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日志

分享 Is GLD A Good Deal?
2009-7-20 06:08 PM
GLD's largest shareholder, until recently, was noted hedge fund manager David Einhorn's Greenlight Capital hedge fund. Last week, we learned that he'd sold all of his GLD (SPDR Gold Shares (NSYE Arca)) GLD holdings in favor of physical bullion. How much? About 4.2 million shares of GLD, or rou ...
153 次阅读|0 个评论
分享 Obama Health Plan to Cover 12 Million Illegals
2009-7-20 06:06 PM
On Friday, Democrats moved one step closer to giving free health insurance to the nation’s estimated 12 million illegal aliens when they successfully defeated a Republican-backed amendment, offered by Rep. Dean Heller, R-Nev., that would have prevented illegal aliens from receiving government-s ...
105 次阅读|0 个评论
分享 Why Texas is booming... while California is mired in socialist disaster
2009-7-17 05:19 PM
Why Texas is booming... while California is mired in socialist disaster
Thanks to low taxes and light regulation, Texas is booming. But demography will bring profound changes, says Christopher Lockwood (interviewed here ) Corbis VISITORS to Governor Rick Perry’s vast office in the Texas capitol building in Austin (with a dome a mite taller, naturally ...
102 次阅读|4 个评论
分享 Gary Shilling: Stock Market Will Crash As US Consumers Retrench
2009-7-17 05:17 PM
We had Gary Shilling on TechTicker this morning. We'll post the video soon. In the meantime, here's a quick overview of Gary's outlook on things, along with a gallery of exhibits from his recent monthly Insight. The economy won't start to recover until 2010 (versus the curren ...
106 次阅读|2 个评论
分享 Master money manager walks away from gold ETF... goes fully into bullion
2009-7-15 04:23 PM
Greenlight Capital Inc., the $5 billion hedge-fund firm run by David Einhorn , told investors it switched all of its holdings in a gold exchange-traded fund into bullion during the second quarter. “At a minimum this will provide some savings as the costs of storing gold are less ...
100 次阅读|0 个评论
分享 Fox commentator: Goldman CEO should go to prison
2009-7-15 04:22 PM
Yeah, when the tens of billions of dollars of state money that could have helped fix health care wasn't enough, Lloyd Blankfein, the CEO of Goldman, just kept right on denying that he and his firms were insolvent because they'd gambled at casinos without bothering to make sure the house could ac ...
77 次阅读|1 个评论

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