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- Homeowner Affordability and Stability Plan: Is It Really Good for Everyone?
- Zachary Scheidt submits: President Obama took center stage yesterday as he unveiled the Homeowner Affordability and Stability Plan. According to the Executive Summary issued by the White House, the plan is expected to “help somewhere between 7 to 9 million families restructure or refinance their mortgages to...
- External links 2009-02-19
- Silver Flirts with $16 Mark: Where Will It Trade from Here?
- Zachary Scheidt submits: We said it would happen quickly, but the recent move in the price of silver has caught many investors off guard. Just recently, we sounded the alarm that silver was set to trade substantially higher. And now the shiny metal has broken through the key...
- External links 2009-06-04
- ISM Data Casts Doubts on U.S. Economic Recovery
- Zachary Scheidt submits: Although investors have been celebrating the new green shoots of economic growth, the ISM data released Wednesday poured a bit of cold water on the celebration. The report was essentially a survey of the service sector environment for July. The index is based...
- External links 2009-08-06
- Three Indications Gold and Silver Will Continue Rising
- Zachary Scheidt submits: Precious Metals are tacking on more strength this morning after a strong showing last week. Gold futures are now above the symbolic $1,000 per ounce level, and the December silver contract is at $16.75. While there have been several false starts this summer...
- External links 2009-09-08
- Commodities Rise as Australia Raises Interest Rates
- Zachary Scheidt submits: The first shot of a new war has been fired. Yesterday markets were scrambling in reaction to the rate decision by the Reserve Bank of Australia. In a surprise move, the country’s overnight rate has been raised from 3.0% to 3.25% in the apparent...
- External links 2009-10-07
- Silver Trade Is Better than Gold
- Zachary Scheidt submits: Much attention has been given to gold lately, and rightfully so. The yellow metal is often an excellent proxy for inflation, and can be a strong indicator of investor sentiment. As investors become more risk averse, they look for “hard assets” that are...
- External links 2009-11-23
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