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Gold, The Protests on Wall Street and Operation Twist
Sunday, October 9, 2011 - 6:34am | 1010My email box is almost always full of posts from readers that want to know when the government is going to go back on the gold standard. I am sorry to say but they just don't get it. We have had a gold standard and all the government did was print more dollars than there was gold at the “standard...
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Quality of Earnings: Chapter 1
Saturday, October 8, 2011 - 6:01am | 535Investors rely heavily on the financials that companies release. But managements have significant leeway when it comes to creating its results. In this book, Thornton O'Glove tells investors how to judge the quality of a company's earnings, in order to both protect against fraud and find value....
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Intermodal Rail Traffic Highest in Four Years
Thursday, October 6, 2011 - 2:04pm | 248"The American Association of Railroads today reported gains in weekly rail traffic, with U.S. railroads originating 312,170 carloads for the week ending Oct. 1, 2011 (week 39), up 4.7% compared with the same week last year. Intermodal volume for the week totaled 250,864 trailers and containers,...
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UK PM Says Brits Should Just Pay Off Their Credit Cards
Thursday, October 6, 2011 - 10:28am | 489When UK Prime Minister David Cameron suggested Brits should pay off their credit cards, they didn't like being told that. Says the Daily Mail: David Cameron was forced into an embarrassing 11th-hour rewrite of his speech for Conference yesterday after previews provoked claims that he was out of...
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What Can Quant Firms Learn From Steve Jobs?
Thursday, October 6, 2011 - 1:27am | 923I was very sad to hear the news that Steve Jobs- the former CEO of Apple Computer– passed away today. His life was an incredible story of innovation, and the ability to triumph in the face of constant adversity. The legacy that he left cannot possibly be missed– you can't walk outside or inside...
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North Dakota - Housing Shortage, No Unemployment
Monday, October 3, 2011 - 3:24pm | 133American Oil Guru Who Has Created a Housing Shortage in North Dakota