Ever look around the office and wonder if your colleagues make more money than you? What about the competition next door -- are those employees bringing home...[more than you for comparable work]? Instead of wondering if the grass is greener and the paycheques are bigger...[elsewhere], maybe it's time to find out if you're underpaid. With a large number of online salary tools available -- and a little leg work -- you could land a pay raise or a better paying job before the new year. [Here's how.] Words: 897
Read More »Jeffrey Nichols: Gold to Reach $1,850 – Perhaps Even $1,923 – by Early 2012!
Many market participants are wondering why [gold] is not responding more positively to Europe's never-ending sovereign debt crisis and other worrisome economic and political developments around the world...Technical analysts say that gold must build more support in the $1,750 to $1,800 an ounce range before it can muster enough strength to sustain a meaningful and lasting rally. Sooner or later, [however,] thanks to a continuously improving fundamental picture, gold will register a sustainable advance above $1,800 an ounce, possibly never again to see prices below this level. [Let me explain why I believe strongly that that is the case.] Words: 800
Read More »munKNEE.com's Most Read Articles Week-ending November 26th, 2011
You probably don't have enough time during the past week much to surf the internet in search of informative and well-written articles on the health of the economies of the U.S., Canada and Europe; the on-going development of the world's financial crisis and the various investment opportunities that present themselves related to commodities (gold and silver in particular) and the stock market - but don't worry! - I have done it for you
Read More »Markets are Living in Fear and Pessimism but Time May Be On Our Side – Here's Why
Comparing the level of the Vix Index of implied equity volatility to the level of the 10-yr Treasury yield is a handy way of gauging how extreme market sentiment is. The Vix index is a good proxy for fear (because the implied volatility of options determines how expensive it is to purchase options in order to limit one's downside risk), and the 10-yr Treasury yield is a good proxy for the market's long-term outlook for growth and inflation. When you combine a high level of the Vix with a low level of the 10-yr, you have a market that is not only very fearful but also very pessimistic about the future. [IMO, however, we may well have time on our side. Here's what I mean by that.] Words: 730
Read More »Despite the Risks Professional Investors are Aggressively Pursuing Profits – Here’s Where (+2K Views)
A recent survey conducted by Information Management Network (IMN), global organizers of institutional finance and investment conferences, showed that, while 93.3% of respondents believe market volatility will remain the same or increase in 2012, 87% cited a consistent or increased risk appetite in the next six to 12 months with 62% investing in a variety of alternative assets. Read on for more survey findings. Words: 401
Read More »Americans & Canadians Not Included in Top 10 of Nationalities With Highest Average Wealth per Adult – Here's Who Is
Believe it or not but according to research undertaken by Credit Suisse, a major global private banking, investment banking and asset management company, the top 10 countries with the highest average wealth per adult in 2011 DO NOT include the U.S. or Canada but DO include Belgium, whose credit rating has just been downgraded by Standard & Poors, and Italy, which is on the verge of being bankrupt. Below is a list of the 10 countries whose citizens are the richest. Words: 1095
Read More »The Case for $1,390 Gold Soon – and $1,000 Gold Later
The chief economist at HSBC Bank, Robin Bew, suggests that the price of gold will correct down to $1,390/ozt by the end of 2012 and to $1,000 per troy ounce by 2013. [Let's examine Bew's views more closely.] Words: 731
Read More »Where are We Now in the Bull Market in Gold – and How Many Years/Months are Left?
Gold is in a bull market and, [believe it or not,] so are the gold stocks despite their struggle as a group to outperform gold... but [neither] is anywhere close to a bubble, nor the speculative zeal we saw in 2006-2007. Thus, it begs the question" "What lies ahead and when can we expect the initial stages of a bubble?" To figure this out we first need to get an idea of how long the bull market will last and then where we are now based on various indice analyses. [Below I do just that.] Words: 785
Read More »News Flash! OECD: Decisive Action Required Quickly to Avoid Massive Economic Disruption, a Credit Crunch and a Global Recession
Decisive policies must be urgently put in place to stop the euro area sovereign debt crisis from spreading and to put weakening global activity back on track. [If not we can expect to see a] massive escalation in economic disruption, an increase in the risk of a credit crunch [and] the global economy tipping into a recession. Words: 834
Read More »Canadian Government Claims "All's Well" at Home but Calls Europe's Debt Woes "Dire"
In a speech to the Canadian Club in Toronto this past week Canada's Finance Minister Jim Flaherty urged European leaders to find a solution to their debt crisis as it has spread beyond the eurozone and into credit markets worldwide creating a "dire and pressing problem" that threatens the rest of the world with possible "social unrest and instability". Words: 870
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