It’s been an interesting week the world of ETFs: Gold finished the week around $1045/oz and President Obama won the Nobel Peace Prize. Here are the ETF Database staff picks of the week’s most important and interesting stories from around the Web:
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U.S. investors must be beginning to feel as if they’re plugging holes on a sinking ship: as soon as one breach is remedied, another bursts open. It appears that the worst of the recession is behind us, as consumer confidence (and more importantly, spending) have begun to show signs of life. But now the U.S. [...]
Gold is quickly approaching its 52 week high of $1,011/oz after finishing up more than $19 at the end of trading on Thursday. The yellow metal, which is traditionally an inflation hedge and a safe store of value in difficult times, has gained close to $50 an ounce this week alone and is threatening to [...]
On September 4th and 5th the finance ministers and central bank governors of the 19 most powerful countries (along with the finance minister and central bank governor of the European Union) will meet in London to discuss preliminary ideas for preventing another financial crisis and steps for removing the trillions of stimulus dollars from the [...]
Even the most vocal supporters of passive management and indexing have to admit that certain investor track records are far too stellar to attribute entirely to luck. While I’ve frequently disparaged the concept of active investing, I’m still eager to hear what trends legendary investors are following. The Wall Street Journal’s Gregory Zuckerman recently compiled some [...]