phlash79

Oil Bulls' Biggest Nightmare: A Stronger Dollar

I have one rhetorical question...I keep reading that the US individual savings rate is low...what I want to know are they using outdated criteria...ie how much is in savings accounts? I don't know how they define it but there must be 100's of billions if not several trillion dollars be contributed (saved) into 401K's, SEP's, IRA's etc...as provided for by law...the same monies that are either on the side lines in CD's or Money Market accounts or equities or treasuries...I would say that we probably save more money in this fashion than anyother country in the world...I know between contributions and matching and earnings I built my account well into 6 figures...

And I call it savings for retirement...lol

Bespoke's Commodity Snapshot: Key Support Lines Challenged

I'd say the time to buy gold is right after the IMF sells it 400 tons...as of this moment...they haven't reached a decision on the timeline...