North Korea’s Nuclear Testing Causes Earthquake
North Korea actually performed nuclear tests over the weekend resulting in a 4.2 magnitude earthquake.
Lets see if this shakes the stock markets and causes a spike in gold prices.
Oil is over $60 per barrel again. I filed gas this weekend for $2.30/gallon. Haven’t seen these prices for nearly 2 years! I’m currently reading a very good book on how oil prices affect the stock market and the economy in general. Its called The Oil Factor: Protect Yourself and Profit from the Coming Energy Crisis by Stephen Leeb.
Its very interesting and I highly recommend it.
If you found this post helpful, consider donating to my coffee fund!- Invest in Insurance companies? Insurance companies have taken a beating with all the damage caused by all these hurricanes. Maybe its time to start investing in their stock. We know that a lot of damage has already been done and in New Orleans it won't happen again. [Mainly because nothings being rebuilt!]. Also historically......
- Calm Before The Storm? In the past few weeks there's been some pretty spectacular economic news. Oil and Gas prices have sunk to 2 years lows. Gold prices are down. The Dollar has seen recent strength. It seems interest rates might start to drop next year. CPI is projected to drop. The stock market......
- Top 10 Reasons Why You're Not Rich Thestreet.com has a good article on Why you're not rich.Here's the summary:You Care What Your Neighbors ThinkYou Aren't PatientYou Have Bad HabitsYou Have No GoalsYou Haven't PreparedYou Try to Make a Quick BuckYou Rely on Others to Take Care of Your MoneyYou Invest in Things You Don't UnderstandYou're Financially AfraidYou......
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