Street Speculator

We always attempt to get our viewers to think and invest with a global mindset when it comes to business and finance. If you are a stock trader, the majority of your trades will transact on either the NYSE (New York Stock Exchange, Symbol: NYX) or the NASDAQ (Symbol:NDAQ) .

However, other countries do have their own respective stock market exchanges where homegrown and international companies trade shares of stock.

Listed below are some global stock market exchanges. However, your broker will probably charge an additional fee to do these transactions. You should try and find some online brokerage that will allow standard trading on any exchange regardless of your central location.

Note of caution: Before purchasing shares on any of these exchanges, make sure you look at company listing requirements, any securities laws, and finally whether the country has a stock trading regulatory body like the SEC (Securities and Exchange Commission) in the U.S.

Bombay Stock Exchange

Tokyo Stock Exchange

London Stock Exchange

Nigeria Stock Exchange

Bahrain Stock Exchange

Bermuda Stock Exchange

Two additional government bank bailouts within the past 48 hours. The victims: First National Bank of Nevada and First Heritage Bank of California.

On a good note, not soon after taking them over, the feds subsequently sold them to Mutual of Omaha. And, as reported on yesterday, Foreclosures jumped by 121% in the second quarter or 1 in every 171 U.S. households.

The future of the U.S. economy does not look good. Governments are not good at running businesses. You don’t believe me, look at the current fiscal deficit. The same dinosaurs who created this fiscal mess now tell us they have a plan to get us out.

The solution: MOVE YOUR MONEY OUT OF THIS COUNTRY.
My research has led me to other countries that have a DEPOSITORY INSURANCE SYSTEMS (Similar to our FDIC, where the government guarantees a certain amount of bank deposits). You can do further research and find exactly what specific dollar these governments guarantee. Not all guarantee up to $100,000 like the U.S., but unlike the U.S. many of these governments are not experiencing troubles in its financial sector.
The reason I present this story is because I have a family member who thinks there will be anarchy in this country in a few years, due to the financial problems of the U.S. consumer. People do not know what is next and are very pessimistic about the future.
Also, it would be wise to see what the value of the U.S. dollar is to the currency of these nations. You may be able to double your money, although in another country’s currency. Ex. $1.00 U.S. dollar = $2.00 in Belize currency.

Here are a few choices:
Bahamas, Barbados, Bahrain, Canada, Croatia, Greece, Honduras, Hong Kong, Hungary, Iceland, India, Ireland, Italy, Jamaica, Japan, Jordan, Lebanon, Lithuania, Malaysia, Mexico, Morocco, Netherlands, Nigeria, Norway, Oman, Peru, Philippines, Poland, Portugal, Puerto Rico, Romania, Singapore, Sweden, Switzerland, Taiwan, Tanzania, Trinidad and Tobago, Turkey, Uganda, United Kingdom, Venezuela, Vietnam, and Zimbabwe (Zimbabwe surprised me).
If you Google “The International Association of Deposit Insurers” you can find additional countries on the list.

In conclusion, definitely consider moving some money you have into another country.

The Speculators did it again.

After the Jedah Summit on yesterday, oil prices rose again today on the open markets. As stated on yesterday, there was nothing to come out of this meeting other than pandering to the masses. Watch for the price of oil to increase in the future as well.

This discussion will continue. However, the Speculators on this site will attempt to help you CAPITALIZE as the price of oil increases. It does not have to be GLOOM and DOOM for everyone!!

This weekend, an emergency meeting was convened in Saudi Arabia to discuss the increasing rise in oil prices. The participants include OPEC member nations and even major oil companies. The alleged purpose of this meeting is to give the world the impression, especially US consumers, that some solution will originate to reduce the price of oil.

There is no solution!!! Oil is a publicly traded commodity, just like stocks traded on the NYSE and the NASDAQ. As long as you have more buyers than sellers, the price will increase. If there is a threat of lower supply to the market (Threats to bomb IRAN, sabotage of oil pipelines in Africa) the price will increase (Look at how flooding in the Midwest increased the price of corn). BASIC ARITHMETIC.

The JEDAH SUMMIT is a publicity stunt created by national governments, including the United States. This summit is another pacifier to soothe the anxiety of its citizens. These same citizens who think and believe that investments in alternative energy, removal of offshore drilling bans, and WINDFALL PROFITS TAXES, will somehow lower the price of oil.

If this was the case and answer, it would have been done long ago. Don’t forget, we are in an election year.

The price of oil is going nowhere but up, period. The Saudis can pump an additional 500,000 barrels/day. PEOPLE WILL STILL BUY THE OIL, unless cars, planes, and buses start to run on water.

Get use to high oil prices. Speculators will keep buying and politicians will continue lying.

By the end of the year, look for $7 or more at the pump.

Just Speculating…… oh, Ken Lewis of Bank of America will be the next CEO to get fired due to the sub-prime housing market meltdown.