Gold prices hit new all time highs late Thursday afternoon. Gold futures for August delivery hit $1,252.50 per ounce during the trading day. The precious metal closed the day at $1248.70. That set a new intraday and a new closing high for gold futures. Investors of all stripes, concerned about the inflationary...
Your Daily Profit June 9, 2009 *****Masterful Performance *****Recovery Illusion *****The Brilliant General Fellow Investor, Bravo. The government’s handling of the financial crisis and recovery should be recognized as a masterful performance. At least, so long as you don’t look too deeply...
Filed under: Filed under: Ian Wyatt, bank bailout, Geithner, Federal Reserve, unemployment, Bernanke, Chrysler, toxic asset, Treasury, PPIP, BLK
Normal 0 MicrosoftInternetExplorer4 June 4, 2009 *****Government Doublespeak *****Deficits Threaten Growth *****As the News Cycle Turns Fellow Investor, Software developer Wind River (Nasdaq: WIND ) is the small cap leader today posting a 44% gain as of press time, 1:15 P.M. Eastern, on news of its acquisition...
Your Daily Profit May 28, 2009 *****A Bottom for Housing *****Double-Dip Recession *****19% on BlackRock, Inc (NYSE: BLK) Fellow Investor, Yesterday, it was reported that median home prices fell to $209,700 from $246,400 in April 2008. That’s a steep year-over-year correction, even though prices...
Filed under: Filed under: stimulus package, Ian Wyatt, stimulus plan, oil stocks, oil, taxpayer, bank bailout, Geithner, Federal Reserve, unemployment, OPEC, retail sales, toxic asset, homebuilders, stress test, PPIP, Treasury Bonds, BLK