Tuesday, June 9, 2009

Gold Market Rally may be ending soon experts say

Gold prices rising tendencies may be at an end some Wall Street experts say due to the fact that banks are more reluctant to issue any more loans and the fact that unemployment is rising at a high scale ..Gold price has rallied 8.7 percent this year on fear of hyper inflation and the search of an alternative reserve to the dollar bill as a reserve currency ..experts like Jim Rogers and Marv Faber say they will continue to buy gold and commodities whether the economy grows or declines because in both cases gold silver precious metals raw materials natural resources and commodities in general are the best place to be Marc Faber said last month that US economy will become like that of Zimbabwe ...World gold mine production in 2009 is expected to increase by 20 tons to 30 tons from 2,416 metric tons last year, thanks to growth in the mines in Asia, Australia and west Africa,

Free Credit Card Tracking tool By Credit Karma

Credit Karma Inc., the Web site that offers free credit scores and financial advice to U.S. consumers, is adding a tool today to help users understand the components behind their credit reports.

The free service requires users to register and give personal information such as their Social Security number and date of birth. Users of the “Credit Report Card” will be able to see how their total debt, payment history and other factors may affect their scores.

“Ninety-five percent of consumers don’t know any of these relationships and how they work in regards to a credit report,” said Ken Lin, the chief executive officer and founder of San Francisco-based Credit Karma, in an interview. “If you’ve ever looked at a credit report you’ve got 8 to 12 pages of data that doesn’t correlate to a credit score.”

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Gold and Silver trading june 08 2009 : Bob Chapman

preciouse metals rally halts for a while , Silver is down platinum , uranium is down too , China playing tough and starting to ask Renmenbi Yuan Bonds , because she does not want to take in any US doillar treasury bonds , hyperinflation scenarion on the horizon , the system is starting to break down according to Bob Chapman
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