Facebook Snaps a $1-Billion Photo

"What made Instagram worth $1 billion to Facebook?" When asked this question recently, I responded with an immediate, "Nothing." I'm not usually so terse or emphatic with my answers, as any longtime reader knows. But in this case,…

The Fed Resumes “Printing”

One conclusion from the Fed's actions is that it doesn't care as much about its inflation target as it does about improving the unemployment rate. Thus, it will err on the side of letting inflation rise, if it would improve unemployment.…

India: Land of Energy Opportunity

Quick, what country is the economic engine that will power world growth? If you answered "China," you're far from alone. But there's another country that deserves as much attention and better yet, is much friendlier to investment: India,…

A Battle for Oil Production Is Brewing

With big oil's bank accounts full to the brim with cash, the stage is set for some significant acquisition activity... or, to put it another way, for a battle to buy producing assets. There are quite a number of contestants in the battle -…

Your #1 Gold Risk

Similar to holding a diversified portfolio at a bank without checking the institution's solvency, many investors keep their entire stash of precious metals inside one political system without considering the potential trap they've set for…

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