Credit Freeze Spreads to Consumers: GMAC Will Only Lend Money to Prime Borrowers [View article]
smart move only going for 700 ficos. Almost a guarantee the loans will get paid. I'd rathe sell less and have guaranteed loans than risk having to chase after customers. Companies that focus on prime customers will grow faster in the long runl.
Las Vegas Housing, Casino Revenues Have Dropped Like a Pair of Loaded Dice [View article]
been to vegas lately? a buffet that used to cost $5 - $8 to eat now costs $18 - $20. Hotel rooms $70+ which you used to get around $35 - $55 a night. I think Vegas has priced itself out of the market. I wasn't clear on how a company raises rates as there is more competition. You would think the law of supply and demand would kick in. I myself haven't been back in a while because of the high prices.
Gold ETFs: What Went Wrong With Conventional Wisdom? [View article]
makes sense, money is withdrawn from stocks and goes to money market accounts giving cash more value than other investments. plus the fed pumping money into the financial system creates a temporary fake rally in dollar wealth.
gold was rising steadily however as it gets close to 1000 it is receiving resistance. silver however is at a much fairer price. when it comes to value I think gold has had its run.
gold was rising steadily however as it gets close to 1000 it is receiving resistance. silver however is at a much fairer price. when it comes to value I think gold has had its run.
U.S. Automakers Can't Afford to Overlook Natural Gas Opportunities [View article]
I cannot see GM going away with the money spent on the new volt. I would like to see a 3 headed monster ford/gm/chrysler as one company to revamp things. As companies merge it allows them to price fix and not beat each other down. This guarantees more money for the company without the stress of dealing with the competition.
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We Had a Clue: Harley Davidson Announces Diminished Q3 Results [View article]
Credit Freeze Spreads to Consumers: GMAC Will Only Lend Money to Prime Borrowers [View article]
Silver: Gap Between Paper and Physical Prices Widening Daily [View article]
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Las Vegas Housing, Casino Revenues Have Dropped Like a Pair of Loaded Dice [View article]
Gold ETFs: What Went Wrong With Conventional Wisdom? [View article]
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U.S. Automakers Can't Afford to Overlook Natural Gas Opportunities [View article]
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