The Cost of Love

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Kevin Bambrough: Fiat Currencies Are Worthless

Kevin Bambrough founded Sprott Resource Corp. in 2007 to take advantage of a future in which he believes trust in paper currencies will diminish. The idea is to invest in natural resources, including precious metals, energy and agriculture, which represent tangible value from which investors will benefit as necessities become more precious. Unlike closed- . . . → Read More: Kevin Bambrough: Fiat Currencies Are Worthless

A Real Estate Review

The federal government released its long awaited plan for Freddie Mac and Fannie Mae today, where it announced that it plans to wind down the two companies by slowly increasing their guarantee fees, reducing the maximum amount of money that they can lend on a home, and selling off their existing loans at a . . . → Read More: A Real Estate Review

Philip Williams: Uranium to Cross $100 Threshold in 2011

Philip Williams, Pinetree Capital’s VP of business development, says the spot price for uranium will likely explode above $100/lb. in 2011, much as it did in 2007 when it topped at $137. The good news, Philip says, is that even when uranium comes off its high, it will likely only fall to around $80. . . . → Read More: Philip Williams: Uranium to Cross $100 Threshold in 2011

Economic Events on February 11, 2011

At 8:30 AM EST, the International Trade report for December will be released.  The consensus is a deficit of $40.5 billion, which would be $2.2 billion more than November.

At 9:55 AM EST, Consumer Sentiment for the first half of February will be announced.  The consensus is that the index will be at 75, . . . → Read More: Economic Events on February 11, 2011