Sunday, November 21, 2010

Asian Stocks Higher on Ireland Bailout

Asian stocks rose on Monday on news of Ireland's package of loans from the EU and IMF, but caution prevailed as investors eyed market reaction to China's latest moves to tackle its inflation.

The FTSE CNBC Asia 100 Index [.FTFCNBCA 6727.37 29.51 (+0.44%)] was up half a percent.

Japan's shares hit a fresh five-month intraday high, after having risen last week on the back of short-covering and year-end portfolio tweaking by overseas investors.  http://www.cnbc.com/id/40305512

Tuesday, November 9, 2010

Fed Will 'Self Destruct,' Policy 'Deeply Flawed': Ron Paul

Roubini: Here's Why a Gold Standard Won't Work

A fixed exchange regime, even if it is not a gold standard… That world just doesn't work. Because in that world, monetary policy by definition instead of being countercyclical becomes procyclical http://www.cnbc.com/id/40088925

iShares Silver Trust (SLV) option play worth watching IMHO

Fund Summary 
The objective of the investment is to reflect the price of silver owned by the trust less the trust's expenses and liabilities. The fund is intended to constitute a simple and cost-effective means of making an investment similar to an investment in silver. Although the fund is not the exact equivalent of an investment in silver, they provide investors with an alternative that allows a level of participation in the silver market through the securities market.
iShares Silver Trust Phone: 800-474-2737

Monday, November 8, 2010

Fed Action Gets an Unexpected Endorsement From India


When the United States Federal Reserve announced last week that it would buy $600 billion in Treasury bonds to help bolster the economy, it quickly came under attack from Germany, Brazil and China, which said America was trying to devalue the dollar to the detriment of other nations’ exports. http://www.cnbc.com/id/40079208