Word: silver
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...Rogers' daughters may not have been born with silver spoons in their mouths, but they've got them now. Not silver spoons, exactly, but silver bullion. "My little girls don't own stocks - they own commodities," he says, "and that's why they'll be able to take care of me in retirement." Rogers, a former hedge-fund manager, author and B-school professor and now bicontinental showman (he lives in Singapore and New York), was slamming stocks and praising precious metals in front of an eager audience of investors who had packed a basement auditorium in midtown Manhattan...
...investor; he's an impassioned salesman, part Jimmy Swaggart, part Howard Ruff. There are several commodity exchange-traded funds (ETFs) now trading under the Rogers name, and his very appearance last Thursday, Oct. 8, was to help hawk two new precious-metals ETFs - one for gold and one for silver - being offered by ETF Securities USA, which hired Rogers to speak...
...clear from his ebullient tone that he believes the best part of the ride is still ahead. That especially holds true for certain commodities that have not yet had their big run. "I like gold [partly as an inflation hedge], but I'm even more interested in silver, which is still 70% below its all-time high...
...from a luxury into an egalitarian necessity, with real ticket prices dropping by half and new routes offering exposure to once provincial cities. But the corollary of viability has been increased frustration, with on-time performance plunging to near record lows. As you might have guessed, "there is no silver bullet" to fix the problem, the authors write. But they posit an array of sensible suggestions that could help curb soaring delays. Among the ideas are congestion pricing, airport privatization and high-speed rail systems as an alternative to flights shorter than 500 miles (routes that carry...
...keep cracking your knuckles; if laureate Donald L. Unger didn’t get arthritis after 60 years of constant knuckle cracking, you won’t be getting it anytime soon either). Between the man—excuse me, human spotlight—wearing only silver body paint, sneakers, and a Speedo, not to mention the ongoing poker game, the mini-opera, and the constant multilingual interruptions, FM was not sure what to make of the corybantic stage. However, the crowd loved every minute of the ceremony, cheering every time the word “risk?...