When gold stock companies fail to meet analyst earnings, the share price usually drops and life moves on after investors reevaluate their investment decisions. This is the normal procedure for companies that seem to rely on the gold price as a main source of revenue. How then, one must ask, did Yamana report net earnings of $9.6 million, or $0.01 per share and not get its share price butchered. This is significantly lower than earnings of $42 million, or $0.06 per share, for the second quarter of 2008. Earnings represent a 77% drop!

The reason is simple: forecasts and unique conditions. Let us begin with the first reason of the future of the company. With a high gold price that seems to have no ceiling, the company’s revenues are expected to be quite strong in the near future. Also, the company reported production of 289,574 gold equivalent ounces at cash costs of $387 per gold equivalent ounce. The company also mined 35.6 million pounds of copper at a cost of roughly $0.91 per pound. The quarter’s production totals were lower than analyst expectations by about 30,000 gold ounces. In the next quarter Yamana will most likely make up for this downward bias in its production. Continue reading ‘Gold Stock Earnings and the Effects of a Booming Gold Price’ »

Their claims are backed up by credentials, history, and client testimonials. They explain that they’re almost near the cutoff, as they don’t want the information getting out to too many investors, and offer you a $1 trial for two weeks.

Yet once you actually sign up for the newsletter, all you get is half-baked information and uneducated picks. You try to cancel your “trial,” and you find getting your subscription cancelled is nearly impossible. As unscrupulous as this sounds, this type of day trading newsletter story is all too common in the day trading world. Continue reading ‘Day Trading Newsletters – Another Dirty Business?’ »

Penny Stock Prophet is one of the latest options in the stock picker market niche. If you are looking to make some money in the stock market without devoting the time or having the knowledge which professionals have and use, this is a good option for you. There are some things to know about the stock picker before you get it, though.

Penny Stock Prophet is a penny stock generator, meaning that it analyzes real time market data, specifically penny stocks, and from that is able to find penny or cheap stocks which are set to go on profitable jumps. It does this by taking the entire past scope of the market into account because the market repeats itself every several years, so every time that it analyzes real time market data it looks for similarities/overlaps from the past and that works exceptionally well. Continue reading ‘Review of the Stock Picker Penny Stock Prophet – What You Need to Know’ »

Social Security is a benefit program sponsored by the federal government in the US which provides a number of benefits for the older adults.

According to recent surveys, more than 3 million retirees and aged Americans are opting for Social Security benefits. Additionally you can as well supplement the benefits with other retirement plans like stock investments, annuities, IRAs, real estate investments, 401k plans and so on. This will add to your savings and make you more financially dependent. In most cases, the benefits comprise pensions, retirement incomes, benefits for the disabled and so on. Continue reading ‘Social Security Retirement Benefits’ »

In today’s crazy interest rate world, investors are searching high and low for more interest income. One place to find it is in high-income bond mutual funds called HIGH YIELD bond funds. Let’s look at June of 2009. If you required a real high degree of safety, you could get a bit over 2% a year if you tied your money up for 5 years in a bank CD. If you were willing to accept a moderate level of risk, many bond funds were yielding (paying) 5% or 6%. High yield bond funds were also available from large mutual fund companies that offered yields of 10% and more.

How can a bond fund pay interest rate yields of 10% when interest rates are near historical lows? These high yield bond funds invest in lower-quality bonds, sometimes referred to as “junk”. Hence, the term often used to describe these mutual funds is JUNK BOND FUNDS. At the one extreme you have high quality “investment grade” bonds and bond funds. These are issued by entities with very high credit ratings, and the risk of default to investors is low. Continue reading ‘High Income Bonds and Bond Funds’ »

If you’re looking for the best way to begin saving for your retirement, contributing a percentage of your income into a Roth IRA account is a popular and fruitful choice among many citizens. Below you will find some helpful information regarding the Roth IRA rules.

It’s possible to watch your earnings grow tax-free with a Roth IRA account, as the money you put into this individual retirement account is non-deductible. Continue reading ‘Learning More About Roth IRA Rules’ »

Article 1, Section 8, Clause 5 of the Constitution of the United States of America grants Congress the “power to coin money” and Article 1, Section 10, Clause 1 specifies that “No state shall… coin money: emit Bills of Credit; make anything but gold and silver coin a Tender in Payment of Debt.”

The Constitution clearly states that money is to be coined and that only gold and silver coin (I.E. real money) is a tender in payment of debt. Note that Congress was granted the power only to coin money, not to print it. They were granted the power to borrow money, not to loan it. Continue reading ‘Silver, The Affordable Real Money’ »

Don’t let anyone ever tell you the futures game is easy. I’ve been speculating in futures for 18 years, and it took me most of that time before I had any degree of success. I attribute successful futures trading to following certain steps. My guess is that these steps will work for you, too.

Step 1: Have a Plan

I’ve never seen someone build a house without detailed drawings, and I bet you haven’t either. To build a house, you need a plan. The same holds true for speculating in the futures market. Your opponent, the market, has a plan – to take all your money – so you need one, too. Continue reading ‘100% Annual Returns in the Futures Market – How You Can Do It’ »

David interviews Mark McRae about why he does other things besides simply the business of trading.

Mark: I remember there was a friend of mine who wanted to get into trading, and he wanted to know if it was hard or difficult, and I said to him, “I’m actually psychic. I’ll prove it to you, I’ll show you how easy this market is.” It was the first Friday of the month, and it was 8:30, New York time, and I put him down on the market and said, “In thirty seconds, this market is going to shoot up — or down, but it is definitely going to go one way”, and he said “I don’t believe you.” Continue reading ‘Lifestyle Behind the Business of Trading’ »

Target retirement funds are mutual funds that do it all for you … one stop shopping. You tell them when you plan to retire, and they manage your money in a diversified investment portfolio that gets more conservative as your retirement date approaches. Once you retire, your money is managed conservatively for you.

That’s their story, and unfortunately they are sticking with it. I suggest you look before you leap. Your idea of conservative might differ from theirs. For example, let’s say that you plan to retire in 5 to 10 years. What percent of your retirement nest egg do you want at risk in the stock market? Or, if you plan to retire in 30 years, what’s your comfort level with owning stocks? How about when you are already retired? Continue reading ‘Target Retirement Funds – Look Before You Leap!’ »