Wealth Daily Articles
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Investing in Online Gambling
Brian HicksPosted April 21, 2009
Wealth Daily editor Ian Cooper takes a look at online gambling legislation, and how 2 stocks could pay out big for investors.
And the IMF Says...
Brian HicksPosted April 21, 2009
As the global economic downturn grows worse the International Monetary Fund (IMF) is warning that banks and other financial institutions could face losses of $4.1 trillion at the close of 2010.
The Ghost of Ferdinand Pecora
Brian HicksPosted April 21, 2009
Descriptions of the Great Depression and the current state of the economy have an eerily similar ring to them. Rigged markets and scandalous behavior seem to be nothing new.
The Great Depression's Ben Bernanke
Brian HicksPosted April 20, 2009
Chairman of the Federal Reserve from 1934 to1948, Marriner S. Eccles, had some poignant remarks about the Great Depression that feel too much like the newspapers of today.
Obama's Recession Spending Strategy
Brian HicksPosted April 20, 2009
Guest columnist Peter Schiff of Euro Pacific Capital takes a look at President Obama's spending strategy.
Credit is Going to Get Worse
Brian HicksPosted April 20, 2009
Here's Bank of America's Ken Lewis on our current situation. He's warning that losses from bad loans will get worse "rather than better."
George Soros Investments
Luke BurgessPosted April 17, 2009
Gold World editor Luke Burgess explains why George Soros is shorting the U.S. dollar and how investors can hedge against it.
Indian Gold Imports Rise in April
Luke BurgessPosted April 17, 2009
The Bombay Bullion Association reported this week that India imported 10 tons of gold in the first half of April after little to no imports during the first quarter of 2009.
Foreclosures Spike in March, New Records Set
Brian HicksPosted April 17, 2009
As the number of foreclosures spikes back, a new report is saying that as many as 30% of foreclosed houses are seriously damaged.
Canadian Dollar Rallies to 3-Month High Against the U.S. Dollar
Luke BurgessPosted April 16, 2009
The Canadian dollar maintained a six-week rally against the U.S. dollar today as crude oil prices continued to show stability at $50 per barrel. The petro-linked loonie traded at a 3-month high...
Commercial Real Estate Worsening
Brian HicksPosted April 16, 2009
Richard Fisher believes that "problems in the financial industry and commercial real estate have the potential to intensify..."
Wal-Mart CEO: "It's not a V recession"
Brian HicksPosted April 16, 2009
The Chief Executive Officer, Mike Duke, of discount giant Wall-Mart had some things to say on the state of the US economy. Why you should listen to what he says.
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