*****How to Play the Irish Bailout *****U.S. Dollar vs. euro *****One Ounce Silver American Eagle Fellow Investor, It’s one of those situations in investing that often defies logic – and leads to big opportunities. When the majority of investors become convinced that a trade can only go one...
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Ian Wyatt
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11-22-2010
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Filed under: Ian Wyatt, gold price, gold, Fed, Bernanke, GLD, dollar, gold stocks, European Union, silver, euro, European debt crisis, silver price
November 19, 2010 *****The Market Feels Heavy *****Silver Eagle *****The Fed Fires Back Fellow Investor, The good vibes from the GM IPO and the bailout potential for Ireland took the S&P 500 back above support/resistance at 1,192. We'll see how long the good vibes last. Despite yesterday's...
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Ian Wyatt
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11-19-2010
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Filed under: Ian Wyatt, bailout, bank bailout, S&P 500, Federal Reserve, Fed, China, Bank of America, GM, Bernanke, General Motors, TARP, dollar, currency, silver, mining stock, PIMCO, IPO, silver price
Fellow Investor, QE2 has unleashed a raging bull market for gold and silver. But the falling dollar is also pushing oil prices higher, too. Oil is zeroing in on its 52-week high. And oil stocks have been performing very well. Now, as you now, I was recently at the Association for the Study of Peak Oil...
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Ian Wyatt
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11-11-2010
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Filed under: Ian Wyatt, oil, gold price, gold, Federal Reserve, Fed, China, USO, coal, commodity, Energy Information Agency, oil prices, natural gas, UNG, silver, silver price
Gold continued to make news yesterday and today, but most investors still don’t realize that it’s silver that has posted much better gains this year. In fact, silver has more than doubled gold’s gains, year-to-date: Rick de los Reyes, a metals and mining analyst at T. Rowe Price recently...
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Daily Profit
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Ian Wyatt
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11-10-2010
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Filed under: Ian Wyatt, gold price, gold, Fed, Bernanke, gold stocks, silver, silver price, PIIGS, Ireland, Spain
At $1,390 an ounce, gold prices are at an all time. Silver is at a 30-year high. Agricultural commodities like fertilizer are also moving toward new highs. Economists are warning that these commodities could continue to move higher in price for several months. And the stocks of companies selling these...
Gold prices rose $45 an ounce today as investors flocked to the ultimate store of value after Fed Chief Ben Bernanke renewed his attack on the U.S. dollar with another round of quantitative easing. Called QE2, the Fed will spend as much as $900 billion to buy U.S. Treasury bonds as a way to keep the...