Today the oil price has breached its recent record and went up to US$ 143/barrell, which is no a little bit scary. Of course, this came as a reaction to the Iran’s threats of disrupting the supplies. However, it is not the only bad news for the daily investors.Read More »Oil prices up again, inflation specter on the horizon
Let’s be honest and face it – the big shots, the people who did a hell of a lot of money from their investments, will rarely go public about their methods. Yet Warren Buffet, the Sage of Omaha, has constantly promoted transparency and openness in investing for more than 40 years.
How did Warren do it without damaging his investments?Read More »Famous investors (1) – Warren Buffet and his lessons in investments
Everybody knows that from the beginning of this month the oil price has breached a new record:
Oil soared by more than $6 a barrel to over $134 on Friday June 6, bringing gains in the last two days to $12 as the dollar weakened further on a jump in the jobless rate in the United States.
On Friday, June 6 2008, a striking piece of news came sharply on the market. The U.S. employers shed jobs for a fifth straight month in a row. The May unemployment rate jumped to its highest in more than 3-1/2 years, partly because more people were trying to come back into the workforce, a Labor Department report released Friday showed.