Review On The New Gold ETF GDXJ GDX

GDXJ was debut this Wednesday. Both GDX and GDXJ (the junior companies) are offered by Van Eck. Here are the links to the company site for GDX and GDXJ. The complete weighting of the components are listed below: Fund Holdings of GDX as of 2009/11/12   Number   Holding   Ticker   Shares   Market […]

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Time To Change Your Auto Insurance Company

I have noticed that Ameriprise, the auto insurance company thru Costco has been raising its price. I just have recently changed to GEICO, because when calling their sales agent, he was willing to not only match the prices from Ameriprise, but also lower the price by a little bit more. A solid proof again that […]

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Gold At New High In US

Gold broke all time record in $US today. It is a confirmation that the bull market is alive. Some people could argue that this may be a double top. That is definitely possible. However, if gold does get up to more than $1100, then I think that argument is a little weak. Furthermore, based on […]

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Going From Thirties To Fourties

People say that one may have a mid-life crisis around 40s. That’s definitely true. When I started blogging, I have always thought that I’m “young” and energetic. But a reader while in college addressed me as “Sir” as if I’m so much older. Come on, about 10 years ago, I was still in grad school. […]

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First Fall Is Not As Ugly Yet

With Monday drop in the stock markets, sentiments have temporarily turned. I think before the first week of July, stocks may be still in the “levitation” stage, meaning that a big drop won’t come yet. Plus that today and tomorrow, Fed will come out and swing again. We are sure to see some more volatility. […]

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Banks Paying Back Taxpayers Money

Ten large banks are paying back treasury with 68 billion dollars, so that they can be freed from government meddling in paying their executives. Now that all of their accounting book is blessed with marked-to-fantasy, they don’t need the cash anymore. Can we put in a clause in the payback that “please don’t come back […]

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A Rally Into Fantasy Land

As I have stated, people needs to take advantage of this rally to sell out of their stocks. This is the “prayer answered” for those who have suffered big losses. What’s ahead? My own opinion is that the rally is soon going to stall a little at about here. Many people are looking for selling […]

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Sell Your Energy Stocks

With the exception of uranium, I am not so hopeful on energy industry for this year. If you don’t sell them this round, there may be one more chance after some 1 or 2 weeks of the current short-term corrections. After that, energy stocks will probably drop along the general market, with bigger percentage of […]

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A Decision Guide On What You Should Do For Your Home Mortgage

Here is just some decision flowchart on what I think you should do for your home/mortgages in many circumstances. It’s based on my personal opinion, and you should always consult professionals & legals when it applies. There aren’t many solutions for you besides out-right sale, short sale, refinancing, loan modification, foreclosures, and walkaways. But you […]

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Considering The Impossibility

Everything is possible now with the unraveling speed of Wallstreet 700 trillion derivatives. Which of the following scenario may come true? Maybe all of them. 1. Dow at 3500 in 2011. 2. Gold at 5000 in 2016. 3. S&P 500 bottoms at 400. 4. The economic depression lasts more than 20 years until 2032/2033. This […]

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