Dr. Rick C. Ernst
Coaching The Affluent To A Fulfilling Life
of Peace, Passion, Profits And Philanthropy.
TheBestCoach.Com

Forget about investing in kids. They should have chosen their parents better …
www.pennlive.com

The modern economy demands highly skilled workers, but many children from less affluent homes are handicapped before they even enter first grade. They haven't been frequent visitors to libraries, museums and zoos. They haven't grown up in … Most of …

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Consumer Spending Trends: What is the Biggest Back-to-School Expense?
www.millionairecorner.com

Almost half (45 percent) of Affluent investors will spend most of their back-to-school dollars on clothes, according to a new consumer spending trends survey conducted by Spectrem's Millionaire Corner. Outside of tuition, clothes are the biggest back …

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Canadian Stocks Snap Two-Day Gain as Gold, Energy Producers Drop
www.bloomberg.com

Canadian stocks fell for the first time in three days, led lower by precious metals producers and energy companies as commodities extended declines. Barrick Gold Corp. (ABX) and Yamana Gold Inc. retreated at least 5.6 percent as gold headed for a sixth …

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US Stocks Retreat With Treasuries, Gold as Euro Climbs
www.bloomberg.com

Oil decreased 1.1 percent, reversing earlier gains, while gold futures lost 1.3 percent. The U.S. trade deficit narrowed more than forecast in June to the lowest level since October 2009 as crude oil imports declined and American companies shipped more …

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INTERVIEW: USAGX's Denbow: Gold Range-Bound For Medium Term But Long …
www.forbes.com

(Kitco News) – Gold may remain range-bound in the medium term but ultimately should find further support since the world's major central banks continue “printing money,” fueling potential for inflation, says the portfolio manager of a large gold mutual …

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A.M. Kitco Metals Roundup: Gold Lower, Falls Below $1300, On More Technical …
www.forbes.com

(Kitco News) – Comex gold futures prices are lower, hovering near a three-week low and have dropped below the $1,300.00 level in early morning U.S. trading Tuesday. A lack of fresh, market-moving fundamental inputs early this week is allowing the …

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What's Moving The Price Of Gold?
www.forbes.com

In part one of my series on gold, Was Gold In A Bubble, I discussed why I thought that the gold price had gotten ahead of itself, like any asset in a bull market, but was not in a bubble. I compared it with bubbles of years past and showed the …

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PRECIOUS-Gold slides to 2-1/2 week low on upbeat economic data
www.reuters.com

LONDON, Aug 6 (Reuters) – Gold extended losses to a 2-1/2-week low on Tuesday, as data showing economic growth on both sides of the Atlantic dented the metal's appeal as a safe haven and triggered technical selling. The figures showed U.S. trade …

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A Double-Hedged Sword for Gold Miners
online.wsj.com

First, locking in a price for gold limits potential profit gains. Second, the sector's history with hedging hasn't been happy. Once the bull market in gold got going in 1999, many hedge books became a drag on profits. Investors cheered in 2009 when …

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