thousands of dollars by promoting a fake bridal show in Boston. Tucker was charged with fraud after she pretended to be a representative from a business called The Boston 411. She promoted a fake home and bridal show in March and collected illegitimate upfront fees from exhibitors.
She will plead guilty in exchange for a sentence of up to nearly five years in jail.
"Krispy Kreme" is a trending search topic today after the doughnut company's shares increased 18% in the past month. Krispy Kreme Doughnuts(KKD_) opened in 1933 and went public in 2000.
NEW YORK (TheStreet) -- "Gold" is a trending topic following a report that the precious metal could reach $1,450 a troy ounce this year, according a recent poll of analysts, bankers and producers attending the London Bullion Market Association annual conference.>>4 ETFs to Cash In on Gold's Rally
Spot gold prices were trading sideways today amid a sharp uptick in oil, which has a long history of being tied to commodities such as gold. James DiGeorgia, publisher of the Gold and Energy Advisor and author of The Trader's Great Gold Rush also expects gold prices to rise to around $1,400 by the end of the year.
"It looks like gold is consolidating and that's a good thing," DiGeorgia said. "We've made new highs and it's not uncommon for a commodity like this to go through some consolidation."
"Identity theft" is a heavily searched phrase today following a news report that a Pittsburgh woman will plead guilty to charges of fraud and aggravated identity theft.
Karen Tucker allegedly scammed advertisers and exhibitors out of thousands of dollars by promoting a fake bridal show in Boston. Tucker was charged with fraud after she pretended to be a representative from a business called The Boston 411. She promoted a fake home and bridal show in March and collected illegitimate upfront fees from exhibitors.
She will plead guilty in exchange for a sentence of up to nearly five years in jail.
"Krispy Kreme" is a trending search topic today after the doughnut company's shares increased 18% in the past month. Krispy Kreme Doughnuts(KKD_) opened in 1933 and went public in 2000.
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