Investing During Economic Woes
For those of you beginner investors out there wondering what going on in the last two weeks of the political games, economic turmoil and the 16% decrease of the DOW, I have to tell you that even some veteran investors and traders are doing the same thing. What happened today on Wall Street was just a slap to the face after the wake-up call from Standard and Poors on Friday, letting Washington know that it’s time to do the right thing.
After months...
Gold Is On The Run
On Tuesday, gold prices hit an all time high by climbing 1.5%. Most of the cause of the move is because of economic concerns that Congress wouldn’t (or couldn’t) come to an agreement as to the debt ceiling. Even though they have now come to a decision and an agreement to it all, investors are still concerned about the status of the U.S. credit rating. Even though Moody’s has stated that they will hold the AAA rating for the United...