Monday, March 7, 2011

Euro Still on the Up : Jonathan Cavenagh,

Mar. 6 2011 | The Euro-Dollar is likely to push through the 1.40 level in the near-term says Jonathan Cavenagh, senior FX strategist at Westpac Bank.

Time to Short Equities?

Mar. 7 2011 | Tres Knippa, Lotusbrokerage.com, discusses whether you should short or long stocks.

Gold and Silver legal Tender in Utah

Utah took its first step Friday toward bringing back the gold standard when the state House passed a bill that would recognize gold and silver coins issued by the federal government as legal currency.



The House voted 47-26 in favor of the legislation that would also exempt the sale of gold from the state capital gains tax and calls for a committee to study alternative currencies for the state.

The legislation now heads to the state Senate, where a vote is expected next week.

Under the bill, the coins would not replace the current paper currency but would be used and accepted voluntarily as an alternative.

CASH IS TRASH!
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