Help on black wednesday?
can u explain 'black wednesday' as in to a layman?what the ERM is and how soros gain from it..
thanks contained by advance
Answers: The European parliament decided to rob the "pound" out of circulation. Therefore, making the pound worthless. The stock market be filled beside that currency and the market tanked. Soros predicted this and hence was "short" the bazaar. He bet the market would be in motion down and he was right.
How I can buy silver or gold ingots surrounded by Bend, Oregón?
In which place I can buy gold or silver?Answers: Not purely in Bend, but everywhere you can stir to the local jeweler. I did not say a jewelery store. You stipulation to go to a store that might market jewelery but make sure that they own a jeweler and actually do repairs and clear jewelery right there and not transport it out, they can and will sell you amounts that you want or have need of for larger amounts you may have to charge it and pick it up when it comes in.
Note; It appears that I hold answered a question that you asked but I thought that you have intentions of making jewelery and selling the items that you made. Frankly I think that gold ingots and silver can be a very well-mannered investment but I would never buy certificates. If I be buying I would buy raw and put it into my safekeeping deposit box, I know that the others would not agree with me but do you remember Enron it be supposed to be one of the best stocks listed and everyone be going to make a million dollars out of it, sorry once bit twice shy
Go to the site below set up a free rationalization. Then once your account is set up it costs you in the order of $4 dollars to buy it. When the site asks you to type in the name/symbol of the stock you want to buy type contained by GLD which obviously stands for gold ingots.
I think you are on the right track. I am buying gold ingots on tuesday again. I bought gld at $84.16 a share and right now as I type this to you its at $90.30 a share.
Here is another factor of why they say aloud gold is going up. I cut and paste this from sharebuilder.com web site.
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Gold sets contemporary record as South African miners halt operation
By Polya Lesova, MarketWatch
Last Update: 4:22 PM ET Jan 25, 2008
NEW YORK (MarketWatch) -- Gold and platinum futures soared to new diary highs on Friday after severe power shortages forced focal mining companies to shut down their operations surrounded by South Africa, the world's second-largest gold producer and biggest platinum producer.
Gold for February nativity rallied as soaring as $924.30 an ounce in electronic trading on the New York Mercantile Exchange impulsive Friday, hitting a new register high.
February gold ingots rose $4.90 to end at $910.70 an ounce on Nymex, as the organize lost some steam later within the session. Still, the gold contract gain $29 on the week from last Friday's closing stratum of $881.70.
"The news out of South Africa is incredibly significant," said Kevin Kerr, president of Kerrtrade.com and editor of Dow Jones MarketWatch's Global Resources Trader.
"Every supply line for gold ingots is imperative and now this report will likely set up gold ingots to trade $1000 in completely short order," Kerr said.
Platinum for April distribution jumped as illustrious as $1,694.90, a new transcript. Platinum rallied $67.10, or over 4%, to close at $1,680.10 an ounce.
"Power is the life blood of these underground operation and is essential for both hoisting men and ores as well as providing passable cooling at these extreme depths... and cooling is something the gold bazaar desperately needs - contained by all manners of speaking," said Ross Norman, managing director of Fast Markets surrounded by London.
South Africa's leading miners, including Gold Fields Ltd. (GFI) and AngloGold Ashanti (AU), halt operations on Friday after the companies agreed to curtail use of electricity as the state-run utility Eskom struggles to generate plenty power to meet the country's requests. Read more.
Go to :
low-cost-stock-recommendations
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Click on the "Interesting Investment Strategies" Button near the bottom of the Navigation Bar
There is a program near called "Silver Snowball". I read in the order of it and was extremely intrigued. However, I am not a precious metals bug, so I decided not to do it.
If you are interested within silver or gold, check this out.
You can break open an free Marketiva forex \gold\fund\indexs online trading account , beside $5 reward and $20000 virtrual fund for practice .Just click the following link to expand an account.
http://www-forex.spaces.live.com
Anyone use eTrade for CDs?
I want to stash away some money I ran into. I shock spending it, ($5000 dollars) so I'm going to put it in a 3-month disc and see how that goes for in a minute. I was looking at eTrade and their rates are better than my primary wall (Chase).Has anyone here done their CDs through eTrade? If so, were within any glitches or traps that I might want to look out for? How did it go? Were you bullish with their service? Is within any other info. you might want to share? Thanks in finance.
Answers: I have used etrade for cds, and hold some cds in in attendance now.
Here are a couple things to consider earlier using them:
- they are in difficulty of going bankrupt - even if they do you will be capable of get your money out, but it may filch a while or be difficult
- it is difficult to close out of the cd - with ING Direct this is a exceedingly easy mission and can be done on the web, but beside eTrade every time I've wanted to close a cd i've have to call them up and done it over the phone - palpably much less convenient.
- distinctly don't put more than $100k in their bank account surrounded by cds - the FDIC only insures up to $100k per explanation
Other than these things, I can't think of any other negative. I've noticed that they've have higher rates than most other places, too.