Investing
Ladies and Gentlemen, Here’s the $1,000 Gold!
Just when you think the stock markets might have turned the corner (stocks gained the most in five years on Tuesday and S&P issued a statement yesterday saying the end is near for subprime related writedowns), another bomb dropped on the Wall Street today: Bear Stearns, one iconic company on the Street, needs [...]
Stocks Gained Most in Five Years!
Haven’t seen rally like this for quite a while. Actually, the last time it happened was more than five years ago.
US stocks surged Tuesday after the Fed, in a coordinated action with other central banks, said it will pump $200 billion into the financial market to ease credit fears. Stock index futures jumped when the [...]
Jonathan Clements’ Rules of “Getting Going”
Jonathan Clements, who writes the Getting Going column on The Wall Street Journal, recently celebrated his 1000th column. In his milestone piece, Mr. Clements reflected his journey of the past 1o years for writing the Getting Going and summarized what he has observed from the developments in the financial industry in the past decade.
According to [...]
Platinum is Surging, but Why no Platinum ETF?
Gold isn’t the only hot precious metal in town these days.
Spot silver surpassed the psychological $20 an ounce today to its highest level since October 17, 1980. Currently, silver is traded at $20.80/ounce (Kitco.com). So far this year, silver has gained more than 39%.
Then, there’s platinum which is also on fire since the beginning of [...]
Visa IPO, Euro/Dollar and Good, all the Records
In case you didn’t hear the news, Visa Inc., the largest credit card network, is preparing to go public next month under symbol V. According to terms filed with SEC, Visa plans to sell 406 million common shares in its IPO, plus additional 40.6 million shares that will be available for underwriters, priced at between [...]
