Gold Attracts Government Buyers, May Indicate a Bottom
Gold has recently dropped from its highs of over $1,800 but it’s still had one heck of a year, up 23% thus far.
October 2011
Can China Save Europe?
Now that Europe has decided to expand its emergency fund, China is paying a well-timed visit with them to see how they can use their enormous surpluses to help prop up a country or two. Maybe a few banks here or there or, the likeliest candidate, the emergency fund itself.
Chevron More Than Doubles Its Profits
Chevron is increasing its production faster than its peers. It’s one of the lowest-cost producers among the Big Oil companies. And it has a slew of new projects about to come online, from the Gulf of Mexico to Kazakhstan.
Sipping Profit from the World’s Most Popular Stimulant
Americans love their coffee. So, tell me, how much better would your next cup of Java taste if you knew you were making 30% off the very coffee beans used to brew your cup?
Canadian Economist Says Weak US Economy Will Slide Into Recession Next Year
The US economy is following a script economists have been touting since Spring, when it became apparent that the economy was performing weaker than expected…Weak first half of the year, following by a stronger second half.
Boeing Beats Profits. Future Still Cloudy
A confession…I used to like Boeing for its long-term prospects. Countries stepping into the 21st Century with a burgeoning middle class – like those from Latin America, central Europe and Asia – typically take huge jumps in air travel.
Companies Caught In Vice-Grip of US’s Failure to Recover and China’s Economic Slowdown
This Canadian lumber company is caught between a soft US housing market and a plunge in housing sales in China. So far it’s been limited to China’s biggest cities.
White House Tries Again to Help Underwater Homeowners
I’m not sure what took the White House so long to try to help out our millions of underwater homeowners. But I think the upcoming election has something to do with it.
