Filed under: Major Movement , Competitive Strategy , Barrick Gold (ABX) , Commodities , Federal Reserve Back in the late 1970s, the Hunt brothers from Texas tried to corner the silver market . That drove prices to $48 an ounce. Now, 31 years later, silver is shooting higher again. The March silver futures contract closed at $32.296 per ounce , up 72 cents. Since gold is expensive, investors are turning to silver to hedge against inflation. Many fear that the Federal Reserve will not be able to control the spike in commodity prices. The Fed is buying $600 billion of treasuries and keeping interest rates near zero. Continue reading Silver Near a 31-Year High Silver Near a 31-Year High originally appeared on BloggingStocks on Sat, 19 Feb 2011 12:50:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Janus Capital Group
TD Ameritrade (Nasdaq:AMTD), Charles Schwab (Nasdaq:SCHW), TradeStation (Nasdaq:TRAD) Preferred by FBR Capital
Looking into investment services for 2011, FBR Capital said they prefer online brokers such as TD Ameritrade (Nasdaq:AMTD), Charles Schwab (Nasdaq:SCHW) and TradeStation (Nasdaq:TRAD) over asset managers. FBR also noted that even in the asset management segment there will be an increasing transfer of assets away from bonds to equities. FBR said, “As we look toward 2011, our outlook for