Time to Get into Gold?
Gold rises 1 percent as it climbs above $1,300. The precious metal’s next move, with CNBC’s Mandy Drury and the Futures Now Traders.
DetailsCramer: Saving for Retirement? Don’t Put Your Money Here (Savings Bond Risks)
Saving for retirement? Mad Money host Jim Cramer explains why investing in savings bonds may not be such a lucrative idea. To develop real financial independence, Cramer says you need to make your money work for you.
If you’re under 50, Jim Cramer doesn’t think you have any business holding either Series EE US Savings Bonds or Series I US Savings Bonds in a retirement portfolio.
“Your investments must meaningfully grow your personal wealth so they can ultimately supplement your income later in life.” And although savings bonds are safe, “they fail miserably at helping you achieve this important objective,” Cramer said.
Here’s why…
DetailsMichael Lewis: The Stock Market is Rigged
Michael Lewis, author of “Flash Boys: A Wall Street Revolt,” explains that High Frequency Traders (HFTs) are in effect stealing from individual investors, pension funds and literally anyone else who ever buys or sells a stock.The HFTs using high speed computer algorithms, fiber wire and other terrifying stuff to pervert the otherwise level playing field on Wall Street. How do they do it? In effect they
DetailsCan Liquid Sun-Gas And Clean Energy Independence Save Your Retirement?
Creating Fuel From Sunlight
It has been reported that there is a new Liquid ‘SunGas’ from Sunshine, Water & CO2 and that the U.S. Department of Energy may potentially enact a massive rollout of this new liquid gas which is 20-times more powerful than natural gas … yet cuts greenhouse pollution by 20% has full potential to power the entire continent.
If this is indeed true this breakthrough fuel could reduce or even eliminate dangerous fracking in our backyards. It has been touted by James Di Georgia of Uncommon Wisdom Daily and inspired quotes such as the following:
DetailsGold Imports by Country 2013-2014 (CHART)
Copyright Casey Research 2013, Sources: World Gold Council
Turkey added 13 tonnes (417,959 troy ounces) of gold in November 2013. Overall, it has added 143.6 tonnes (4,616,847 troy ounces) so far this year, up 22.5% from a year ago, in part thanks to the adoption of a new policy to accept gold in its reserve requirements from commercial banks.
Russia bought 19.1 tonnes (614,079 troy ounces) in July and August alone. With the year-to-date addition of
DetailsHow to Rescue your Retirement at 55 with Gold and Silver
The typical American household in the 55-64 age range has not saved up enough money to retire. Experts call this a dire situation, but as Elizabeth MacBride reports, there are some steps to take to make substantial additions to your savings.
Tips to Rescue Your Retirement..
DetailsEl-Erian Overweight on Stocks: QE trade getting old
PIMCO CEO & co-CIO Mohamed El-Erian shares his market concerns heading into 2014 and why he believes it is time to sell stocks now.
U.S. equities face an ironic headwind that will lead them to underperform their global peers next
DetailsChinese Sell Off Second-Largest Amount of US Treasurys Ever in December: Belgium Comes to the Rescue
In December of 2013, the Chinese government offloaded $48 billion in paper bringing its total to $1268.9 billion, the second largest dump in China Treasury Holdings (with the sole exception of December 2011). During this time Chinese FX reserves spiked to all time highs when China had a large amount of cash not invested in US paper. The signals China is sending to the world speaks volumes on the
DetailsTime to Get Out of Bitcoin Now?
Bitcoin prices are plunging after the Mt. Gox exchange went offline and closed all transactions. CNBC’s Mary Thompson details the problems plaguing bitcoin.
Mt. Gox, one of the currency’s biggest exchanges, just went offline and took hundreds of millions of USD worth Bitcoin equity with it. Mt. Gox had claimed in the past that it handled about 80% of all global trades for BTC/USD. Issued a statement? Planned downtime? Nope, neither. It just
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Warm winter weekend
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