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Archive for May, 2010
Sweeten Your Returns With Chocolate Dividends
Wednesday, May 26th, 2010 Posted in Investing, alternate investments, bonds | 1 Comment »
A UK-based chocolate manufacturer, Hotel Chocolat, has come up with a novel way to raise capital for expansion. Instead of borrowing money from banks or issuing regular corporate debt, it ... Read more..US Debt Breaks $13 Trillion
Wednesday, May 26th, 2010 Posted in Economy | 2 Comments »
Today the US debt broke the $13 trillion level. Considering that the US GDP or the US economy is $14.2 trillion (according to the World Bank), that makes our debt ... Read more..Gold Closes At Record High
Wednesday, May 12th, 2010 Posted in Global Economy, Gold/Silver | 2 Comments »
Gold closed at a record high today of $1,237/ounce but surged to nearly $1,250/ounce in intraday trading. The gold ETF, GLD, also reported record inflows this week of $2.3 billion ... Read more..Euro Breaks $1.30
Wednesday, May 5th, 2010 Posted in Currency, Global Economy | 2 Comments »
After hitting a high of $1.51 just six months ago, the euro broke the $1.30 level and is currently trading at $1.28. Greece's inability to repay its debts has dragged ... Read more..