Gold futures have been trending up for the last few months due mostly to a weak US dollar, and today closed above th $1,017 mark. The gain occured as the Euro gained in late Friday trading. “Gold and silver responded accordingly,” said Andrew Montano, director of precious metals at Scotia Mocatta. Investors often turn to gold as a hedge against dollar weakness.
Platinum and silver rose as well.
Conventional wisdom is that investors buy gold as a safety net, and as long as the recession continues buyers may outpace sellers.
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Walmart.com announced today that it will begin carrying 1 million new items with the addition of it’s new Walmart Marketplace. The additional products will come from a number of sites including well known etailers like eBags, CSN Stores and Pro Team.
“This will have a significant impact on eBags and will help further solidify eBags as the place to go for luggage”, according to Eliot Cobb, of Denver CO, a Co-founder of eBags, and the original CFO. “It’s also coming at a perfect time for the upcoming Christmas Holiday and should have a direct impact of eBags Holiday quarter sales.
For more information see the attached press release:
Continue reading ‘Walmart Adds 1 Million New Items Including eBags.com’
Great article on links. Things to look for: site-performance, relevancy, age of link, age of site and context of link.
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Going on an inbound link crusade is a great idea, but before you go crazy finding as many links as
possible, remember quality counts. Inbound, relevant links on quality sites are better than many general, low quality links and will have a better impact on your organic search rankings, which will ultimately drive traffic to your website.
RankFanatic.com tracks a number of important statistics including Average Page Views. Of the top websites: Surprisingly myspace has the highest average page views on the top sites at 18.5, followed by youtube at 15.8, and facebook at 12.9. The others are as follows
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By: Tim Ferris
Intro
1. Write down the positives of whatever you’ve been viewing as a negative.
2. Consider the negatives of the opposites.
3. Look for dark horse role models.
The amazing Olympic hopeful Oscar Pistorius. Alibaba.com, which pairs non-Chinese companies with Chinese suppliers, rode its IPO to a $26-billion valuation. Its founder, Jack Ma, explains his secret for success:
There were three reasons why we survived. We had no money, we had no technology, and we had no plan. Every dollar, we used very carefully.
Read that one again.
Excuses not to jump into the unknown are a dime a dozen. In the case of entrepreneurship, the “I don’t have” list — I don’t have funding, I don’t connections, etc. — is a popular write-off for inaction.
Continue reading ‘3 Tips for Turning Lack of Resources into Strength’
Oil prices closed at $71 today after getting close to the $72 a barrel price. Economists say that increased demand is impacting the inventory of oil which in turn is increasing the price. Expectations are that the price could go to $80. But on the contrary side, a higher price of Oil could stabilize or reduce oil demand, and the resulting price of Oil may not go higher.
The price of a barrel was around $45 at the beginning of 2009. After almost six months Oil has risen over 50%. This kind of increase could jeopardize the US recovery depending on what happens in the future
It’s Not Your Money!
There’s a lot of talk about stimulus using Government money to bail out the economy. But will this really work. And who’s actually paying for this. When do we get a say?
Barack Obama claims that the House of Representatives’ new stimulus plan is needed to save the economy. Democrats promise to be “creating or saving of four million jobs.” News media report in all seriousness: “The democrats vow no earmarks or special projects will be attached to the bill. The focus is on jobs.” Also “more than 90 percent of the jobs created are likely to be in the private sector.”
