Wednesday, January 16, 2013

DailyMarkets.com - Will Gold Prices Be Dragged Higher By Platinum’s Surge?

DailyMarkets.com - Will Gold Prices Be Dragged Higher By Platinum’s Surge?


Will Gold Prices Be Dragged Higher By Platinum’s Surge?

Posted: 16 Jan 2013 06:18 AM PST

Wednesday, January 16, 2013
Since the global economic crisis began in 2008, Platinum seems to have been relegated to a role as an industrial metal, as opposed to a safe haven investment such as Gold seems to have become. Rightly or wrongly, Gold’s significant liquidity and ample supply have allowed the yellow metal to trade at a premium to the rarer and, in my opinion, more useful Platinum. Given this shift in outlook, traders should be aware that though Platinum has begin to narrow its price … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

Washington State Residents: Plug In, But Pay Up

Posted: 16 Jan 2013 06:00 AM PST

It's getting a little more difficult to be green in the Evergreen State these days. Beginning in February 2013, electric car owners will be receiving conflicting messages: Drivers are getting tax incentives from Washington D.C. for plugging in instead of fueling up, but those savings will be offset by Washington state's new annual tax on fuel efficient cars.
The U.S. has made it a national priority to increase fuel efficiency, with plans to inject $7.5 billion into the electric vehicle … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

America’s New Economic Policy: “Screw The Kids”

Posted: 16 Jan 2013 05:41 AM PST

What about me? What is in it for me? How does this work for me? The "ME" mentality strikes me as central to America's new official economic policy.
Who is "ME"? Our Washington politicos.
What policy is that? Let's navigate.
Having recently sidestepped the fiscal cliff, as we continue to navigate the economic landscape we are now faced, as the FT describes them, with "three enormous gorges." Sounds ominous, right? What are the three gorges?

1. The debt ceiling.
The maximum … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards

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