Monday, September 28, 2009

China is stocking up in Gold and Silver , Gold soon at $1200 oz

Frank Holmes, CEO of U.S. Global Investors, argues that gold demand in China will stay strong, buoying precious metal prices. He also reveals his top stock picks.Gold outperforming stocks , the dollar is falling gold prices will shoot to the roof and may reach $1200 an ounce ...

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Saturday, September 26, 2009

Currency Trading by Individual Investors on the Rise

from the WSJ :

Small Investors Make Big Bets on Currencies


The dollar is zigzagging, falling below the 90 yen mark Friday and testing the depths it plumbed against the euro a year ago. That kind of action is music to the ears of investors such as Ray Firetag.

As most of America slept on a recent Monday night, Mr. Firetag was in front of his computer in Elk Grove, Calif., wagering on the Australian dollar.

Gold, silver and oil had slipped, and trading in Asian stocks had been weak. The 43-year-old speculator figured the Australian dollar, strongly tied to commodities, would spurt higher against the Japanese yen
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Thursday, September 24, 2009

Housing market still fragile Bloomber 24 Sept 2009

Sector to Watch - Housing

Existing Home Sales Fall Unexpectedly - NAR Chief Economist Lawrence Yun Says Sales are Disappointing, Housing Market However Will Stabilize (Bloomberg News)




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