South African Gold

Two Funds That Beat 99% of Competitors

Filed in New Gold, o, South African Gold, Spot Gold by on January 3, 2011 0 Comments
Two Funds That Beat 99% of Competitors

Filed under: Management , Mutual Funds , Personal Finance When searching for a mutual fund, what do you look for? Obviously, you want solid performance over time. Many funds are flashy but only shine for a year or two then fall by the wayside. The Wall Street Journal features two no-load funds that have topped their peers. What sets them apart is that they don’t follow the crowd. They do intensive research and filter out all but a few holdings. They are not index traders. Continue reading Two Funds That Beat 99% of Competitors Two Funds That Beat 99% of Competitors originally appeared on BloggingStocks on Mon, 03 Jan 2011 12:00:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Palladium: Best Performer of 2010, Hits Nine-Year High

Filed in commodities, copper, G 20, o, South African Gold, Spot Gold by on January 3, 2011 0 Comments
Palladium: Best Performer of 2010, Hits Nine-Year High

Filed under: International Markets , Forecasts , Russia , Economic Data , Commodities Looking back can be painful, especially if you missed the biggest bull move of the year. The star performer was palladium, which is used in catalytic converters. The metal rallied 95% during 2010, according to the Financial Times . One major reason for the jump was the belief that Russia has exhausted its stockpiles of palladium that they had accumulated during the Cold War. The big metals trader, Johnson Matthey, said that palladium could swing into a “serious deficit” if sales from the Russian government diminish. On the futures market, March palladium touched $800 per ounce. Some analysts are forecasting $1,000 per ounce in 2011. Continue reading Palladium: Best Performer of 2010, Hits Nine-Year High Palladium: Best Performer of 2010, Hits Nine-Year High originally appeared on BloggingStocks on Mon, 03 Jan 2011 09:30:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Borders Delays Payments to Vendors

Filed in Debt, earnings, o, South African Gold, Spot Gold by on January 3, 2011 0 Comments
Borders Delays Payments to Vendors

Filed under: Earnings Reports Borders Group ( BGP ) has been reporting losses for years. Its third quarter results showed a sharper loss and is fueling concerns about the bookstore’s future, as reported by USAToday . The company is on the defensive. It has sold off 16 stores and other assets to meet debt payments. Now creditors have cut their credit lines, forcing the bookseller to cut back further. The reason given is that Borders’ inventory value has fallen. Continue reading Borders Delays Payments to Vendors Borders Delays Payments to Vendors originally appeared on BloggingStocks on Mon, 03 Jan 2011 09:00:00 EST. Please see our terms for use of feeds . Read  |  Read  |  Permalink  |  Email this  |  Comments

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Single Trader Dominates Copper in London Metals Exchange

Filed in commodities, copper, New Gold, o, silver, South African Gold, Spot Gold, Zinc by on December 24, 2010 0 Comments
Single Trader Dominates Copper in London Metals Exchange

Filed under: Market Matters , Commodities , ETF Over the years there have been some strange goings on in the commodity markets. One episode that comes to mind is the attempt by the Hunt brothers of Texas to corner the silver market in the 1970s. Now we have another strange occurrence. The Financial Times reported that one trader holds 80% to 90% of the copper in the London Metals Exchange (LME) warehouses, valued at about $3 billion. We do know that JPMorgan Chase ( JPM ) is a big player in the copper market. Whether JPMorgan increased its holdings is not known. Continue reading Single Trader Dominates Copper in London Metals Exchange Single Trader Dominates Copper in London Metals Exchange originally appeared on BloggingStocks on Fri, 24 Dec 2010 11:00:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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AOL Snaps Up About.me

Filed in New Gold, o, South African Gold by on December 21, 2010 0 Comments
AOL Snaps Up About.me

Filed under: Deals , Products and Services , Technology , AOL (AOL) When they say tech is hot, it’s hot. Aol ( AOL ) bought About.me just four days after it began its public debut. The terms were undisclosed. About.me allows users to create a profile from all of their social networks such as Twitter, Facebook and Linkedln — like an online business card. It has a built in dashboard to track social networking interactions and influence. Continue reading AOL Snaps Up About.me AOL Snaps Up About.me originally appeared on BloggingStocks on Tue, 21 Dec 2010 10:00:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Will the Euro Fall to $1.20?

Filed in Debt, euro, o, South African Gold, sov, sovere, sovereign debt by on December 1, 2010 0 Comments
Will the Euro Fall to $1.20?

Filed under: Forecasts , Market Matters , Currency The euro is a single currency holding 16 member nations together. Before the Greek crisis, countries’ sovereign debt was viewed fairly uniformly from country to country. In other words, you could hold a Greek bond or a German bond with relative security in your investment. Enter the Greek crisis, the Irish crisis and possibly the Portuguese and Spanish crises. Now the value of each country’s bonds fluctuates widely. Investors have lost faith, not only in individual countries’ bonds, but also in the euro, the currency that is holding the group together. Continue reading Will the Euro Fall to $1.20? Will the Euro Fall to $1.20? originally appeared on BloggingStocks on Wed, 01 Dec 2010 14:00:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Consumers Are More Upbeat, but Still Wary About Big Purchases

Filed in o, recession, South African Gold, Spot Gold by on December 1, 2010 0 Comments
Consumers Are More Upbeat, but Still Wary About Big Purchases

Filed under: Market Matters , Economic Data , Housing , Recession According to the Wall Street Journal , the Conference Board reported that consumer confidence rose in November to 54.1, from 49.9 in October. Those people expecting conditions to get better rose to 16.7% from 15.8%. Those expecting conditions to worsen fell to 12.1% from 14.4%. The same ratios were found for job expectations. On the other hand, the Case-Shiller composite index of home prices fell 1.5% in the third quarter from a year ago. The index showed an even further drop of 2% in the third quarter when compared to the previous quarter. Continue reading Consumers Are More Upbeat, but Still Wary About Big Purchases Consumers Are More Upbeat, but Still Wary About Big Purchases originally appeared on BloggingStocks on Wed, 01 Dec 2010 12:30:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Microsoft Sells 2.5 Million Kinects in a Month

Filed in ipad, o, South African Gold, Spot Gold by on December 1, 2010 0 Comments
Microsoft Sells 2.5 Million Kinects in a Month

Filed under: Products and Services , Launches , Microsoft (MSFT) Microsoft’s ( MSFT ) new Kinect technology is paying off with big sales in its first month. Microsoft sold 2.5 million devices, each costing $150, as reported by CNNMoney . The new Kinect technology enables Xbox users to play video games without a controller. And Microsoft sold more Kinects in its first month than Apple ( AAPL ) did its iPad. One million iPads sold in its first month of sale. Continue reading Microsoft Sells 2.5 Million Kinects in a Month Microsoft Sells 2.5 Million Kinects in a Month originally appeared on BloggingStocks on Wed, 01 Dec 2010 11:30:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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German Chancellor Merkel’s Comment Triggers Euro Sell Off

Filed in Debt, euro, o, South African Gold, Spot Gold by on November 23, 2010 0 Comments
German Chancellor Merkel’s Comment Triggers Euro Sell Off

Filed under: Major Movement , International Markets , From the Boards , Financial Crisis , Currency In Europe, German Chancellor Merkel stated that the euro is facing “An extraordinarily serious situation” in the wake of Ireland’s debt problems, as quoted in the Wall Street Journal . Her words sparked a sharp sell off in the euro. It traded at $1.34, down from $1.3624 on Monday. Analyst Ian Stannard with BNP Paribas in London said: “This is likely to be the start of a bigger move lower for the euro.” Continue reading German Chancellor Merkel’s Comment Triggers Euro Sell Off German Chancellor Merkel’s Comment Triggers Euro Sell Off originally appeared on BloggingStocks on Tue, 23 Nov 2010 16:00:00 EST. Please see our terms for use of feeds . Read  |  Permalink  |  Email this  |  Comments

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Why Commodity Traders Are Getting Whipsawed

Filed in commodities, Federal Reserve, o, South African Gold, Spot Gold by on November 22, 2010 0 Comments
Why Commodity Traders Are Getting Whipsawed

Filed under: India , China , Commodities , Agriculture , Federal Reserve There’s an old axiom: “Markets trade, then we add the reasons for the price changes.” That being said, the next question is: Are the markets being manipulated? And if so, how? That’s rather easy to figure out. The Fed plays with the U.S. dollar and bond contracts. If you look at commodity prices at about 7:00 p.m., you’ll see the U.S. dollar futures up, say 50 basis points one day; the next day they are down 40 basis points. Continue reading Why Commodity Traders Are Getting Whipsawed Why Commodity Traders Are Getting Whipsawed originally appeared on BloggingStocks on Mon, 22 Nov 2010 10:00:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Fewer Small Business Start-Ups Mean Fewer Jobs

Filed in economy, New Gold, o, recession, South African Gold by on November 21, 2010 0 Comments
Fewer Small Business Start-Ups Mean Fewer Jobs

Filed under: Economic Data , Entrepreneurs , Small Business , Recession Fewer business start-ups are being launched, reports the the Wall Street Journal . The Labor Department said that the number of companies with at least one employee fell by 100,000, or 2%, in the year ended March 31. That was the second worst performance in 18 years — the worst one was a drop of 3.4% the previous year. Why are these numbers important? In past recessions small business start-ups were the key to spurring the economy. In the three quarters that ended in March, newly formed companies created only 2.6 million jobs, 15% fewer than in the first three quarters of the last recovery. Continue reading Fewer Small Business Start-Ups Mean Fewer Jobs Fewer Small Business Start-Ups Mean Fewer Jobs originally appeared on BloggingStocks on Sun, 21 Nov 2010 11:10:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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Record Demand for Silver Coins

Filed in Gold, o, silver, silver-prices, South African Gold by on November 18, 2010 0 Comments
Record Demand for Silver Coins

Filed under: Market Matters , Currency The Financial Times quotes Jonathan Potts saying: “The phones are ringing off the hook.” Potts is managing director of Fidel Trade, a U.S. coin dealership authorized to buy coins directly from the U.S. mint. Potts’s statement is indicative of the state of the gold and silver coin market. Mints all over the world are running at full capacity. Among them are: David Madge, head of bullion sales at the Royal Canadian Mint said sales of the Silver Maple Leafs had been “extremely strong.” Continue reading Record Demand for Silver Coins Record Demand for Silver Coins originally appeared on BloggingStocks on Thu, 18 Nov 2010 10:40:00 EST. Please see our terms for use of feeds . Permalink  |  Email this  |  Comments

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