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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




What China Could Do to the Price of Gold

Bill Bonner (September 16th, 2009) Writes:

“I’m Brazilian. I have gold. And I’ve just arrived from Rio richer than anyone…” Thus sang one of the characters in an operetta by Jacques Offenbach. But that was in the mid-19 th century. But hey… what goes around…

Guess what happened last year? According to a study from Boston Consulting Group, the only area of the world that got richer last year was Latin America… led by Brazil!

The rest of the world got poorer. By 11%, according to BCG. Down in the rum and sun zone, on the other hand, they got 3% richer.

So maybe our investments in South and Central America will turn out all right after all.

Meanwhile, back in the developed world… what’s going on? There are two main schools of thought. Ours. And theirs.

Who’s right? You decide.

They say – the crisis is over. We can thank our lucky stars – and the feds.

Now, we’re getting back

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Guest Article: Green in a Recession

Fred Fuld (February 21st, 2009) Writes:

By Andrew S. Winston,br /Author of a href=”http://www.amazon.com/gp/product/0470393742?ie=UTF8tag=antiquestocka-20linkCode=as2camp=1789creative=9325creativeASIN=0470393742″Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage/aimg src=”http://www.assoc-amazon.com/e/ir?t=antiquestocka-20l=as2o=1a=0470393742″ width=”1″ height=”1″ border=”0″ alt=”" style=”border:none !important; margin:0px !important;” /br /br /”Do you think this green thing will take a back seat now that money is tight?”br /br /I now hear this question more than any other. Times are uncertain, so who really knows what corporate priorities will be over the next year or two? But at the risk of being dead wrong very soon, I’ll venture some opinions. First, if there’s a deep, prolonged recession, the green movement slows down because everything slows down. Of course some parts of the economy will lose momentum slower than others (the growth of renewable energy, for example, will likely continue but perhaps at a slower pace of growth, much like China’s recent 9 percent GDP rise was oddly …

News and Charts — TGIF Edition

Sean Brodrick (September 5th, 2008) Writes:
Dr. Jeff Masters gives us the latest on monster hurricane Ike

Ike's long-term fate has two main possibilities:1) Ike may hit eastern Cuba, as forecast by the latest (12Z, 8am EDT) runs of the GFDL and ECMWF models, and a number of ensemble members of the latest 12Z GFS model (Figure 2). A hit on Cuba would severely disrupt the storm, weakening it to a Category 1 or 2. Ike could then move on into the Gulf of Mexico and re-intensify, as forecast by the ECMWF model.2) Ike may plow through the Bahamas and come very close to South Florida (the consensus of the HWRF, NOGAPS, and GFS models). A trough of low pressure may then pull Ike to north. This turn to the north might occur over Florida, or over the western Bahamas, within 200 miles of the Florida coast. In the latter case, North Carolina might

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