February 4, 2010

Better Way to invest your money

One of the most famous events in the gold market was its run to $850/oz back in 1980.
Almost three decades later, gold finally made a new all time high, but it was an all-time high in nominal terms. Adjusted for inflation, we’re still nowhere close to what we saw in 1980.That being said, it’s important to keep in mind that the 1980 peak was a speculative bubble and comparing today’s price, in either real or nominal terms, to that speculative peak is nearly worthless.

It’s like saying that home prices can go up another 100% from here because that’s where prices were in 2005. Or like arguing that JDS Uniphase stock could go back to $1,000 per share because that’s where it was trading during the heights of the dot-com bubble. We might still be a long way from the real highs in the gold market,so this may be your right time to buy buy gold bullion,because there are much better theses on which to base a bullish case for gold.

Keep your eye on both the investing public for hints at speculative demand and the Federal Reserve for guidance on monetary policy. If investors around the world do start really speculating on gold, you can see from that chart how high it might go. There have been an awful lot of great bull markets in history that have ended in speculative frenzies. But should the Fed start taking some of these dollars out of the system and tightening up monetary policy to bolster the strength of the dollar, it would very likely be very bad for gold.

Is Twitter really blocked in China??

Twitter co-founder Evan Williams today said he had been told that his microblogging service has been partially blocked in China but had no confirmation."That's what I've been told," he said, adding that he had "heard reports on that" but that the company did not have direct confirmation.Williams said that China can use a firewall to block access to the service."There are ways for users to get around it, but I'm not an expert on that," he said, on the sidelines of the World Economic Forum meeting in Davos.When asked about media reports that Twitter was developing ways to get around the firewall, Williams said he had been "misquoted.""We're not actively developing any way to get around it," he said, although he stressed that "we're for the free exchange of information."Asked if his company had noticed any cyber attacks, such as those launched against search engine giant Google from China, he said that no such moves had been detected.

Google will stop support for IE6

Google plans to suspend Microsoft’s Internet Explorer 6 (IE6) support for its Gmail and Calendar services. Starting March 1, the search engine giant will start scaling back IE6 support for Google Docs and Google Sites.The company has said that it plans to stop supporting older browsers for the rest of the Google Apps suite, including Gmail.Incidentally, IE6 is not the only browser Google will stop support for. On the company's no-support list along with IE6 are Mozilla's Firefox 2.0, Apple's Safari 2.0 and Google's own Chrome 3.0.

For once, Microsoft too agrees with Google. The software giant endorses Google's advice to drop IE6. In a blog post, Microsoft spokesman Brandon LeBlanc said that the company supports this recommendation to move off Internet Explorer 6.In January, an undisclosed vulnerability in IE 6 was used in attacks that reportedly targeted more than 20 US companies, including Google, which blamed China. The vulnerability has since been fixed by Microsoft.
 

Copyright 2007 All Right Reserved. shine-on design by Nurudin Jauhari. and Published on Free Templates