Tuesday, June 28, 2011

A Bumpy Ride

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Today's headlines:


GOOG Launches Facebook Competitor, Touts Privacy
Can Google catch up to Facebook? A look at its chances with the new product.

'Farmville' Creator Seeks IPO At $15-20b Valuation
With LinkedIn and Pandora gone public, and Groupon filing to do the same, investors are waiting for the next big Internet IPO. Here it is: Zynga, creator of Farmville.

Greece Shuts Down as Protests Swell
Life in Greece was severely disrupted today as unions unleashed an organized, 48-hour strike in Athens to protest austerity measures.

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Gold Will Double in 5 Years, Holmes Says
Frank Holmes of US Global Investors discusses how gold prices will soar based on seasonal investing and double by 2016.

The Dow's 3 Most Reliable Stocks
Regardless of the environment, these blue chips have proven they can consistently grow earnings.

Leading China Solar Companies Looking Up
Guest contributor Brianna Panzica looks at two China-based solar companies and their plans for future revenue growth.

Taking Advantage of the Drop in Gold Stocks
Analyst Greg McCoach warns investors of continued market volatility and explains how to profit during these uncertain times.

Debt woes

The author of the following quote is unknown, but it's quite relevant today.

"The only man who sticks closer to you in adversity than a friend is a creditor."

Reminds me of that old saying along the lines of, "If I owe you $10, that's my problem. If I owe you $1,000,000, the problem is yours."

Tack on a few extra zeros to the sums, and the adage is more relevant than ever. In Greece and beyond.

Regards,

Adam Sharp
Editor, Wealth Wire

P.S. The Fed's QE2 ends June 30. Hard to say exactly what will happen once the flood of loose money slows down. The next few months could be a bit bumpy.




More than a Trillion Barrels

The biggest oil reserve ever discovered isn't in the Middle East or Russia...

It's just a few hours north of the U.S.-Canada border.

And it's chock-full of 1.7 trillion barrels of crude — enough to keep America running at full speed for more than 50 years.

The catch: Just one company holds the key to this reserve. Find out its name right here.




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