Last week’s highlight: Gold had a violent correction towards the end of the week, following Robert Zoellick’s comments that gold may find it’s way back into the monetary system. This is quite normal and extreme volatility should be expected going forward. The volatility axiomatically goes with bull markets. Just don’t chase gold. If you buy [...]
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Monthly Archives: November 2010
Quantitative Easing Explained
Well, you’ve heard the term Quantitative Easing all over the financial media the last few weeks. Still a little unclear on the Quantitative Easing really means? The following 6-7 minute video does a good job explaining…
Guest Post: Young Stars and Their Cars
YOUNG STARS AND THEIR CARS This following Guest post by Andreas from Money Supermarket For us mere members of the public buying your first car is something that we will look back on for years to come, and probably with some level of laughter and embarrassment; but not for celebrities! Celebrities are well known for [...]
World Bank President Says Gold Has Role In Next Monetary System
When I suggested owning gold a few years ago because gold would one day be back in the system (as described below) people thought I’d lost my mind. It’s easy to understand as we haven’t seen gold in today’s monetary system. Those who ignore and criticize gold, just because they don’t understand it are missing [...]
Weekend Reading List
The Big News of the week was Quantitative Easing 2 (QE2). In short, QE2 is designed to get the banks lending again, in order to stimulate the economy. Are there risks? Of course. The major risk is this: Whowill eventually buy the bonds back from the Fed? A bit confusing isn’t it? Well, don’t worry, [...]
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