Buying Gold Online!

Are you looking for a pace to buy gold coins and jewellery online? If so you need to check out the Australian Bullion Company. These guy’s are a well established company located in Australia. From what I’ve read on their website they have been in business for over 30 years. So I would think they just might know a thing or two when it comes to gold and jewellery.

I read on their site that you can buy gold bar Australia from them. I also read on their site that they offer world class products, as well as personal service. So if your interested in purchasing quality and well craftsmanship products check them out today. As always make sure you read all the small print and make sure you have a good understanding what your about to buy. Gold isn’t cheap, so make sure you research before you buy.

The SEC Failed!

The Securities and Exchange Commission has failed all Americans and investors worldwide. They failed us because they put to much trust in these fat cats on Wall Street, like Bernard L. Madoff who ran the biggest Ponzi scheme in U.S. history. And the next question the SEC should ask themselves is, who else is doing this? The SEC regulators in charge of watching over people like Bernard L. Madoff should be terminated immediately. They’re weren’t doing their job then and they’re not doing it know, so cut them. And the whole crazy thing about all this is that the SEC didn’t even catch him, his family turned him in. If SEC Chairman Christopher Cox doesn’t act fast he should too. After all he should be making sure the people that work for him should be doing their jobs. If you ask me, I would be willing to bet that a few SEC regulators looked the other way to fatten their pockets, nothing surprises me these days.

Tags: Bernard L. Madoff, SEC, SEC Chairman Christopher Cox

No Idea Why!

I’m sure that most of you have already heard about Ex-NASDAQ chairman Bernard L. Madoff was arrested on a securities fraud charge. He’s being accused of running a “Ponzi scheme” to the tone of $50 billion. Anyway that’s what he thinks the amount was. The amount investigators say is around $18 billion in cash. I would be willing to bet that no one will ever really know the amount, because of the size of the fraud. And the real dumb thing about all this is that some of the investors always thought that Madoff, 70, was doing something wrong, and that’s why they invested with him. But they thought maybe insider trading because of the results he was producing, but that wasn’t the case. If you have no idea what a “Ponzi scheme” I will do my best to tell you. It’s when you get about 100 of your family and friends to invest $1,000 up front. Then you just simply send them a statement every quarter stated that their invested made 1 or 2 percent. You keep the amount just low enough to keep them happy and to make sure they keep their money with you. Then as you send them their statement every quarter showing increases they start getting happier. Then they start telling their friends and family to invest into the fund, and then it begins to grow. I boy did it grow, somewhere in the middle of $18 to $50 billion. The problem for Madoff was when clients started to ask for their money to be pulled out. And when he no longer could cover the withdraws any anymore, it fell apart. He’s now looking at 20 years in prison for what he did. He want to head on over to MBT shoes to pick a new pair for court. Anyway, why he did this crime is anyone’s guess at this point. There’s more to this story but I will wrap it up with this, don’t trust any investor, invest on your own.

Tags: Securities Fraud

Ford Motor!

It seems that Ford Motor Co. will try to make it on it’s own. The advantage Ford has over General Motors Corp. and Chrysler LLC is that they have been fixing their problems since 2005. They saw the need to make changes back then, and now it’s paying off for them. I remember back in 2005 when Ford starting to cut jobs and close factories. A lot people thought the company was going to fall apart or be sold off. But that never happened, they we’re doing what any small business owner would have done, try to fix themselves. If Ford pulls through this recession on their own, without taking any bailout money they will once again be the leaders in the auto industry. The American people will look at Ford a lot differently if they can do it on their own, I sure will. We really won’t know if they can make it on their own as of yet. They say they can, but we’ll have to wait and see.

Tags: Automakers, Ford Motor Co.