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Recent Posts
- Crude Oil might touch $98-$100 again February 5, 2012On the New York Mercantile Exchange, light sweet crude futures for March settlement traded at USD96.08 a barrel during early U.S. trade falling 0.28%. Weakness in the U.S. dollar helped depress crude oil prices. The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, gave back 0.06% … Continue reading » […]
- Where Gold comes from and where it goes January 28, 2012This great graphic on gold production and usage came from Trustable Gold, a company that provides information on purchasing gold by comparing the different investment opportunities. […]
- Letter from a Hedge Fund to its client on how the world financial markets could be in 2012 January 21, 2012Dear Investors, When written in Chinese the word “crisis” is composed of two characters. One represents “danger”, and the other represents “opportunity”. This is the most accurate way I can express my thoughts and feelings about the coming year in the commodities markets. Volatile, unpredictable yet scattered with times of great opportunity. The prophecy of […]
- Get five times return on Greek bonds..or wait, are yields meaningless now? January 19, 2012Yields of 1 Yr Greek bonds is now above 400% which means if you invest in Greek bonds now, you will get five times your money next year. But, even at such high yields, there are more sellers of the Greek bonds than the buyers today. That means investors are almost certain that Greek wouldn’t … Continue reading » […]
- Economic affairs around the world January 10, 2012Mahindra & Mahindra has launched a US television campaign to publicise its claim to be the world’s largest tractor maker by volume – a milestone for the Indian industrial conglomerate – overtaking John Deere,http://ftalphaville.ft.com/thecut/2012/01/09/824351/mahindra-hits-milest… Royal Bank of Scotland is determined to press ahead with plans to pay out […]
- European Economy contracts for fifth month continuously January 2, 2012Europe is falling into recession and it is evident from every new data release that comes up. Following today’s release of European manufacturing PMI data we are sadly no closer to getting any resolution on which way the great US-European divergence will compress. Because all we learned is that, very much as expected, Europe managed … Continue reading » […]
- 50 Bizarre Economic facts about US December 16, 2011The following are 50 economic numbers from 2011 that are almost too crazy to believe…. #1 A staggering 48 percent of all Americans are either considered to be "low income" or are living in poverty. #2 Approximately 57 percent of all children in the United States are living in homes that are either considered … Continue reading » […]
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Name: Hitesh