There is a definite connection between currency values and gold value, and if today’s movement on gold futures is any indication, the world is experiencing a major shift. According to Marketwatch, Gold for December delivery went up $7.20 per ounce to an all-time high of $1,405 early Monday on the Comex of the New York Mercantile Exchange. It soon peaked at a high of $1,407.20 per ounce.
Gold futures began the day on downward slope
Trading began Monday with a loss of as much as $10 from Friday’s closing price on gold futures ($1,397.70 per ounce). Not coincidentally, the currency value of [...]
Canada is now phasing out their penny following a few other countries who have decided a penny value is not worth much. Many in America have suggested we do the same. While this is not a news story, it reminded me of a math assignment I did as a kid and I want to do with all of you.
The Rules of The Game
The rules are simple, answer if you would rather have a penny that doubles in value every day for thirty days, or if you would rather have a million dollars. Don’t do the math yourself, just answer the [...]
People are always buried deep into some sort of debt. They take more credit to repay their mounting credit card bills. There is no way that can rescue these people from the troubles of debt. Sometimes, the outstanding balances give them a poor credit score that make them ineligible for other lines of credit. This forces them to take some self-initiated credit card debt reduction steps to improve the credit score.
Understand the basics of personal loans
Every now and then people need huge amount of cash. During this time, many of them look at personal loans as a safe alternative. However, [...]
I had only budgeted $250 for the trip to the vet, but the bill came to $500. An online search for a payday advance got me the money I needed.
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On the eve of the decade coming to an end, the government is about to bailout an auto finance giant. When will this stop?
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Healthcare costs are at an all time high. If you are not making a serious effort to stay healthy, you could wind up needing personal loans to deal with debt.
The days when Gulf States could borrow money easily has come to an end, and banks and institutions across the world are thinking twice before making any offers.