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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…

  • Featured Story

    Will the Debt Ceiling be Good for Gold and Silver?

    Investors preparing for Washington's budget battle need to know: Will the debt ceiling be good for gold and silver?

    Thanks to recent legislation passed in the U.S. House of Representatives Wednesday, the debt ceiling could be extended until May 19. The bill now moves onto the Senate where it is expected to get the green light, then should be signed quickly by U.S. President Barack Obama.

    That gives investors time to prepare for what any budget decision - or indecision - out of Washington will do for their investments.

    While the bill leaves the government without a long-term budget strategy, investors ought to have a plan in place.

    One thing they can plan on is higher silver and gold, and here's why.

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