by agm | Sep 15, 2011 | news
How’s this for an investment opportunity: a guaranteed yield of 3.27 percent, with an enormous potential downside. As risky as that sounds, millions of investors are moving money into Treasury bonds as a “safe haven.” In early September, the yield on...
by agm | Sep 14, 2011 | news
What’s the best way to get our economy back on track and put people back to work? Declare a national Chapter 11 bankruptcy, writes Brett Arends at MarketWatch. The idea isn’t as half-baked as you might think. Tens of millions of homeowners could default on...
by agm | Sep 9, 2011 | news
The Dow plunged more than 300 points Friday as fears of a Greek default gripped the market, sending investors to the sidelines. The Dow Jones Industrial Average ($INDU) was down 334 points, or 3%, at 10,960. The S&P 500 ($INX) was down 35 points, or 2.9%, at...
by agm | Sep 6, 2011 | news
Gold’s rally above $1,900 an ounce shows no signs of a “bubble” as central banks continue to boost money supply that has helped spur bullion to a record, according to investor Marc Faber. “I don’t think that gold is in a bubble,” Faber, publisher of the Gloom, Boom...