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
Sprint
Verizon Finally Gets the iPhone
Filed under: Competitive Strategy , Google (GOOG) , Apple Inc (AAPL) , AT and T (T) , Sprint Nextel Corp (S) , Verizon Communications (VZ) , iPhone The battle among iPhone carriers is fierce. Apple’s ( AAPL ) iPhone is the prized device. AT&T ( T ), Verizon’s ( VZ ) rival, has had the an exclusive hold on the iPhone. Verizon has been trying to play catch up. Now that Verizon will have the iPhone, the playing field will change dramatically. Verizon, with about 93 million subscribers, could grab an estimated 10 million new subscribers with the iPhone, as reported by the Wall Street Journal . The move is also a big boost for Apple. Apple has been feeling the pressure from Google ( GOOG ), with its Android system. Android phones passed the iPhone in sales in the second quarter. This move to Verizon will open up a new expanded base for Apple. Continue reading Verizon Finally Gets the iPhone Verizon Finally Gets the iPhone originally appeared on BloggingStocks on Sun, 09 Jan 2011 09:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments
Roubini’s Advice: Lend, Hope, Pray
Here’s the latest from Dr. Doom. He thinks the best strategy is to lend, hope and pray… From The Telegraph by Richard Blackden entitled: Nouriel Roubini: ‘The economic policy is still lend, pray and hope’ “ Nouriel Roubini, a New York professor of Iranian origin, expects China, India and Brazil to collectively grow at 6.3pc in 2011, more than triple the 2.1pc he predicts the developed economies will muster. “The good news about advanced economies is that the tail-risk of a double-dip recession has receded,” Mr Roubini said as he presented his outlook for 2011 at the office of Roubini Global Economics in Greenwich Village, New York. The picture echoes the consensus forming in financial capitals that it will again be the emerging economies that are sprinting, while consumers and governments elsewhere repair balance sheets that were stretched to breaking point during the crisis. Among the Western laggards, Roubini expects the US to enjoy the fastest growth – at 2.7pc – as a combination of quantitative easing (QE) and the tax cuts agreed last week in Washington provide some support. Germany follows at 2.2pc, down from 3.5pc in 2010, while the UK will grow 1.7pc, slightly weaker than this year’s 1.8pc. Mr Roubini, who rejects the accusation that he is a natural pessimist, says the greatest risks to this scenario unfolding lie in the next six months and come from the troubled eurozone. “The risk of something disorderly happening is still significant,” he explained. “At the moment, the policy is still lend, pray and hope this is a liquidity problem and not a solvency problem.” Related Articles: Roubini: 40 Percent Chance of a Double Dip Roubini on Greece: The Tip of the Iceberg Marc Faber: “Governments have become like a cancer” To learn more about Wealth Daily click here Advertisement I Just Witnessed the Impossible Not far from the U.S. Capitol, a tiny $0.62 tech firm unlocked the secret to harnessing solar energy — at ANY time, from ANY window! It’s so efficient and affordable that CNBC is calling it energy’s “Silver Bullet.” Before the first big ticket contract comes, through — doubling the share price — click here for your exclusive video footage. Roubini’s Advice: Lend, Hope, Pray originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.
Sprint (NYSE:S) Offering 4G Tablet in 2011
Responding to disappointment over their first entry into the tablet market, Sprint (NYSE:S) said feedback over their 3G offering has been heard and they’re prepared to offer a 4G tablet in 2011. Sprint already has a portfolio of 4G devices, something they feel will help them compete in the 4G tablet market against Verizon (NYSE:VZ) and others. Included in their 4G product line are a 3G/4G
