Daily Investment Tips

Over at Guardian UK Newspaper there is a fascinating piece about Giant American Bank JP Morgan Chase.

According to the Guardian article, JP Morgan is sitting on what is estimated to be 3.3bn ounce short position in silver. And someone has devised a plan on how to punish JP Morgan. If you are all for robbing the rich then keep reading.

Max Keiser Silver Campaign

The author of the article, Max Keiser is leading a campaign to buy Silver so that JP Morgan Chase may go burst. They even have done mathematics of how this will work.

We posited that if 5% of the world’s population each bought a one-ounce coin of silver, JP Morgan would be forced to cover their shorts – an estimated $1.5tn liability – against their market capital of $150bn, and the company would therefore go bankrupt.

The Coming JP Morgan Chase Bankruptcy: Bail Out

You might dismiss this campaign as pure lunacy but it seems to be working,

Right now, silver eagle sales for the month of November hit an all-time record high and the availability of silver on a wholesale level is drying up. The most important indicator is the price itself – holding just under a 30-year high. With each uptick JP Morgan gets closer to going bust or requiring a bailout.

Max even made a close that would make any sales manager proud,

If anyone is interested in helping to crash JP Morgan, buy silver. In the end, it’s about transferring wealth back to the people from where it came.

written by Constantine Njeru \\ tags: Bailout, Bankruptcy, Bust, Eagle Sales, Giant, Guardian Article, Guardian Uk, Jp Morgan, Jp Morgan Chase, Kaiser, Lunacy, Mathematics, Max Keiser, Month Of November, Morgan Silver, Ounce, Short Position, Silver Eagle, Time Record, Uptick, Wholesale Level

Caitlin Burke amazingly solved a seven-word puzzle with just one letter! Was the girl lucky, is she genius or was the whole thing fixed?

In a CBS early morning show interview the 26 year old confessed her secret.

Burke pointed out while growing up she played both “Jeopardy!” and “Wheel of Fortune” with her father.

As to how she knew the answer,

“Just years of practice and watching,” she said. “I don’t know, you just try to instantly think of — instead of getting so caught up on the letters on the board, rather than thinking this is a phrase. Seven letters, that’s a phrase. How many of those do you know that start with ‘I.’ I’ve had the time of my life.”

Read the rest of the interview at CBS early morning

Burke won a trip to the Caribbean and $53,618.

written by Constantine Njeru \\ tags: Caitlin, Caribbean, Cbs, Cbs Early Morning Show, Early Morning Show, Genius, Jeopardy, Phrase, Seven Letters, Time Of My Life, Wheel, Wheel Fortune, Wheel Of Fortune, Word Puzzle

Everyone who wants to be rich is always looking for that brilliant business idea that will make him or her rich. Your idea doesn’t have to be clever to make you rich, some times even a stupid idea can turn out to be a winning idea.

I just read an article stupid business ideas that made someone rich. The following were my favorite silly business ideas from the list :-

1. SantaMail

Back in 2001 Byron Reese set camp in North Pole, Alaka and pretended to be Santa Claus and charge parents 10 bucks for every letter he sent their kids. Since then he has sent over 200000 letters, which makes him a couple million dollars richer.

2. Doggles

Doggles is a name for dog goggles / sunglasses. The founders sell them all over the world.

written by Constantine Njeru \\ tags: Alaka, Brilliant Business, Business Idea, Business Ideas, Business List, Charge Parents, Doggles, Founders, Goggles, Million Dollars, North Pole, People, Reese, Santa Claus, Santamail, Silly Ideas, Stupid Idea, Sunglasses

I have always heard that football is big business. Alot of money is flowing into football clubs in terms of Television rights and sponsorship. Then I came across the following question:-

Q: How do you make a small fortune investing in football?

A: Start with a large fortune.

It would be a ridiculous idea to invest your money in football if you are looking to make a profit. The model is a failure as even success can’t guarantee profitability. Just look at the financial books of the so called successful football clubs, Liverpool, Manchester united, Real Madrid, Barcelona, & AC Milan. The profits are not there, players’ salary is ridiculous and cost of running the business is too high to be profitable. Even for clubs that report abook profit, deduct interest payments + annual loan payments and the club is money loser

People making Money In Football

The happiest people in football are the banks. They are making millions in interest payments. Another group making money is any Pay TV company that a significant monopoly on rights.

If you want a piece of football money maybe you should be looking into bank shares or Pay T.V. shares.

written by Constantine Njeru \\ tags: Ac Milan, Alot Of Money, Amp Ac, Banks, Financial Books, Football Clubs, Interest Payments, Liverpool, Loan Payments, Manchester United, Money Loser, Monopoly, Pay Tv, Profitability, Profits, Real Madrid Barcelona, Ridiculous Idea, Salary, Small Fortune, Sponsorship, Television Rights, Tv Company

In this Era of America Deficits one man who knows how to finance a deficit has to be Alan Greenspan. The following old cartoon explains it all:-

Image courtesy of Wallstreetfollies

Dont Stop Printing that money, Alan. We?e depending on you!

written by Constantine Njeru \\ tags: Alan Greenspan, Caption, Era, Funny Cartoon, Printing Money