Archive for July 2010

Newmont Mining - Getting Ready For A Price Explosion

Newmont Mining - Getting Ready For A Price Explosion

Newmont Mining (NEM) has been a frustrating stock for many investors over the past 14 years.
As the price of gold moved from the $390 range in May 1996 to $1200 today, Newmont’s stock price is only $3 [...]

Strategic Defaults - The Difference Between The Rich And “Other People”

Strategic Defaults - The Difference Between The Rich And

Million Dollar Home Owners Falling Off The Cliff
“I think you’ll find the only difference between the rich and other people is that the rich have more money” - Mary Colum
If the difference between the rich [...]

Will Governor Schwarzenegger Trigger 55,000 California Foreclosures?

California’s long running budget crisis has now degraded to the point where Governor Arnold Schwarzenegger has ordered a pay reduction to the minimum wage rate of $7.25 an hour for 200,000 state employees.
The California banking industry, perhaps [...]