Moon Kil Woong
Moon Kil Woong
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Can These 5 Sluggish Newspaper Companies Survive The Digital Age? [View article]
6 High Yield Stocks To Avoid For Now [View article]
The Dollar Is Still China's Best friend [View article]
Investment Fund Blackrock's Top Buys in March 2011 Quarter [View article]
It is also interesting to note their foray into some of these smaller precious metals miners. I agree with them, gold and silver miners here are being overly punished given they all never sold at average prices on silver above $33 and above $1,400 and thus weren't really participating in the frothy tops before the precious metals meltdown which is a synthetically induced liquidity crisis caused by the CME. Prices will reverse and miners will continue to benefit from high gold, solver, and platinum prices.
BofA’s Legal Predicament [View article]
With No Exit Strategy, Bernanke's Fed Turns to Lobbying [View article]
Likewise, the US should bar the fed from lobbying since its purpose is purely to act on the behalf of the American public. But they argue thay are a normal private company. Normal is not the word for a private company backed by the US government with regulatory authority which a holds a monopoly on US bond sales. Furthermore, it is granted laws barring people from knowing who owns its shares, how it spends its money, and laws exempting it from public audits, reserve requirements, and every other financial rules known to man.
BlackRock Lands iShares for $13.5 Billion: Who's Next? [View article]
BlackRock Cuts $13.5 Billion Deal to Swallow Barclays Global Investors [View article]
Sadly, Washington favors the big. Only they can deliver the types of lobbiests that can feed insiders (rich ones with lots of dubious ways to circumvent legal restrictions).