March 2008 - Page 5 of 16 - Money Morning - Only the News You Can Profit From

Three Ways to Own Silver Before it Reaches $30

Leprechaun investors found their pot of gold four days before St. Patrick's Day, when gold broke the historic $1,000 an ounce mark. The chief reason for gold's ascent is simple. Gold is a "safe haven." When economic and geopolitical turmoil rears up, investors scurry for gold. And the billions in subprime write-downs and the failing […]

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Russian Steelmaker Severstal Forges Deal for the Historic Sparrows Point Mill Near Baltimore

By William Patalon III Executive Editor Money Morning/The Money Map Report Russian steelmaker OAO Severstal said today (Friday) that it's agreed to acquire ArcelorMittal (MT) SA's historic Sparrows Point steel mill near Baltimore, in an $810 million deal that will expand its U.S. reach. It expects to conclude the all-cash deal in the second quarter. […]

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CITIC Securities Backs Out on Bear Stearns

By Jennifer YousfiManaging Editor CITIC Securities Company Limited, which recently announced it would not be pursuing its cross-investment strategy with The Bear Stearns Cos. Inc. (BSC), probably feels like it dodged a bullet. The original deal, first mentioned in October 2008, had CITIC, the security firm subsidiary of China's state-controlled CITIC Group, making a $1 […]

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Four Rules That Will Protect Your Wealth and Boost Your Profits Even if We're Battling the British Contagion

By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report With the recent market collapse, the subsequent U.S. Federal Reserve-negotiated sale of The Bear Stearns Cos. Inc. (BSC), and a central bank that's socializing trillions of dollars in debt in a misguided attempt to "fix" the credit crisis, many investors are very astutely asking: How […]

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Commodities Fall Out of Favor as the Dollar Strengthens

By Jason Simpkins Associate Editor Commodities, which have been some of the most profitable investments of the past 18 months, tumbled yesterday (Thursday). Oil and gold were just a few of the raw materials whose prices plummeted on speculation that demand will slacken and the dollar will rebound in coming months. Crude oil fell below […]

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Global Investing Roundups

Wall St. Takes Good Friday Off; Intel Kicks Dividend up 10%; Borders Halts Dividend; Verizon and AT&T Bid Big; Leading Economic Index Lags; Pepsi Juices Russia's Market; Unemployment Gathers Steam; FedEx Fails to Deliver The U.S. markets closed the week yesterday (Thursday) in observance of the Good Friday holiday, today. The blue-chip Dow Jones Industrial […]

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