Welcome to Festival of Stocks #7, hosted at GoldStockBull. This week’s edition will be short and sweet, but is filled with good content. To find out how to participate and host this carnival event, go to the home page of Festival of Stocks. If you haven’t subscribed to our email yet, please do so and you will be entered in our contest to win a 10-ounce silver bar. Enjoy!
Ralph Morgan presents posted at Enough Wealth, saying, “The trend in home loan defaults is a bit worrying, and may impact bank profits in the medium term – perhaps now is the time to lighten exposure to bank stocks.”
Tyler presents posted at . With a P/E Ratio under 9 and dividend yield of about 9%, Tyler takes a look at Southern Peru Copper. We like Taseko Mines (TGB) for a high-potential copper play.
I like Apple, love my G4 and think they are a good buy in current market conditions. However, as many of our readers are aware, we think the market is ready for a crash and Apple will come down with it. Goldguru says… protect your portfolio by diversifying into gold, silver and energy.
Johns writes posted at , saying, “Mutual-fund company stocks are defeating the funds they manage. You can take a look at the 20.8% gain posted by an index of 20 fund�’manager stocks from January 1 through the end of second week of October.”
Drizzt posted at . This chart shows how the Dow (when priced in gold) is actually still in a downtrend. This chart reminds me of an older piece that we did showing Consumer Prices Down 50% Over Last 5 years! (when priced in gold).
Frugal writes posted at , citing an example from the mortgage business, “Between CountryWide and Mortgage Capital, there is about $5000 difference in the amount that they charge customers (for fixed loan terms). However, CountryWide certainly is not running out of customers. What is the lesson here?”
That concludes Festival of Stocks #7. Thanks for stopping by and please remember to check out Festival of Stocks Home Page for more information.