Archives for June 2014

June 2014 - Page 19 of 22 - Money Morning - Only the News You Can Profit From

With Toyota Gone, California's Loss Is Our Gain

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It's almost impossible to overstate the significance California has played in making Toyota a U.S. success.

The Japanese firm set up its headquarters in Hollywood back in 1957. It used its surging popularity in this car-crazy, trendsetting state to become not just a major American nameplate but a dominant global brand.

No wonder California leaders were so shocked when they recently learned that Toyota is pulling up stakes in the Golden State. Toyota now plans to build a new North American headquarters in Plano, Texas, taking 3,000 jobs with it.

This surprise decision sparked an intense political debate here in California in which critics accuse the state's leaders of pursuing a political agenda that is clearly anti-business.

That may very well be true, but behind the scenes there is a much larger dynamic taking place – the rise of a truly global marketplace.

And it's giving us a beautiful, long-term, market-crushing opportunity…

Does a Bitcoin Fund Belong in Your Retirement Account?

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With the Winklevoss Bitcoin ETF and SecondMarket's Bitcoin Investment Trust just months away from approval, it may be time to consider the addition of a Bitcoin fund to your retirement account.

Bitcoin, you see, can easily be considered an "alternative" investment. Many retirement investing experts advocate setting aside up to 10% of a portfolio for alternative investments, which covers almost any investment outside of stocks, bonds, or cash.

Here’s why a Bitcoin fund just may be the ideal alternative investment for your retirement account…

Stock Market Close Today Sees Another Record High for the Dow Jones

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Stock market today, June 5, 2014:Today's (Thursday) stock market close was in positive territory andthe Dow Jones Industrial Average reached a record high again after the European Central Bank announced plans to cut interest rates and possibly consider stimulus efforts. The ECB slashed its main refinancing rate to a historic low from 0.25% to 0.15%. It also cut its deposit rate to -0.1%.

Here’s the scorecard and today’s top stories:

Why Gold Mutual Funds Are Attractive Investments

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Gold mutual funds are gaining attention as a safe-haven investment to hedge against the market volatility 2014 has brought so far.

These types of investments are managed by professionals who analyze and monitor the movement of gold and invest accordingly in bullions and equities.

Here we examine one method for how to invest in gold, using gold mutual funds.

Plus we’ve highlighted a few to get you started today…

The Best Way to Profit from the Sprint (NYSE: S) and T-Mobile Deal

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Now that Sprint Corp. (NYSE: S) has agreed to pay more than $32 billion for T Mobile US Inc. (NYSE: TMUS), investors are looking for the best way to profit from this mega-deal.

And Money Morning's Chief Investment Strategist Keith Fitz-Gerald has found a hidden profit opportunity.

Fitz-Gerald appeared on CNBC's "Street Signs" Wednesday and detailed how investors can start profiting now from the Sprint and T Mobile deal. He also discussed the factors facing the deal as company officials seek regulatory approval.

Read More…

A Gold Price History from Nixon to Obama

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Analysts look to the gold price history as a tool to make predictions about the yellow metal's direction.

A good place to start when examining the gold price history is the 1970s. Up until the early '70s, gold prices hardly fluctuated by more than a dollar or two.

But U.S. President Richard Nixon, who was in office from 1969-1974, decoupled the dollar from gold in 1971 due to various economic pressures.

And this had a major effect on where gold went after that…

Dow Jones Futures Climb Today Ahead of Big Financial News

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Stock market news today, June 5, 2014: Dow Jones futures pointed toward a 0.02% gain on Thursday ahead of the highly anticipated policy statement from the European Central Bank (ECB). The rise comes fresh off of yesterday's (Wednesday's) notable surge, when the Dow Jones Industrial Average hit a new intraday high and the Standard & Poor's 500 Index hit its 16th record high of the year.

Here’s what you should know to make your Thursday profitable...

This "Boring" George Soros Play Could Double (Again)

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Good investing is boring. That's a favorite aphorism of billionaire investing icon George Soros. And it's a favorite of mine. I thought about this "Soros-ism" the other day – during a conversation with Christopher Skokna, a new associate editor who just joined me here at Money Map Press. With Fathers' Day approaching, we were talking […]

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