Wednesday, August 22, 2012

DailyMarkets.com - Crude Oil Sold On Japan Export Drop, Gold Supported Before Fed Minutes

DailyMarkets.com - Crude Oil Sold On Japan Export Drop, Gold Supported Before Fed Minutes


Crude Oil Sold On Japan Export Drop, Gold Supported Before Fed Minutes

Posted: 22 Aug 2012 02:58 AM PDT

Talking Points

Crude Oil, Copper Follow Stocks Down as Japanese Export Slump Dents Sentiment
Gold and Silver Find Support on QE3 Speculation Before FOMC Minutes Release

Growth-sensitive crude oil and copper prices are following stocks lower in European trade in the wake of disappointing Japanese Trade Balance figures. The report showed exports fell at an annual pace of 8.1 percent in July, marking the largest drop in six months. Japan is the world's fourth-largest exporter and markets … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


How To Over Come A Debt Problem.

Posted: 22 Aug 2012 01:19 AM PDT

If you have a debt problem, no matter if you are an individual, company or a country, you only have two choices.

Reduce debt with the surplus from Income less cost, by
1) Lowering costs
2) Increasing revenue

Lowering costs has a fancy name called ‘austerity’ which is not fun, increasing revenue as a better more sexy name called ‘investment’. They only difference between an individual and a country is that the ‘deal on your outstanding debt’ while you re invest is more likely to be more … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Central Bank News Link List – Aug 22, 2012

Posted: 21 Aug 2012 11:47 PM PDT

    Here’s today’s Central Bank News link list, click through if you missed the previous link list. The list comprises news about central banks that is not covered by Central Bank News. The list is updated during the day with the latest developments so readers don’t miss any important news

Angola:BNA keeps basic interest rate at 10.25 pct per year (Angola Press Agency)
Big German banks tout ECB watchdog power grab (Reuters)
Brazil currency traders scatter as central … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Markets In Everything: A $5 Doctor

Posted: 21 Aug 2012 08:28 PM PDT

From the Chicago Tribune, a story about a small-town physician in Illinois who charges only $5 for an office visit, and hasn’t changed his price since the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


What About The Legal “Usurious” Ticket Fees?

Posted: 21 Aug 2012 07:41 PM PDT

A $17 Tigers ticket purchased directly from the team’s website costs $25.85 with fees, or 52% above face value:

From the Detroit News on July 27:

A Michigan state representative said he will introduce legislation capping the markup on tickets sold on the secondary market — in particular on websites like StubHub — at 10 percent above face value.

State Rep. Douglas Geiss, D-Taylor, requested a bill in response to a story published Thursday on DetroitNews.com, which showed ticket prices … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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