Gold has busted up on the open to take out the $1300 resistance. This article explains the reasoning for that move, why it is so pivotal in nature and what to expect in gold pricing action over the short term.
Read More »Good Luck Growing Your Nest Egg! The Best and Worst Savings Account Rates By State
Good luck growing your nest egg with the rates the average savings account pays in America! Below is a savings account rate heat map state-by-state.
Read More »Satire At Its Best: America vs. Canada on Greed & Their Respective Banking Systems
In this irreverent clip - satire at its best - Jason Jones from Daily Show teaches regulation-loving Canadian bankers the advantages of harmless American free-market fun or, more accurately, highlights the differences between the American and Canadian banking systems and their respective perceptions on the meaning of the word "greed". Enjoy!
Read More »Don’t Bail Out of Stocks & Pile Into Cash – Here’s Why
Don't give in to your flight instinct in response to the latest stock market volatility. Running for cover in cash right now promises to be the worst possible move. I know, I know. Cash is supposed to be the ultimate safe haven. A riskless investment, if you will but, in truth, cash is the proverbial "Death Star". [Let me explain why and show you some irrefutable proof.] Words: 544; Charts: 3
Read More »Canadians: Watch Out for Fake $100 Bills! Here’s How (+2K Views)
Better safe than sorry, right? Whenever you’re receiving a bill...make sure to check whether it’s fake or not. If you think it’s fake, don’t accept the bill and ask for another one. Check that one too. Here's how.
Read More »Does Behavior of “We the People” Suggest Central Bankers Have Gone Too Far? (+2K Views)
Central bankers have concluded that the scale of monetary easing they have taken over the past few years should be magnified - that more easing is required to get things rolling - but could it be that central planning has gone too far or, at least, reached its boundaries? Disposable income in real terms per person and savings rate of individuals could be reliable indicators that such is the case. Let me explain.
Read More »Can Bank Deposit Confiscation Happen Here?
The following is a 'to be forewarned is to be forearmed' commentary. Should those with bank deposits in the...European Union be concerned about the possibility of a 'Cyprus event' coming 'soon to their neighbourhood'?...What about bank deposit confiscation in Canada?...[T]his is something to...consider and 'think about'.
Read More »May 10th Market Intelligence Report from munKNEE.com – Where Knowledge = Money
There is no need to spend time searching the internet looking for articles worth reading. We do it for you and bring them to you each day on this the “internet’s most unique site for financial articles” and in our newsletter, the “Intelligence Report” (Sign up here – it’s free).
Read More »Investors Beware: Armageddon Lies Ahead for Municipal Bond Holders!
The Securities and Exchange Commission is worried that municipal bankruptcies, combined with an expected spike in interest rates, means that the muni bond market could face "Armageddon" with devastating consequences for the individual investors (74% of the total) who hold the paper of which many are retirees. Words: 490
Read More »What Could Dropping Consumer Debt Mean for the S&P 500?
In the third quarter 2007 the American consumer was way out of shape when it came to the percentage of debt payments to disposable income, hitting a 30-year high at 14%... Today the ratio is nearing 30-year lows! Could this be good news for the markets???
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