December 29, 2009 · 7 comments
in GoldMoney, USD, commodities, gold, hedging, international stock market, investing, market trends, metals, mining, precious metals, stocks, wealth protection
As I write this in late December 2009, gold sits at “only”! $1104/oz., when just about two weeks ago it was at its all-time secular high north of $1200. Many correctly called what seemed to be, at least in the short-term, a “gold bubble.”
But I don’t think it’s wise to write gold off completely. Gold [...]
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December 28, 2009 · 3 comments
in Canadian, Canadian economy, S&P/TSX, TSX, commodities, energy, income trusts, investing, oil, resources, stock picks, stocks
Suncor (TSX: SU) and Canadian Oil Sands Trust (COS.UN) are two of the biggest oil plays in Canada as well as the top go-to stocks in their sector. But since they both offer heavy exposure to the oil sands, how do you choose between them? Which is the better investment, Suncor, or Canadian Oil Sands, [...]
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December 23, 2009
in Federal Reserve, US economy, USD, central banks, financial planning, government, inflation, interest rates, money supply, stimulus
With long-term U.S. bond yields rising and much of the recovery seemingly in place, analysts are increasingly wondering when the U.S. Federal Reserve (the Fed) will begin to implement its quantitative easing exit strategy and start raising interest rates.
Currently the Fed baseline interest rate fluctuates between zero (0) and 0.25%and has done so since late [...]
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The Santa Claus Rally is the historic seasonality that occurs in the stock markets around Christmas and New Years. From about the 8th last trading day in December through the first three trading days in January, there has traditionally been fairly reliable upward swings in the markets, usually delivering positive returns.
According to Martin Roberge of [...]
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In the days leading up to Christmas, and various other times throughout the year, stock market trading thins considerably. Trading volume levels decrease as stock exchanges close early and many institutions are simply happy to hold onto their positions and wait out the end of the year with their gains.
Lower trading volumes mean less liquidity [...]
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December 21, 2009 · 4 comments
in December, Financial New Year, discipline, estates, finances, financial planning, goals, holidays, lifestyle design, money decisions, networth, portfolio, wealth protection, wealthbuilding
It’s a good time to draw up some financial New Year’s resolutions if you haven’t yet. Sure – don’t call them New Year’s resolutions if you don’t want to – it’s a financial plan for 2010 that I’m really talking about.
Although we are still in the thick of the holiday season, take a quiet day [...]
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Need ideas for stocking stuffers? Want to give a gift that helps others, too? How about some prepaid Visa debit cards that will also benefit the Breast Cancer Foundation?
ACE Cash Express and NetSpend have teamed up and donated $46,000 to the National Breast Cancer Foundation (NBCF) through an issue of pink prepaid Visa debit cards [...]
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