The Consumer Confidence Index – You Can Fool Some People Sometimes

October 4, 2006 - Here is the graph for the Consumer Confidence Index in the U.S. (Source: Conference Board). Basically the CCI takes a representative sample of 5,000 households in the United States (which by the way, is an enormously tiny sample for a population of 300 million) and asks them how they feel about … Continue reading The Consumer Confidence Index – You Can Fool Some People Sometimes

When it Comes to Investing, China Isn’t the Only Country in Asia

October 4, 2006 Soon, Japan will see a changing of the guard. Last week,on September 30th, popular Japanese Prime Minister Junichiro Koizumi stepped down after 5 ½ years and will be replaced with 51-year-old Chief Cabinet Secretary Shinzo Abe. Though there are many positives about the Japanese economy now, their large, looming national debt is … Continue reading When it Comes to Investing, China Isn’t the Only Country in Asia

State of Denial

October 2, 2006 - The big news story in the U.S. media is Bob Woodward's book that is heavily critical of the Bush Administrations handling of the Iraqi war called "State of Denial". In the book, according to an advanced preview by the New York Times, Woodward accuses the Bush administration of repeatedly misleading the … Continue reading State of Denial

Fiat Currency Concerns Give Rise to a Gold & Silver Backed Online Payment System

October 2, 2006 - Came across this site which is pretty interesting. There is a company incorporated in the United Arab Emirates and Malaysia that offers gold and silver backed online transactions, though fees are quite high at 1% of transaction and an additional 1% storage fees.According to the website, this is how the system … Continue reading Fiat Currency Concerns Give Rise to a Gold & Silver Backed Online Payment System

The Gold Timeline: A History of Gold Prices

October 1, 2006 - The recent sharp decline in gold has shaken a lot of gold bulls out of the market with many people exiting and cutting their losses. And as steep, quick and brutal as this last correction has been, we may still be in a consolidation phase where gold may dip even lower … Continue reading The Gold Timeline: A History of Gold Prices

Blogs en Español?

He observado que algunas visitantes aquí son de países de habla español. Pues tengo una pregunta. ¿Ustedes desean la información aquí traducida al Español? Ahora no tengo la habilidad para traducir todo, pero tal vez, si recibo bastantes peticiones, intentaré traducir los blogs mas solicitados de todos. Por favor, si esto interesa usted por favor … Continue reading Blogs en Español?