Wealth=Wise(Investments+Strategies)

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Because oil will spike $200 a barrel soon : New ’super-spike’ might mean $200 a barrel oil Goldman’s projections foretell persistent turbulence in energy prices.

Picture Courtesy of hubpages.com

With the dollar’s fall continuing and financial markets roiled by the credit crunch, commodities like oil have been drawing the fancy of increasing numbers of investors. Accordingly, Wall Street firms have been eager to adjust forecasts to incorporate fresh data on the global economy and energy supplies.

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Tags: Investment:Gold by Jamy
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For anyone of my readers who do not understand why I believe that gold is a better monetary standard than our present paper standard, this video does a wonderfully explanation of why ? how ? and what ?

This video has been dug 3686 times in digg.com and I am very delighted that with the continuing economics downturn in this country, more and more main stream investors are seeing gold as a must in their asset allocation sooner than they have thought.

Tags: Investment:Gold by Jamy
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Gold Tumbles as Fed Cuts U.S. Interest Rate Less Than Expected By Pham-Duy Nguyen

March 18 (Bloomberg) — Gold futures tumbled as much as 2.7 percent after the Federal Reserve lowered U.S. interest rates less than some investors anticipated, bolstering the dollar and reducing the appeal of the precious metal.

The Fed cut its benchmark overnight-lending rate by 0.75 percentage point to 2.25 percent. Before the announcement, gold rallied 39 percent since mid-September after five rate reductions sent the dollar tumbling. The euro climbed to a record yesterday versus the dollar, and gold reached $1,033.90, the highest ever.

Picture Source : here.

Tags: Investment:Gold by Jamy
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Bear Stearns collapse !

What do these 3 men think they will rescue the economy ? Dream on, you better buy gold to protect yourself and your family. If I were them, I won’t even smile.

Picture source : here.
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Tags: Investment:Gold by Jamy
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Jason Hommel did a very powerful post on Are you smart enough to do compound interest ?

Picture Source :universitycu.org

He was reading an article from an old newspaper that

only 80% of people could calculate that 10% of 1000 was 100. Wow. There are some real dummies out there if 1 in 5 can’t figure that out. How do waitresses survive if 1/5th of their customers can’t figure out how to tip 15-20%? Maybe the dummies can’t afford to go out to eat? Sorry, I’m getting sidetracked.

Here’s the real shocker from the article: Only 18% of people could calculate how much money you would have, if you started with $200, and saw it gain 10% twice in a row!

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Tags: Investment:Gold by Jamy
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Hey, it is not gold bugs now who are talking about gold, it is Forbes. Yes, it is all over Forbes.com now.
Column: How to Get in on Gold-Price Rush by STEVENSON JACOBS.

Q: I keep hearing in the news about skyrocketing gold prices. How can I invest in the metal?

A: Fortunately, those hoping to get in on today’s gold rush have several options, from the traditional practice of buying gold itself to more modern offerings such as gold exchange traded funds (ETFs) and gold certificates. The best option depends on your personal circumstances, investment goals and comfort level.

WOW, WOW, WOW, WOW…
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Tags: Investment:Gold by Jamy
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