Posted on October 25, 2009 by MoneyBob
The economy is still the pits yet stocks are on a tear. What’s an investor to do in these confusing times?John Mauldin, president of Millennium Wave Advisors, admits the average investor doesn’t “have as many good choices” as in the past.Contrary to what “experts” have told the public for years, now is not the time [...]
Filed under: Aaron Task, Economy, Income, Investing, John Mauldin, MoneyBob Postings, Retirement, Thoughts, Yahoo Finance, economics | Tagged: buy and hold, economics, Investing, Investments, John Mauldin, Real Estate | Leave a Comment »
Posted on October 12, 2009 by MoneyBob
Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.”Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.”Is it going to happen? Yes,” Rogers says. “I don’t like saying it [...]
Filed under: Aaron Task, Commodities, Credit Crunch, Credit Freeze, Debt Management, Deflation, Depression, Diamonds, Dooms Day, Economy, Gold, Inflation, Interest Rates, Investing, Jim Rogers, MoneyBob Postings, Oil, Retirement, Saving, Silver, Stagflation, Stock Market, Taxes, The Fed, US Dollar, Uranium, Work, Yahoo Finance, currency, economics | Tagged: Commodities, Credit Crunch, Deflation, Depression, Dollar, Dooms Day, economics, GLD, Gold, Inflation, Investing, Investments, Jim Rogers, Life, Marc Faber, Mortgage Debt, Stock Market, Thoughts, Work | Leave a Comment »
Posted on March 1, 2009 by MoneyBob
“Don’t think about what the market’s going to do; you have absolutely no control over that. Think about what you’re going to do if it gets there. In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there’s nothing more [...]
Filed under: Economy, Investing, Saving, William Eckhardt, economics | Tagged: Economy, Investing, Investments, William Eckhardt | Leave a Comment »
Posted on October 22, 2008 by MoneyBob
“This is just another stage of the credit crisis,” said Birinyi Associates analyst Cleveland Rueckert. “Now we’re seeing the effects in world economies of the trickle down effect of the last year and a half.” The sell-off in commodities has hit gold, oil, base metals, sugar and grains and is tied to the soaring dollar. [...]
Filed under: Credit Crunch, Economy, Investing, Laszlo Birinyi, Liquidity Squeeze, Market History, US Dollar, economics | Tagged: Commodities, Dollar, Economy, Euro, Exchange Rate, Investing, Investments, Laszlo Birinyi, Market History, US Dollar | Leave a Comment »
Posted on October 20, 2008 by MoneyBob
On 10/16/2008 – Bought GLD at $80 per share. SPDR Gold Shares (GLD) SPDR Gold Trust (the Trust), formerly StreetTRACKS Gold Trust, is an investment trust. The Trust holds gold, and from time to time, issues the SPDR Gold Shares (Shares) (formerly streetTRACKS Gold Shares) in blocks of 100,000 Shares (Baskets) in exchange for deposits [...]
Filed under: Credit Crunch, Dooms Day, Economy, Gold, Inflation, Investing, Mining, Saving, Silver, economics | Tagged: GLD, Gold, Inflation, Investing, Investments, Metals, Mining, Money, Silver, Spiders | Leave a Comment »
Posted on October 20, 2008 by MoneyBob
On 10/10/2008 – Bought SLV at $10 per share. iShares Silver Trust (SLV) is a grantor trust. The purpose of the trust is to own silver transferred to the trust in exchange for shares issued by the trust. Each iShare represents a fractional undivided beneficial interest in the net assets of the trust. The assets [...]
Filed under: Economy, Gold, Inflation, Investing, Silver, US Dollar, economics | Tagged: ETF, Gold, Hedge, Inflation, Investing, Investments, Metals, Mining, Money, Silver, SLV | Leave a Comment »
