Jan. 3 - U.S. stock futures are up on the first day of trading in 2012, and billionaire investor Jim Rogers tells Reuters he thinks gold is losing its luster.
A golden bear manufacturing update and another gulf oil spill lawsuit here's your morning call for this Tuesday the first US trading day. 2012. Stocks looking to start it on behind him right now we've got Dow NASDAQ S&P 500 futures all up to -- percent as we head into the open the Dow looking to build on 2011 gains while the S&P 500 finished the year roughly flat. And the NASDAQ in the red -- In Europe Greek government spokesman saying that country will have to leave the Euro if it fails to reach a deal. On and bail out well with the turmoil in Europe and uncertainty surrounding the world economy you might think investors would continue piling into gold. Not Jim Rogers he tells Reuters Insider -- Joseph. He thinks the metal is losing it's luster. I have gold goes to 12100 say I hope that I'm Smart enough to buy a lot more ago that's not a prediction but it's not a surprise -- -- I mean most. Assets. Correct thirty or 40% during the course of an ER two. -- hasn't had a thing as serious correction in a long time without the eleven years in a row that's extremely unusual for any ascent so gold is due for a nice. -- Rodgers does say he is buying Euro that he short Europeans. -- BP is going after Halliburton again. The oil giant seemingly contractor for the second time now asking it to pay all costs associated with a clean up the twenties and gulf oil spill. BP previously but the price tag at 42 million dollars. Halliburton cemented that failed well that caused the biggest offshore oil spill in US history. BP filed its first lawsuit against Albert in April of last year. Thomson Reuters -- at our market -- US manufacturing remaining on growth path. With the December ISM manufacturing index rising slightly to 53 point Q which match as the consensus forecast. I part that the continuing recovery from supply chain disruptions in Japan. And Thailand -- how this actor figures on construction spending are added ten and ten minutes from the December meeting come out around 2 PM. And and it the last full day of campaigning in Iowa former Massachusetts governor Mitt Romney focused on. President Barack Obama and not his Republican presidential competitors saying. He was there to collect on Obama's forecast that he would be a one term president. If he failed to turn the economy around Romney actually defended former house speaker Newt Gingrich saying. He did not cause massive job losses in the US polls show Romney representative Ron Paul and former senator Rick Santorum buying. For the top spot in tonight's Iowa Caucuses. That's a morning -- this Tuesday and -- this is right.