The stock markets open and close; they have predictable hours. The same cannot be said for the precious metals markets as they trade all night long.
So what if you’ve just made an investment in a ton of silver, gold, platinum, or palladium. You’ve purchased silver at say 14.50/oz and your sell point is 15.00/oz. While the market is pretty active during the day, it still makes corrections and changes at night too. Look at the attached graphic. If your silver hits 15.00/oz at 3:00AM and you’re not up, awake, and on your computer ready to sell at exactly that time you’ve missed your window because tomorrow it goes down to 14.25.
I’ve always wanted something like this, and nothing reliable has ever been available. Until now. There’s a site which will notify your cell phone or mailbox when the price of gold or silver hits your target price. It’s absolutely free too. I’ve found it incredibly simple. Just enter your email, or mobile number, and set your price. As soon as the metal you’ve chosen hits the price you’ve selected you get paged. It’s that simple. See goldspotalert.com for more details.
I found this cool article on a Realestate blog about how tenants are getting evicted with little to no notice all the time. It seems like somebody should step in and correct this issue because the tenants don’t really have the means, and the landlords don’t care.
I heard it again today, a couple already battered by cancer treatment telling us that they just got a 10 day eviction notice because the bank is foreclosing on their landlord’s property. When they leave the hospital they will have 5 days to pack up and move and find a new place to live, all due to something that was not of their causing.
If you are currently renting, how can you find out if your landlord is in trouble?
OK, before reading this, let’s comprehend just how much 780 billion dollars is. All these values seem to be lost in translation these days because the government throws around millions, billions, and now trillions of dollars in everyday lingo. So how much is 780 billion?
First off, after “ancillary” expenses to manage the 780 billion, this is easily going to cost taxpayers 1 trillion dollars. 1 trillion doesn’t really sound that much different from 1 million does it? Well, let’s assume for a minute we all have really long life spans, and really grand spending habits. If we spent 1 million dollars every single day, 365 days a year, on our lavish spending habit, every day since the day Jesus was born, we still would not have spent 1 trillion dollars. We would have to continue spending 1 million dollars per day until the year 2737 to finally spend the 1 trillion dollars.
Another example, for perspective. A million seconds is about 11½ days. A billion seconds is about 32 years, and a trillion seconds is 32,000 years.
So how does the government come up with 1 trillion dollars to “stimulate” the economy? If you are thinking “out of thin air”, you are precisely correct. More on this later…
— on to the article —
US senators reached agreement on a financial stimulus plan totaling about $US780 billion, Democratic lawmakers said.
Massachusetts Democrat John Kerry, emerging from a meeting of Senate Democrats at the Capitol tonight, called the agreement an important step and said senators hope to vote on it tonight.
“This is our best chance,”Senators have reached a tentative agreement on a financial stimulus plan of about $US780 billion, Massachusetts Democrat John Kerry said.
White House Chief of Staff Rahm Emanuel attended a meeting with Senate Democrats and left, smiling, without speaking to reporters. Jennifer Burita, an aide to Maine Republican Senator Susan Collins, said the agreement would be announced on the Senate floor.
Kerry called the agreement an “important step” and said the Senate hopes to vote on it tonight.
Before the meeting, Senator Kent Conrad of North Dakota said the plan being discussed doesn’t include about $US50 billion in funds for autos and homebuyers. Those were part of the $US900 billion-plus package debated in the Senate this week.
Subpoenaed by Rep. John Conyers to testify before Congress, Karl Rove has left the debate over whether or not he is protected from testifying to Barack Obama.
The former Bush strategist had previously refused to appear before the House Judiciary Committee by claiming that executive privileges allowed him to keep his conversations with the president private. With Bush out of office, Rove instructed his lawyer, Robert Luskin, to ask the Obama White House whether the same privileges currently exist.
Asked for an answer at the White House briefing session, Press Secretary Robert Gibbs said Obama’s legal counsel was still looking into it.
“The office of White House counsel is studying those issues and will advise us when we have a recommendation,” Gibbs said.
It is a fairly clever maneuver on Rove’s behalf — forcing Obama to make a judgment on executive privileges that could have ramifications later in his presidency. But it is also, probably, the only move he could have made, beyond acquiescing to Conyers’ demand and traveling up to Capitol Hill.
Obama said the U.S. had made mistakes in the past but expressed hope “that the same respect and partnership that America had with the Muslim world as recently as 20 or 30 years ago, there’s no reason why we can’t restore that.”
He condemned Iran’s threats against Israel, its pursuit of nuclear weapons and support of terrorist organizations, but he added, “It is important for us to be willing to talk to Iran, to express very clearly where our differences are, but where there are potential avenues for progress.”
Obama called for a new partnership with the Muslim world “based on mutual respect and mutual interest.” He talked about growing up in Indonesia, the Muslim world’s most populous nation, and noted that he has Muslim relatives.