Don’t Give Up Your Gold

November 18th, 2022 by admin No comments »

Gold is not dead.

Just ask Germany.

Germany’s Bundesbank recently announced that it finished its transfer of $13 billion in gold bars that had been stored in vaults under Lower Manhattan, bringing the metal back home again. The country had started repatriating its gold in 2013 with the goal of storing 50% of its reserves in Frankfurt once again.

When the gold transfer is complete, Germany will have removed all the gold it stored in Paris, left behind only 13% of its reserves in London and approximately one-third of its reserves in New York.

With the rise of cryptocurrencies – such as bitcoin – and digital cash, such as PayPal, Apple Pay and other apps, there has been a steady drop in the use of physical cash, making the yellow metal feel downright archaic.

But gold holds a special status, stronger than even the couple twenties in your wallet right now. The precious metal offers a blanket of safety and security. It is seen as more trustworthy than any government-issued currency.

Just look at the euro – a currency for a union of countries that is threatening to tear apart. (Germany certainly feels better having its gold home again.)

Or even the U.S. dollar – a currency backed by roughly $20 trillion in debt.

Not only is gold alive and kicking, but it needs to play an important role in your portfolio…

Let me just start with this: I’m not a goldbug.

I’m a trader, first and foremost, and usually with a short time frame as my target. I was raised on the versatility of options and the quick trade for nice profits. I don’t care whether the market is bull, bear, or – shudder to think – range-bound. There’s always a way to make a profit if you know where to look.

2013 Retail Christmas Shopping Season – What Are We Looking At?

April 22nd, 2022 by admin No comments »

Cyber Monday and the few days leading up to Black Friday showed gains over the 2012 figures, decent gains, but still along the expected trend line, no major breakouts or attempts to go hyperbolic. And of course, we don’t have any figures for electronic money like BitCoin transactions in these 2013 numbers, but you can bet major retailers are considering ways to tap into that, just as our politicians in Washington DC will soon try to figure out how to tax those secure transactions.

The 2013 Christmas shopping season might be bad for a few reasons; late Thanksgiving, fewer days of shopping, weather, and consumers feeling poor knowing ObamaCare will cost them more, so the Middle Class might be more prudent and go light on shopping – right now everyone is counting on the Credit Card companies loosening the reigns to promote consumer buying – I wonder if that will help as much as Wall Street and retailers hope. If retail sales tank, our stock market pull-back could come sooner than later, another jobs hit with layoffs and seasonal workers all out of work at the same time.

The Wall Street Journal reporting that sales were expected to grow 3-4% over those of 2012 Christmas Season in an article; “Sales Brighten Holiday Mood” by Josh Mitchell and Shelly Banjo, which stated, you know “that government shutdown? Consumers shrugged it off, mostly.” Now then, back to the ObamaCare issue, Wal-Mart noted that their surveys and sales figures show that the consumers are tapped out and their spendable income has dwindled – one common comment is the cost of health care increases are making it harder for people to buy things, less money.

Personally, I do not see this Christmas Season as breaking any speed records, but it is nice to see all the retailers ramping up with seasonal hiring, which helps unemployment numbers temporarily – which helps consumer confidence, but there is a difference between temporary good news and actual spendable money in one’s pocket. What about Credit Card Companies?

Yes, people spend for Christmas presents on credit card, and that probably makes them feel good from their depression of lack of cash, but how much will they blow during this holiday season as they watch their family’s costs increase to the point of overwhelming there dwindling income as their hours are cut, again due to ObamaCare. In closing do not expect a huge Christmas buying season, but it won’t be a disaster either. Please consider this and look on the bright side.

How The Reputation Management Affects Your Business

March 18th, 2022 by admin No comments »

Is it true that you are keen on finding out about dealing with your standing? Have you been searching for accommodating and solid data? Indeed, this article will ensure you get a few strong ideas. It will assist you with sorting out some way to more readily deal with your standing.

Posting data via online media locales is essential to your business’ standing. You should post a few times each week at any rate to actually run an advertising effort. Assuming you see that posting via online media locales is overpowering, consider recruiting an aide to make your posts for you.

At the point when individuals invest in some opportunity to offer something about your business, it is vital that you are sufficiently gracious to answer. While you might be an extremely bustling individual, it shows your crowd that you really care about them and what they need to say. This is imperative to keep a consistent client base.

At the point when you talk with your crowd, ensure that you do as such in a conversational tone. Individuals try to avoid the possibility of entrepreneurs continuously addressing them with promoting to them. While you would like to make a deal, you ought to never cause a client to feel like this is your main concern.

Be grateful. Assuming somebody leaves a decent audit about your organization, send them an individual message and express gratitude toward them for their criticism. On the off chance that conceivable, send your client a coupon for a specific percent off on their next buy as a much obliged. In the event that this is preposterous, earnestly say thanks to them for their input.

Assuming you will utilize anybody’s thoughts, you ought to constantly make a point to give them credit for that. Everybody out there can advance a little from others, so giving due credit will show individuals that you don’t think you are over that. This is an extraordinary method for getting their appreciation.