Tag: bank bailout

 

Ignore the bank bailout and profit from the financial sector

Published on October 1, 2008

Put your money into the financial sector? No, Andrew Gordon, of Investor’s Daily Edge, isn’t kidding. While WaMu (NYSE:WM), Fortress (NYSE:FIG), Lehman (OTC:LEHMQ) and all their friends have been falling to their knees, another side of the financial industry is thriving, with or without the bank bailout.
by Andrew Gordon
Baltimore — (TFN):  The financial [...]

Precious Metal Investing: Fed’s recent moves virtually guarantee that gold will rise

Published on December 15, 2007

"The hope that this additional credit will somehow alleviate the problems in the U.S. housing market is extremely naïve. Virtually none of this newly created credit will find its way back into the domestic mortgage market." — Peter Schiff 
by Peter Schiff, EuroPacific Capital 
Baltimore — (TFN): This week’s announcement by the Fed that it will create [...]