Money

Monday, March 21, 2011

FX360 - One of the Best Forex Tips That People Have Never Heard Of

FX360 - One of the Best Forex Tips That People Have Never Heard Of

Forex trading doesn’t exist in a vacuum. Every decision you make is influenced by what’s going on in the world. After all, when you’re dealing in the world’s currencies, you have to keep tabs on events that can change the value of them!

There are plenty of tips out there. However, if you’re really looking for a source that will give you the best forex information, head to FX360 – a forex news website. That’s where you can find news updates and commentaries about the latest forex developments. Plus, the site even has a list of important world events – and how those events may impact currency rates!

If you really want to be successful in the forex world, you will have to keep up with current events. By having everything you need to know right on one website, you can work more efficiently – and devote more of your time to making money!

Saturday, March 5, 2011

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Wednesday, December 1, 2010

Gold, Silver and the Fear Factor - CNBC

Gold [GCC1 1388.4

3.40 (+0.25%)

] and silver [SIC1 28.455

0.27 (+0.96%)

]continue to confound the naysayers, moving higher along with the U.S. dollar as investors flock to so-called safe haven investments.

Taking the pulse of the market, the overriding theme is fear of the crisis in Europe—here is some of the commentary:

Citing concerns about sovereign risk in Europe and the stand-off in Korea, Rohit Savant, Sr. Commodity Analyst at CPM Group says investors are buying "gold, silver, platinum in that order". And while there might be some profit taking into a rally, he says investors see sell-offs as buying opportunities.

Wednesday, November 24, 2010

Americans Are Horribly Misinformed About Who Has Money

Americans have a really distorted view of how wealth is distributed in this country.

This chart is from a paper called "Building a Better America One Wealth Quintile at a Time" by Dan Ariely and Michael I. Norton.

The top row shows the actual distribution of wealth in America. The richest 20 percent, represented by that blue line, has about 85 percent of the wealth. The next richest 20 percent, represented by that red line, has about 10 percent of the wealth. And the remaining three-fifths of America shares a tiny sliver of the country's wealth.

Below that, the "Estimated" rows show how different groups think wealth is distributed. As you can see, in people's misinformed minds things are much more equitable.

http://www.good.is/post/americans-are-horribly-misinformed-about-who-has-money/