Best of the Week: Silver’s Gone Parabolic Edition

April 28, 2011

After over a year of constant media attention and advertisements geared toward gold (It’s the End of America!, The world is crashing!, the dollar is collapsing! and so on), the real story all along has been silver.  As I outlined several times along the way, (here), (here), (here) and more, silver has been outperforming gold […]

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Crowd-Sourcing Fail

April 26, 2011

I read about the latest crowdsourcing initiative to be generating some buzz.  In this case, it’s a mortgage rate comparison tool which relies on reports from “the community” instead of the usual inputs that mortgage sites list.  The site is called SmartHippo with the tagline “join the herd, save money“.  The premise here is that […]

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Stop Whining About Gas Prices. Seriously

April 24, 2011

If I see one more jackass complain about spending $100 to fill a gas tank I’m gonna go medieval. Here’s why: We pay less for gas than most humans – Sure, some OPEC countries subsidize their gasoline even more than we do.  But, well, they live in pretty horrid conditions and we’re seeing how that […]

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3 Crazy Ideas from the iPhone Tracking Scandal

April 21, 2011

I just saw the news today (CNN) that my iPhone has been surreptitiously tracking my every move for the past 10 months.  My primary reaction is intrigue.  See, I don’t have anything to hide and if my wife felt like tracking my past history, I guess she might find out that I snuck a Starbucks […]

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Day-Trading is a Total Scam. Don’t Fall For the Pitch

April 20, 2011

I constantly hear radio spots for getting rich day-trading.  The claims on the commercials are so outrageous, I can’t even believe the FTC allows it.  If you listen to satellite radio at all, you’ll know exactly which ads I’m referring to; they play a repeating cycle virtually every commercial break.  They often start off with […]

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45% of Americans Paying NO Federal Taxes for 2010

April 18, 2011

Like a bad dream, each year, the headline surfaces from various tax foundations regarding how many Americans paid no federal taxes.  Last year it was 47%.  This year it’s 45%.  Same thing.  Millions of Americans, many of them earning six figures or more, will not pay a dime into the federal tax coffers this year.  […]

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