Reverse mortgages pros and cons
We're talking reverse mortgage. CNN's Betty Nguyen talks with our housing specialist about this type of loan.
• Money and Main Street
Saturday, August 29, 2009
Rouble stability a key for companies posting 1H results
This week has seen a range of companies posting 1H and 2Q earnings results under global standards. A key factor coming through in all has been the effect of Rouble volatility.
The Russian Rouble has held relatively steadily at about 30.50 to 32 to the US dollar for about 3 months. That’s in marked contrast to the last year which has seen the Russian currency as strong as 23.15 to the dollar in august 2008, and as low as 36 to the dollar in February this year.
Managing that 30% fluctuation hasn’t been easy and this weeks postings are showing three key impacts.
Exporters – oil, gas, and metals, for example – see a weaker Rouble as a good thing. It makes their products more competitive abroad, and reduces their production costs in relation to their end product pricing.
U.S. Stock Market Plunges 28 Aug 2009
Stocks fall as investors unload some of the shares that they buy to protect their portfolios. (Taking Stock)
Category: News & Politics
Tags:
U.S. Global Investors, Inc. (NYSE Amex: GROW), NovaGold Resources Inc. (NYSE Amex: NG), Underworld Resources (TSX-V: UW), Esperanza Silver Corporation (TSX-V: EPZ), Harmony Gold Mining Company Limited (NYSE Amex: HMY), Gandolfo & Associates, Gold Newsletter, Golden Predator Royalty & Development Corp. (TSX-V: GPD), Hunter Dickinson, Inter-Citic Minerals Inc. (TSX: ICI), Keegan Resources Inc. (TSX: KGN) (NYSE Amex: KGN), Linear Gold Corp. (TSX: LRR), Mantra Mining Inc. (TSX-V: MAN), Merk Mutual Funds (NASDAQ: MEAFX) (NASDAQ: MERKX), Natcore Technology, Inc. (TSX-V: NXT), New Pacific Metals Corp. (TSX-V: NUX), Romarco Minerals Inc. (TSX-V: R), Silvercorp Metals Inc. (NYSE Amex: SVM), Ur-Energy (TSX: URE) (NYSE Amex: URG), Wits Gold (TSX: WGR) and Wealth Research Institute.
NYSE:MRK NYSE:LLY NYSE:ABT NYSE:BMY NYSE:T NYSE:Q NYSE:VZ NYSE:S NASDAQ:INTC NYSE:MU NASDAQ:DELL Business Economy Stock Market Pharma Technology Telecom Consumer Electronics
Category: News & Politics
Tags:
U.S. Global Investors, Inc. (NYSE Amex: GROW), NovaGold Resources Inc. (NYSE Amex: NG), Underworld Resources (TSX-V: UW), Esperanza Silver Corporation (TSX-V: EPZ), Harmony Gold Mining Company Limited (NYSE Amex: HMY), Gandolfo & Associates, Gold Newsletter, Golden Predator Royalty & Development Corp. (TSX-V: GPD), Hunter Dickinson, Inter-Citic Minerals Inc. (TSX: ICI), Keegan Resources Inc. (TSX: KGN) (NYSE Amex: KGN), Linear Gold Corp. (TSX: LRR), Mantra Mining Inc. (TSX-V: MAN), Merk Mutual Funds (NASDAQ: MEAFX) (NASDAQ: MERKX), Natcore Technology, Inc. (TSX-V: NXT), New Pacific Metals Corp. (TSX-V: NUX), Romarco Minerals Inc. (TSX-V: R), Silvercorp Metals Inc. (NYSE Amex: SVM), Ur-Energy (TSX: URE) (NYSE Amex: URG), Wits Gold (TSX: WGR) and Wealth Research Institute.
NYSE:MRK NYSE:LLY NYSE:ABT NYSE:BMY NYSE:T NYSE:Q NYSE:VZ NYSE:S NASDAQ:INTC NYSE:MU NASDAQ:DELL Business Economy Stock Market Pharma Technology Telecom Consumer Electronics
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