The Gold Market
Looking at the charts is making it difficult to decide if gold is still in a bull market or if the bears now have it.
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Looking at the charts is making it difficult to decide if gold is still in a bull market or if the bears now have it.
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Three years ago this weekend, New Orleans and much of the Gulf Coast were in ruins after Hurricane Katrina. It’s only been in the last couple of months that The Museum of the American Cocktail was able to return to its home in New Orleans, just in time for the arrival of Hurricane Gustav. Museum co-founder Dale DeGroff brings us up to date on the Museum’s journey to Las Vegas and back home over the past three years, along with an update on New Orleans’s reconstruction. Of course, we couldn’t let this master mixologist get away without his favorite cocktail recipe…and he’ll share his method for the perfect Sazerac.
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Offshore and arctic drilling may be the only options remaining to prop up the dwindling Western oil supplies.
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Once the smoke from the financial crisis clears, the doors to new innovation and investment will be open to solve the current problems.
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The dollar is strengthening as fears of inflation are beginning to lessen. But now there’s deflation and decreasing commodity prices around the corner.
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August is historically a bad month for resource commodity stocks, but if you can ride it out, prices are sure to rise once again.
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Real estate developers are always looking for land to purchase. That makes land ownership a lucrative investment strategy.
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Many investors love commodities because they are simply controlled by the laws of supply and demand. Those key factors point us toward another bull market.
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Unless you work in the whisky industry, you’ve probably never heard of James Espey or Tom Jago. However, I’ll bet that you’ve had one of the whisky brands they’ve been responsible for creating over their decades in the business. Now, they’ve teamed up with Peter Fleck for The Last Drop, an ultra-premium blend with whiskies blended in 1972 and left in the corner of a warehouse ever since. It’s the first of what they promise will be a series of "gob-smacking" whiskies from The Last Drop. In the news, the final still is installed at Roseisle, Bruichladdich turns down bidders, and who tips better, Republicans or Democrats?
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The problems might not be over, but the hysteria has died down. Financial stocks became oversold and are now having a corrective rally. But don’t expect it to last.
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