Business Information

Posts Tagged ‘financial crisis’

After several years of steady increase in the value of precious metals, some analysts doubted that this escalation continue in 2010. But the evidence is overwhelming: more than 16% compared to the dollar in the case of gold and more than 20% silver. Some percentages measured against the European currency, rising to just over 28 percent of the revaluation of gold and silver over 35%.

But this remarkable appreciation in 2010 is also the argument used to sow new doubts, which are described in the question: Is there a bubble in the gold price?

Is gold expensive? Before answering this, we should ask ourselves from what is supposed to be expensive precious metal. Gold is money and as such is evaluated by comparison with other currencies and trades on its exchange rate against the dollar, like other “money.” The question should be returned, therefore the price of gold against the dollar and against other currencies. Read the rest of this entry »

It appears that financial criminals, who took advantage of the lack of regulation in recent years, now want to get the juice to the time after the economic crisis to return to fill their pockets with our money. You know, “a troubled water Therefore it is desirable that you are aware of a few traps based on the current distrust in banks, fears of foreclosure and credit problems.

One of these dangers is the e-mails that appear to come from your own loan company,  your bank or to the government and ask for your Social Security, bank account numbers or codes. The royal agencies never ask that information online, so give it to beware of these fraudsters, and if you do, you’d be a risk that they will steal your identity.

Nor trust the offers that you are being asked to firm ownership of your house in exchange for paying your mortgage so that you avoid the taint of a foreclosure on your credit. As dangerous as that is the alleged “investor” that offers you renegotiate your mortgage with your bank in exchange for a check for $ 1,000. That’s something you could do yourself without having to pay money that you will surely lose.

Beware also of bogus checks of several thousand dollars for alleged prizes won. They tell you to deposit it and twist them a fee to pay for certain positions. But as the check is counterfeit, you end up with a penalty for paying a check that bounced and without the money they turned your. Remember that any reputable company asks you to send money to participate in a contest.

The month of September has not been good for the trade balance of Mexico’s economy, at a time, affected by the financial crisis, you need to maximize their sales abroad.

The trade balance experienced in the month of September, an annual fall of balance reached 63.4%. In that month, the balance of trade of the country recorded a negative balance of U.S. $ 1,075 million.

Within the negative, the automotive sector continued to observe signs of improvement by reducing its fall to 3.7% from 14.3% in August to observe.

Mexico, exported goods and services in September for U.S. $ 20,743 million, while imported goods and services from abroad amounting to U.S. $ 21,818 million.

The trade balance provides valuable information for the economy of a country. To take advantage of their investment decisions, Latinforme offers the Basic Course in Economics for Investors.