joenobody02

Why Gold is Likely to Keep Moving Higher

Gold is simply a form of currency. You cannot eat a gold coin nor a copper penny but they both have value. The value of the USD is backed by the promise of the US government. The value of gold is backed by its scarcity.

When the Economy Hands You Lemons, Consider Dividend ETFs

The 1 year return of RMB (i.e. CNY) is 11+%. You dont do anything and at almost no risk. Just exchange your sinking USD for the Chinese yuan and put it in an interest bearing 1 year saving deposit account.

Changing of the Short Uptick Rule: Bad Timing for a Bad Idea

Without the uptick rule in place, a hedge fund manager with enough "other peoples money" can kill a small company by selling short all the way to 25 cents if he wants(and profit handsomely). Biotech companies , for an example, are prime targets, a tiny bad news can drive the stock price to zero, depriving the drug that could have been developed.