The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
I like how they sold it when it was at $51 rather than when it was significantly lower immediately after the shooting.
States aren't waiting around for new federal gun legislation as they take matters into their own hands. The latest: A new South Dakota law will allow teachers to carry guns in schools and Georgia approved a measure which will remove a ban on firearms in college classrooms and churches. About 25 other states have similar bills pending. Meanwhile, gun sellers Sturm Ruger (RGR -1.2%) and Smith & Wesson (SWHC -1.2%) continue to try to keep with robust demand. [View news story]
The wild west was far less violent in reality than the films would have you believe. Do you always believe what you see in the films? Do some research into the real number of bank robberies that occurred for example.
States aren't waiting around for new federal gun legislation as they take matters into their own hands. The latest: A new South Dakota law will allow teachers to carry guns in schools and Georgia approved a measure which will remove a ban on firearms in college classrooms and churches. About 25 other states have similar bills pending. Meanwhile, gun sellers Sturm Ruger (RGR -1.2%) and Smith & Wesson (SWHC -1.2%) continue to try to keep with robust demand. [View news story]
It's not a perception, it's a very real shortage. Manufacturers have backorders and ammunition is hard to find or very expensive.
The CME cuts the initial margin for gold (GLD) to $5,940 from $6,600 and silver (SLV) to $10,450 from $12,100. Maintenance margins are cut by a similar ratio for both metals as well. [View news story]
Given they raised margin requirements twice in the space of a few days, facilitating the big drop you see in any longer term graph (for silver at least), I wouldn't be so sure.
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
That's what the amendment states, yes, though more practically you don't really need nukes. They're no good for a rebellion. It doesn't state "may have small arms".
Private warships, as well as ownership of heavy weaponry, wasn't unknown at that time. If anyone knew how rebellions were run, they did.
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
As good a point as that is, I'm just going to leave this here:
"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."
For those who question what a Militia is, the US Militia code clearly states it to be both organised and unorganised groups, i.e. individuals.
Bernanke: It seems the chairman is less sure about the "efficacy" of QE, making clear decisions on changes will be qualitative, as opposed to the new rule for the Fed Funds rate which is very much quantitative. [View news story]
Will this really mean a change or just a different tact at the same thing? What should we be expecting?
The iPad mini has gone on sale today, but without the long queues and frenzy that normally accompany the launch of a new Apple (AAPL) product. That's possibly because the specifications aren't as good as in the iPad, while the models on sale don't include the chips that support high-speed cellular Internet. Those are due in a couple of weeks. [View news story]
I haven't seen numbers that show that google are losing money on nexus devices. Do you have any proof? I'm not saying they're not losing money, and I don't follow it that closely, but now I'm curious to see some evidence that this is the case.
The iPad mini has gone on sale today, but without the long queues and frenzy that normally accompany the launch of a new Apple (AAPL) product. That's possibly because the specifications aren't as good as in the iPad, while the models on sale don't include the chips that support high-speed cellular Internet. Those are due in a couple of weeks. [View news story]
Margins aren't the point of the nexus devices and they never have been. They're devices to help get users onto android. Google are making devices they thought were necessary, which the manufacturers might not want to make, possibly because the margins might not have appealed.
Android's not directly about money either, it's a power play to get Android into the mobile (tablet and phone) market so they're not locked out in the future. Tonnes of android phones are being sold, so from that point of view its been successful.
I don't own any google stock, and I'm not a fanboy of anyone, but I would be interested to see what Google's 5/10 year plan is and how all of this fits together. It might be a way to push people to buying cloud storage and apps, combined with some ad revenue, but that's just my speculating.
"(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
Not only does it go on, it gets exponential. Then you live in a modern day weimar republic. Fun for all. Have you got a wheelbarrow close?
Bernanke: "Monetary policy cannot cure all economic ills," he argues, before saying the FOMC is convinced further policy accommodation is necessary to bring down the unemployment rate. "The Fed will purchase assets until the economy improves." [View news story]
What are they going to do? Change something? Their policies are almost exactly the same. They even have the same people when they shuffle leadership between the parties. There is no difference.
Bernanke: "Monetary policy cannot cure all economic ills," he argues, before saying the FOMC is convinced further policy accommodation is necessary to bring down the unemployment rate. "The Fed will purchase assets until the economy improves." [View news story]
John Paulson is no Felix Zulauf or Jim Chanos, writes Josh Brown after listening in on a BAML call in which the ice-cold fund manager talked strategy. One adviser asked Paulson about "crosscurrents within the portfolio," i.e., trades like long gold and short euro which appear to cancel themselves out. "How do I frame this for clients?" [View news story]
The New York City Employees' Retirement System becomes the third pension fund to sell its stake in gun makers Sturm Ruger (RGR -0.8%) and Smith & Wessen (SWHC -0.3%) following the nightmarish school shooting in Connecticut. CalSTRS and New York's Teacher's Retirement System sold their shares in January and February respectively. Comptroller John Liu says the company's products "tear apart families and shatter communities." ( Reuters ) [View news story]
Worldwide Silver Shortage As Premiums On Silver Eagles Reach 40% [View article]
States aren't waiting around for new federal gun legislation as they take matters into their own hands. The latest: A new South Dakota law will allow teachers to carry guns in schools and Georgia approved a measure which will remove a ban on firearms in college classrooms and churches. About 25 other states have similar bills pending. Meanwhile, gun sellers Sturm Ruger (RGR -1.2%) and Smith & Wesson (SWHC -1.2%) continue to try to keep with robust demand. [View news story]
You know Lincoln never hunted vampires, right?
States aren't waiting around for new federal gun legislation as they take matters into their own hands. The latest: A new South Dakota law will allow teachers to carry guns in schools and Georgia approved a measure which will remove a ban on firearms in college classrooms and churches. About 25 other states have similar bills pending. Meanwhile, gun sellers Sturm Ruger (RGR -1.2%) and Smith & Wesson (SWHC -1.2%) continue to try to keep with robust demand. [View news story]
The CME cuts the initial margin for gold (GLD) to $5,940 from $6,600 and silver (SLV) to $10,450 from $12,100. Maintenance margins are cut by a similar ratio for both metals as well. [View news story]
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
Private warships, as well as ownership of heavy weaponry, wasn't unknown at that time. If anyone knew how rebellions were run, they did.
Finding overlapping viewpoints from the gun control lobby and the NRA is exceedingly difficult, but one area that stands a fighting chance of seeing some compromised reform could be rules (federal and local) governing gun shows and background checks. Though the NRA won't say publicly it endorses tighter rules, analysts speculate that behind closed doors the issue could be on the table. [View news story]
"A well regulated Militia, being necessary to the security of a free State, the right of the people to keep and bear Arms, shall not be infringed."
For those who question what a Militia is, the US Militia code clearly states it to be both organised and unorganised groups, i.e. individuals.
Right, back to investing.
Bernanke: It seems the chairman is less sure about the "efficacy" of QE, making clear decisions on changes will be qualitative, as opposed to the new rule for the Fed Funds rate which is very much quantitative. [View news story]
The iPad mini has gone on sale today, but without the long queues and frenzy that normally accompany the launch of a new Apple (AAPL) product. That's possibly because the specifications aren't as good as in the iPad, while the models on sale don't include the chips that support high-speed cellular Internet. Those are due in a couple of weeks. [View news story]
The iPad mini has gone on sale today, but without the long queues and frenzy that normally accompany the launch of a new Apple (AAPL) product. That's possibly because the specifications aren't as good as in the iPad, while the models on sale don't include the chips that support high-speed cellular Internet. Those are due in a couple of weeks. [View news story]
Android's not directly about money either, it's a power play to get Android into the mobile (tablet and phone) market so they're not locked out in the future. Tonnes of android phones are being sold, so from that point of view its been successful.
I don't own any google stock, and I'm not a fanboy of anyone, but I would be interested to see what Google's 5/10 year plan is and how all of this fits together. It might be a way to push people to buying cloud storage and apps, combined with some ad revenue, but that's just my speculating.
"(QE3) is explicitly linked to what happens with the economy," says San Francisco Fed President Williams. The MBS purchases will continue or even expand to include other assets "until the job market looks substantially healthier." Sounding like he believes what he is saying, Williams calls the program an "automatic stabilizer," able to be tweaked depending on the fickle statistics-based surveys of the BLS each month. [View news story]
Bernanke: "Monetary policy cannot cure all economic ills," he argues, before saying the FOMC is convinced further policy accommodation is necessary to bring down the unemployment rate. "The Fed will purchase assets until the economy improves." [View news story]
Bernanke: "Monetary policy cannot cure all economic ills," he argues, before saying the FOMC is convinced further policy accommodation is necessary to bring down the unemployment rate. "The Fed will purchase assets until the economy improves." [View news story]
John Paulson is no Felix Zulauf or Jim Chanos, writes Josh Brown after listening in on a BAML call in which the ice-cold fund manager talked strategy. One adviser asked Paulson about "crosscurrents within the portfolio," i.e., trades like long gold and short euro which appear to cancel themselves out. "How do I frame this for clients?" [View news story]
Rocket science this isn't.