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Archive for October, 2008

Gold Breaks $700

Monday, October 27th, 2008 Posted in Coins, Gold/Silver | 2 Comments »

Last Friday, gold dropped to $680/ounce before rebounding to $740/ounce. Like every other asset, gold has been hammered this year. However, this may be partially due to a strengthening of ... Read more..

When Is Enough, Enough?

Saturday, October 25th, 2008 Posted in Investing, inspirational | 4 Comments »

UCLA Alumni, Andrew Lahde, announced last week that after making an astounding 866% last year, he was closing down his hedge fund and returning all the money back to his ... Read more..

Funny Sarah Palin Song

Wednesday, October 15th, 2008 Posted in Humor | 11 Comments »

Regular readers of my blog know I'm a big fan of Ron Paul and was disappointed (though not surprised) to see he didn't make the cut for Presidential Candidate. I ... Read more..

Interview With Warren Buffett

Sunday, October 12th, 2008 Posted in Economy, Education, Investing | 6 Comments »

Addison Wiggin at Agora Financial sat down with Warren Buffett for an interview. He published that interview in his brand new book, I.O.U.S.A – One Nation. Under Stress. In Debt. ... Read more..

The Federal Reserve Starts A Hedge Fund

Thursday, October 9th, 2008 Posted in Economy | 4 Comments »

Not too long ago, the Federal Reserve could only buy Treasuries. If it injected any liquidity in to the financial markets, it was limited to reserve bank credit. Nowadays, it ... Read more..

Cramer Wins Mr Obvious Award!

Tuesday, October 7th, 2008 Posted in Investing | 4 Comments »

I guess there isn't "always a bull market somewhere"! Jim Cramer just advised people to get out of the stock market saying that stocks might lose 20% this year. Isn't it ... Read more..