Commodity Prices
The Two Kinds of Gold Investments
If you want to get rich from gold, the physical bars and coins won’t ever do that for you. Physical gold is great as a store of value. That’s all.… Read more
Unemployent falls and so do stocks
Yesterday’s decline reversed the rally we enjoyed to start the week. The S&P 500 is now below support at 1071. Is that a death knell? No. But it’s not… Read more
Re-pricing Banks
It’s clear that investors are re-pricing stocks for the possibility that the proposed restrictions on banks’ trading practices will impact their profits… Read more
Can’t Ignore This One
You’ve probably noticed I tend to stay away from political debates. And with good reason. I learned a long time ago that it’s best not to talk politics and… Read more
China Must Play Ball
Yesterday’s Daily Profit about Google’s (Nasdaq:GOOG) experience in China has raised some questions. Ray G. writes:
Anytime a government like the one China has can do whatever it pleases… Read more
Ending Censorship?
Google (Nasdaq:GOOG) has been attacked. According to the New York Times, last week somebody hacked into its systems, and may have stolen corporate data and source codes. Google is… Read more
Alcoa Misses
Alcoa (NYSE:AA) didn’t beat earnings expectations. It came in with a $0.01 profit after charges, instead of the $0.05 that analysts were expecting. That’s a big miss, and I’m… Read more
Massive Oil Find
Ben Bernanke needs to be careful. Over the weekend, the Fed Chairman gave a speech where he essentially said loose monetary policy between 2001 and 2005 was not to… Read more