Sunday, March 11, 2012

Cisco Flashes Buy Signal

Cisco Systems (NASDAQ:CSCO) reversed at its bullish support line.

Nordgold to Invest $800 Million to Boost Output, Reserves in Four Years

Nordgold to Invest $800 Million to Boost Output, Reserves in Four Years
Bloomberg - 2 hours ago Nordgold NV (NORD), the Russian gold mining company spun
off from OAO Severstal (CHMF) this year, plans to double reserves in the next
four years and is looking for emerging-market acquisitions as it raises output
worldwide.

Understanding Unemployment: Who’s On First?

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dow2664 COSTELLO: I want to talk about the unemployment rate in America. ABBOTT: Good Subject. Terrible Times. It’s 9%. COSTELLO: That many people are out of work? ABBOTT: No, that’s 16%. COSTELLO: You just said 9%. ABBOTT: 9% unemployed. COSTELLO: Right, 9% out of work. ABBOTT: No, that’s 16%. [Except according to John Williams, it's about 22%] COSTELLO: Okay, so it’s 16% unemployed. ABBOTT: No, that’s 9%… COSTELLO: Wait a minute. Is it 9% or 16%? ABBOTT: 9% are unemployed. 16% are out of work. COSTELLO: If you are out of work, you are unemployed. ABBOTT: No, you can’t count the “Out of Work” as the unemployed. You have to look for work to be unemployed. COSTELLO: But they are out of work!!! ABBOTT: No, you miss my point. COSTELLO: What point? ABBOTT: Someone who doesn’t look for work can’t be counted with those who look for work. It wouldn’t be fair. COSTELLO: To who? ABBOTT: The unemployed. COSTELLO: But they are all out of work. ABBOTT: No, the unemployed are actively looking for work… Those who are out of work stopped looking. They gave up. And if you give up, you are no longer in the ranks of the unemployed. COSTELLO: So if you’re off the unemployment rolls, that would count as less unemployment? ABBOTT: Unemployment would go down. Absolutely! COSTELLO: The unemployment just goes down because you don’t look for work? ABBOTT: Absolutely it goes down. That’s how you get to 9%. Otherwise it would be 16%. You don’t want to read about 16% unemployment, do ya? COSTELLO: That would be frightening. ABBOTT: Absolutely. COSTELLO: Wait, I got a question for you. That means there are two ways to bring down the unemployment number? ABBOTT: Two ways is correct. COSTELLO: Unemployment can go down if someone gets a job? ABBOTT: Correct. COSTELLO: And unemployment can also go down if you stop looking for a job? ABBOTT: Bingo. COSTELLO: So there are two ways to bring unemployment down, and the easier of the two is to just stop looking for work. ABBOTT: Now you’re thinking like an economist. COSTELLO: I don’t even know what the hell I just said! And now you know why the government’s unemployment figures are improving!



Google Alert - antiques coin

News1 new result for antiques coin
 
International Coin Collectors Association to host event in Peachtree City
The Citizen.com
Peachtree City is the next stop on the list for the International Coin Collectors Association's world tour. During this event at the Hampton Inn-Peachtree City, the ICCA will be purchasing coins, paper currency, gold and silver on behalf of their ...
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The Windows 8 Factor in PC Sales

In January, when research firm Canalys reported on fourth-quarter PC sales, it
led its analysis with news that surprised few in the industry: Apple
(NASDAQ:AAPL) had surged past Hewlett-Packard (NYSE:HPQ) to become the world's
leading maker of PCs and tablets combined about 17% of the total 120 million
client PCs shipped during the quarter.

Gold and Silver Prices Weekly Outlook for March 12-16

Here is a short overview of the recent changes in gold and silver prices during
the week of March 5th to March 9th; this includes a short description of the
main news items, decisions and events that may have affected precious metals
prices; in this analysis I use charts and a fundamental analysis to examine how
if any last weeks events and financial reports affected the direction of gold
and silver prices. One of the main news items that stirred up not only the
metals markets but also other financial markets such as the forex markets was
related to the developments in the Greek debt crisis. During last week it was
reported that investors had agreed to swap nearly 85% of the Greek debt. The
Greek debt restructuring

Google Alert - antiques coin

News1 new result for antiques coin
 
Sessions to inform businesses on new secondhand dealer ordinance ...
Bay News 9
This includes any person who conducts business as an antiques dealer, auction house, coin dealer, flea market merchant, gold and precious metals dealer or ...


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Gold’s Inflation Problem

Gold goes up with inflation -- except when it goes up regardless.

Today’s Gold price per ounce and Silver price per ounce Review Today; Gold and silver prices positive last week

Gold price Silver Price Market Close Review Today: Precious metals gold and
silver price trends moved higher through the latter half of the last trading
week. Both gold and silver closed out the last session of the week in the green
and the positive close last session also helped to push gold and silver price
trends positive for the week overall. According to last floor price close, gold
contract for April delivery finished higher by 10.20 at 1711.50 per troy ounce
and silver contract for May delivery finished higher by .38 at 34.21 per troy
ounce. Gold price and Silver price trends over the several weeks: Gold price per
ounce trends are still tracking negatively over the course of the last several
weeks. Price trend-line is negative by 1.51 percent for gold according to
current one month change analysis. Silver price trends are tracking positively
over this same course of time. Price change for silver is positive by
approximately 1.42 percent according to one month change at this point in time.
Although gold is still tracking negatively according to one month change
analysis, both gold and silver finished on the positive side of break-even over
the course of the last five trading session. Camillo Zucari

Weekly Outlook for 12-16 March

The commodities markets including gold and crude oil market didnt do much during
last week on a weekly scale despite the strengthening of the U.S. during last
week over the Greek debt crisis, the strong U.S. non-farm payroll employment
numbers and the contraction of EU GDP during Q4 2011. This week there are many
important events, decisions and publications that could affect the direction of
forex and commodities markets. Among these items are: FOMC meeting and rate
decision, U.S. Philly Fed survey Bank of Japan rate decision, U.S. Federal
budget balance, German ZEW economic sentiment, U.S. CPI

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