Tips on Storing Precious Metals Safely - Precious Metals - Resource Investor: "There are only two ways to buy physical gold – buy it and store it yourself, or buy it and have someone store it for you. So it is obvious that storing metal is an important part of the buying process. Consequently, I am often asked about storage.
Storing gold at home has one important advantage; you have metal close at hand. However, there are numerous disadvantages, the most obvious one being the risk of theft. Unfortunately, insurance is expensive, if you can even get it. Also consider that your liquidity is impaired because you have to return your coins and/or bars to a dealer to exchange them for a national currency. That takes time and may even incur a refining cost to confirm the gold content before the dealer accepts your metal.
When you store gold with a company,"
Sunday, July 24, 2011
Global Currencies: The Euro, The Yen, and the Bitcoin? - CNBC
Global Currencies: The Euro, The Yen, and the Bitcoin? - CNBC: "The dollar, euro and yen might be the primary language of currency traders today, but online, all the talk is about bitcoins.
The digital currency has been around for nearly two years now, but it burst onto the radar of the mainstream world in June, when Gawker published a story about an underground Website where you could trade the currency for illegal drugs. The chatter surrounding the story eventually faded, but a lot of people were left confused about bitcoins. What are they? How do they operate? And what, aside from illegal narcotics, can they be used for?"
The digital currency has been around for nearly two years now, but it burst onto the radar of the mainstream world in June, when Gawker published a story about an underground Website where you could trade the currency for illegal drugs. The chatter surrounding the story eventually faded, but a lot of people were left confused about bitcoins. What are they? How do they operate? And what, aside from illegal narcotics, can they be used for?"
How Big Is E-commerce Industry | The Invesp Blog
How Big Is E-commerce Industry | The Invesp Blog: "The e-commerce sector has continued its double-digit growth year over year. And to make it easy for you to understand the growth of e-commerce industry in US and all across the world. We’ve created an infographic “How big is E-commerce” that will cover some interesting facts about the E-commerce industry, its growth and latest trends."
Infographic by – Conversion Optimization Company Invesp
Infographic by – Conversion Optimization Company Invesp
Boomer Bust 2011, Unprepared & Unaware
Boomer Bust 2011, Unprepared & Unaware: "This year, America’s baby boomers – 78 million people in all – begin turning 65 and this growing demographic wave threatens to cripple our financial and health care systems and significantly burden future generations.
To better understand the implications of this looming crisis, Volunteers of America commissioned a nationwide survey with Lake Research and American Viewpoint into how the elderly and their caregivers are faring during the economic downturn. The survey found that the majority of Americans significantly underestimate the amount of savings they will need to finance their future long-term care needs, and that caregivers are sacrificing their own financial futures to help care for older loved ones."
To better understand the implications of this looming crisis, Volunteers of America commissioned a nationwide survey with Lake Research and American Viewpoint into how the elderly and their caregivers are faring during the economic downturn. The survey found that the majority of Americans significantly underestimate the amount of savings they will need to finance their future long-term care needs, and that caregivers are sacrificing their own financial futures to help care for older loved ones."
Most Americans Are Without a Financial Back-up Plan
Most Americans Are Without a Financial Back-up Plan: "WEBWIRE – Friday, July 22, 2011
New State Farm survey shows that while 81 percent of Americans believe it’s very important to have a financial “Plan B,” fewer than half have such plans in place
Bloomington, Ill., - If the unexpected happens and a major life crisis occurs, most Americans today would be unprepared to handle the impact. These findings are detailed in the new State Farm® “Financial Plan B” survey. In the study, while 81 percent of all adults say having a back-up plan is very important, only 45 percent say they’ve actually planned ahead and are ready to weather a life crisis...."
New State Farm survey shows that while 81 percent of Americans believe it’s very important to have a financial “Plan B,” fewer than half have such plans in place
Bloomington, Ill., - If the unexpected happens and a major life crisis occurs, most Americans today would be unprepared to handle the impact. These findings are detailed in the new State Farm® “Financial Plan B” survey. In the study, while 81 percent of all adults say having a back-up plan is very important, only 45 percent say they’ve actually planned ahead and are ready to weather a life crisis...."
Wednesday, July 13, 2011
Bernanke Just Lit the Fuse on $1,800 Gold and $55 Silver by Year End!
Hello QE3 – Bernanke Just Lit the Fuse on $1,800 Gold and $55 Silver by Year End!
Federal Reserve Chairman “Helicopter” Ben Bernanke indicated that the U.S. economy is at a crossroads this morning, telling Congress the central bank is prepared to provide further stimulus. Investors reacted by dumping dollars, buying stocks and pushing gold to a new all-time high of $1,585. Silver, while still significantly below its 2011 high near $50, has advanced nearly 6% today...."
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