Why I Forecast A $2,600 Gold Price In 2012 [View article]
Why I don't invest in gold. 2/28 $1784.90 an oz, 2/29 $1696.70 an oz. You can count on it being manipulated and collapsing like the sun rising. It is a great short play.
Only Gold, Not Silver, Can Overcome Government's Fiat Decree [View article]
Why I don't invest in Gold. Feb. 28 spot price $1784.90; Spot price Feb. 29 $1696.70 an oz. A loss of $87.20 an oz. It is manipulated and has become more volatile that high risk equities. You can almost count on the fact that as it increases like it has over the last three weeks that this drop was going to occur. It is a great play for a short strategy, but long term all I would keep is a few gold coins.
The Price Of Gas Is Outrageous, And It Is Going To Go Even Higher [View article]
We refuse to develop our own enrgy sources and continue to rely on an unstable and unfriendly host of nations to supply our oil needs. This administration has been a disaster for the economy and the ordinary citizen.
Apple Tumbles, Let Downturn Subside Before Buying Back In [View article]
Read recently that the Chinese Government is confiscating iPADs in China as a result of trade mark dispute. AAPL is due for a sanity check in market price.
Greece's parliament is expected to tonight pass the austerity and other measures needed for the country to receive its second, EUR130B ($171B) rescue. However, the Troika is considering whether Greece needs a further €15B. The nation apparently has until Wednesday to finalize the bailout so it can repay bonds due on March 20. [View news story]
This is what happens when socialist deocracies take over. They create an etitlement society that keeps taking more and more of the countries treasury until it can no longer borrow to spend more. Does any of this sound familar? It should the presidents budget reflects the same socialist democracy characteristics on a larger scale. Ask Greeks that are "wealthy" how much taxes they pay? Businesses are going bankrupt because they cannot pay the tax burden.
Greece's parliament is expected to tonight pass the austerity and other measures needed for the country to receive its second, EUR130B ($171B) rescue. However, the Troika is considering whether Greece needs a further €15B. The nation apparently has until Wednesday to finalize the bailout so it can repay bonds due on March 20. [View news story]
Caterpillar (CAT +2.8%) says it will close a locomotive assembly plant in Canada where unionized workers have been locked out since the beginning of the year after they refused to accept pay cuts and other concessions. The Canadian Auto Workers Union says CAT never intended to keep the plant open. [View news story]
It's what made this country have the highest standard of living in the world.
Caterpillar (CAT +2.8%) says it will close a locomotive assembly plant in Canada where unionized workers have been locked out since the beginning of the year after they refused to accept pay cuts and other concessions. The Canadian Auto Workers Union says CAT never intended to keep the plant open. [View news story]
It says mountains about what unions do to businesses. How long before the Indiana plant becomes too expensive and the NLRB files a suit to stop them from leaving that plant.
Australia plans to review its timetable for deliveries for F-35s after worries crop up that costs could run higher if the U.S. and allies order fewer jets themselves from Lockheed Martin's (LMT +0.1%) Joint Strike Force program. [View news story]
It is a self fore filling prohecy of failure to cut back on production, which increases unit costs and then expect customers to buy more at a more expensive price
Looks like a repeat headline, but isn't: Negotiators say Greece and private creditors are close to a deal on a debt swap. Now, creditor reps Charles Dallara and Jean Lemierre may offer interest rates that would mean bigger losses for bondholders that would still be recouped if strong growth returns. (last weekend) [View news story]
So goes the reality of a socialist entitlement country. I cannot imagine any firm loaning these countries money. They all are headed for the dust bin of failure. You cannot spend more than you make a rather simple rule.
The Case For Selling Apple Puts [View article]
Apple Earnings Estimates [View article]
An Apple Bubble Is Forming [View article]
Why I Forecast A $2,600 Gold Price In 2012 [View article]
Only Gold, Not Silver, Can Overcome Government's Fiat Decree [View article]
The Price Of Gas Is Outrageous, And It Is Going To Go Even Higher [View article]
Apple Tumbles, Let Downturn Subside Before Buying Back In [View article]
Greece's parliament is expected to tonight pass the austerity and other measures needed for the country to receive its second, EUR130B ($171B) rescue. However, the Troika is considering whether Greece needs a further €15B. The nation apparently has until Wednesday to finalize the bailout so it can repay bonds due on March 20. [View news story]
Greece's parliament is expected to tonight pass the austerity and other measures needed for the country to receive its second, EUR130B ($171B) rescue. However, the Troika is considering whether Greece needs a further €15B. The nation apparently has until Wednesday to finalize the bailout so it can repay bonds due on March 20. [View news story]
Caterpillar (CAT +2.8%) says it will close a locomotive assembly plant in Canada where unionized workers have been locked out since the beginning of the year after they refused to accept pay cuts and other concessions. The Canadian Auto Workers Union says CAT never intended to keep the plant open. [View news story]
Caterpillar (CAT +2.8%) says it will close a locomotive assembly plant in Canada where unionized workers have been locked out since the beginning of the year after they refused to accept pay cuts and other concessions. The Canadian Auto Workers Union says CAT never intended to keep the plant open. [View news story]
Australia plans to review its timetable for deliveries for F-35s after worries crop up that costs could run higher if the U.S. and allies order fewer jets themselves from Lockheed Martin's (LMT +0.1%) Joint Strike Force program. [View news story]
Looks like a repeat headline, but isn't: Negotiators say Greece and private creditors are close to a deal on a debt swap. Now, creditor reps Charles Dallara and Jean Lemierre may offer interest rates that would mean bigger losses for bondholders that would still be recouped if strong growth returns. (last weekend) [View news story]