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[Most Recent Quotes from www.kitco.com]

[Most Recent Quotes from www.kitco.com]




Vulture real estate investors swoop in

Stockmasters Staff (July 2nd, 2008) Writes:
Good article on CNN Money today about the Real Estate market, check it out: Let the bargain hunting begin. Prices may still be falling, but they're low enough for some investors to buy, sell, and pocket a tidy profit. NEW YORK (CNNMoney.com) -- Rock-bottom home prices have finally begun to lure vulture real estate investors into the fray. Sharon Restrepo, a broker in South Florida, where home prices have dropped nearly 27% over the past 12 months, recently bought a three-family home in Cape Coral from a very motivated seller for a mere $65,000. It listed for $195,000. She can rent ...

Stable dollar could reverse oil run

Stockmasters Staff (June 2nd, 2008) Writes:
Fellow Stockmasters, passing on yet another article from CNN Money about a possible top in oil: Stable dollar could reverse oil run It looks increasingly likely the Fed is through cutting rates - and that argues for a strengthening greenback and an end to surging oil prices. Oil's relentless rise has been a major concern for investors and consumers. But is the worst over regarding the spike in energy prices? Crude was trading at one point this morning at about $125.33 a barrel, down 7% from the $135.09 record price hit on May 22. But the price of oil rebounded to around $129 later ...

Is $130 oil a bubble?

Eric Cheshier (May 27th, 2008) Writes:
It's a case of the Tuesdays today Stock Masters. Passing on this great article from cnn money on $130 oil. After reading this I'm thinking maybe it's time to check out the UltraShort Oil & Gas ProShares (Public, AMEX:DUG)? Some say no. They say unlike the tech and real estate bubbles, there's no overabundance of supply. Others say these high prices are not sustainable. Big investment funds are putting money into oil futures as if Saudi Arabia's spigots will run dry tomorrow. At the same time, the supply of oil and the demand for it hasn't changed much in the last year. So it raises the question: Is ...

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