Reading Time: < 1 minute Peter Schiff (wiki) is the manager of Euro Pacific Capital. He seems correctly called the recession. But don’t just follow his advice and buy gold (ETF: GLD). Yahoo Tech-ticker: Is this a stock picker’s market?
Reading Time: 2 minutes I heard a lot of buzz words in this Bear Stearns crisis, $100 oil, Spitzer scandal, global housing bust…world. Just list some new words I found interesting: De-leveraging This one is easy for me (because I don’t have much to leverage on). I was a little astonished by the leverage ratio of investment banks such… Continue reading De-leveraging, moral hazard, friends and recession