joenobody02

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    • Thu Apr 10th 08:41 AM | Rating: 0 0
      Commented on:
      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.
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    • Wed Apr 9th 04:52 AM | Rating: 0 0
      Commented on:
      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.
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    • Fri Mar 21st 16:15 PM | Rating: 0 0
      Commented on:
      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.
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