Aug
15
2008
Few are aware that America may be on the brink of a financial meltdown. I.O.U.S.A. explores the country’s shocking current fiscal condition and ways to avoid a national economic disaster.
The Economist (print edition), Fiscal Armageddon, Coming to a Cinema Near You
http://www.iousathemovie.com/press/armageddon/
Aug
15
2008
Gold
Both gold and silver gave back the previous day’s gains yesterday on the COMEX. Gold finished trading in New York on Friday at $808.30, down $17.20 and silver was down 58 cents to $14.23. Gold continued to fall in Asian and early European trading and is trading at $782.80/783.40 per ounce (1100 GMT).
The bloodbath in [...]
Aug
15
2008
Research by Skandia has revealed that the majority of IFAs intend to shift away from commission-based remuneration over the next three years.
From IFAonline.co.uk:
The firm says the proportion of intermediaries selecting the fund-based fee option on its capital and income bond product has doubled from 22% in 2005 to 44% last year. Meanwhile, the average level of initial [...]