I have a few thousand shares of mining stocks, which I bought for pennies each. I guess they have done well, I rarely ever check. People ask me all the time about selling their physical to buy shares.
Bear's Lair
Bear Markets always follow Bull markets and a severe stock market correction is long overdue. Bears Lair will spot, monitor and analyze the stock market correction as it develops.
Exactly at what precise point things fall apart I can't tell you: what I can do is give a general status report and let you make your own decisions.
I've been doing a lot of thinking (what else is new?). In fact, I woke up at 2AM Saturday morning, and I realized that something was bothering me. What could be bothering me?
"Political history is largely an account of mass violence
and of the expenditure of vast resources to cope
After Wednesday's 2.9 percent decline in the Dow Industrials Index coupled with comparable retreats in Utilities, the S&P 500, and NASDAQ, investors are beginning to worry that we are entering a depression.
In this article, an attempt is made to point the way to making some "sensible" investment profits, with as low a risk as possible.
Unfortunately, the only way Gold can have a successful role is when its key qualities are allowed to reign.
The prices of gold mining shares and gold during the third quarter of the year corrected their first half rises, but they continued to outperform the New York stock markets, as they did in 2001.
As a rule of thumb, the higher up in an organization structure one rises, the more basic one needs to get in one's thinking in order to ensure that dumb decisions are not taken as a result of misplaced enthusiasm of more knowledgea
Do your own Due Diligence
Barron's Confidence Index is the ratio of the yield of best-grade bonds to the yield on medium grade bonds. When the bond crowd gets worried, they move to the best-grade bonds and the CI declines.
in which the gentle reader learns why the miller and the baker
did not succeed to commit the perfect crime
In three previous pieces, (click at bottom of this to access them) I discussed the distinct possibility of the housing market taking a deep plunge because of heavy layoffs and consequential inability to pay mortgages, as well as ha
My interest in money as a child began at an early age. I happened to be 7 years old when the new 1965 "tokens" were first minted. I was not sure why, but I knew there was something going on here.
Everyone wants to know, "When will the real estate bubble finally burst?" The answer to that question is at once simple and complex: "It breaks when it breaks!" Calling the exact peak of a market bubble-whether stock, commodity, or
In the latest move to revive Japan's financial system, the governor of the Bank of Japan (BOJ) announced that the central bank would buy stocks directly from lending institutions in order to help them reduce the impact of falling s
We all know about the hundreds of billions (literally) in credit card debt. It is frightening, but true. Imagine a picture of those who have this debt. They must keep up the impression of wealth.
Degrade first the Arts if you'd Mankind Degrade.
Hire Idiots to Paint with cold light & hot shade:
Mr. Magoo is starting to resemble Gollum of Lord of the Rings in his single minded obsession. I also believe he will share the warm embrace of Mt. Economic Doom's volcanic heart.
A fatal flaw in "specialist education" is that it provides one with canned answers in search of recognisable questions. Economists thus tend to think in economic terms, Accountants in accounting terms, and so on.