As a profit-making endeavor, managing other people’s money is hard to beat. The business requires very little invested capital. There are no worries about getting paid in full when the bill comes due, since fund managers control their customers’ money.
Read More »Gold tells you bubble hasn’t popped yet
If you owned stocks and gold and had to sell one, which would it be? Standard & Poor’s 500 Index has gained almost 60 percent since its low on March 9. Gold is near a record price. I know a ...
Tagged with: bubble economy gold inflation Standard & Poor's treasury
Read More »Economic boom mimicked Tara Reid’s awful makeover
Americans so far have stubbornly refused to spend their way out of this economic crisis. It’s time to acknowledge that’s about as likely to happen as actress Tara Reid is to sign up for more breast-implant surgery. Reid’s problems started ...
Tagged with: Alan Greenspan consumer spending economy Tara Reid
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