Friday, October 4, 2013

What Will Happen When Debt Ceiling Isn't Raised? [SPDR Gold Trust (ETF)] - Seeking Alpha

What Will Happen When Debt Ceiling Isn't Raised? [SPDR Gold Trust (ETF)] - Seeking Alpha

This is an excellent article discussing the debt ceiling.  The author pointed out that we could raise the debt ceiling to around $18 trillion, and we will be okay until December of 2014.  Ultimately, we should not be funding any new programs.  We need to be able to live under current conditions so that things don't get worse.

Prospect Capital Corporation (PSEC): Prospect Capital Corp.'s Dividend Sustainability Analysis (Post Fiscal Q4 2013 Earnings) - Part 2 - Seeking Alpha

Prospect Capital Corporation (PSEC): Prospect Capital Corp.'s Dividend Sustainability Analysis (Post Fiscal Q4 2013 Earnings) - Part 2 - Seeking Alpha

Here is a very technical article about how PSEC is a buy at $10.90 or lower.  I currently own the stock which pays a dividend of around 12% annually, and you get paid in monthly installments.  PSEC is definitely a worthwhile stock for a diversified portfolio.

Wednesday, October 2, 2013

Mosquito Bites Allergies Symptoms and Treatment

Mosquito Bites Allergies Symptoms and Treatment

This is another website with helpful information about mosquito bites.  It is best to avoid dusk at all times because that is one of the times when mosquitoes are more active.  In my own experience, I have been bitten more than twice as much at dusk compared to later in the night when the sun has been down a long time.

Mosquito Magnets: Who/What Attracts Mosquitoes?

Mosquito Magnets: Who/What Attracts Mosquitoes?

Here is another helpful website with information about mosquito bites, WebMD.  The website gives information about how to avoid mosquito bites along with a lot of other health information.

13 Ways to Stop Mosquito Bites from Itching - wikiHow

13 Ways to Stop Mosquito Bites from Itching - wikiHow

As I occasionally do for this blog, I have given a health link about mosquito bites.  The best way to avoid mosquito bites at night is to wear long pants and a long-sleeve shirt.  If you are bitten, the website I have referenced advises using alcohol to reduce itching and swelling.  Since serious diseases can be carried by mosquitoes, you should see a doctor immediately if something more than the normal itching occurs such as fever or diarrhea.

Tuesday, October 1, 2013

Alaska's zombie gold mine to nowhere | Resource Investor

Alaska's zombie gold mine to nowhere | Resource Investor

Everyone needs a balanced portfolio, and this includes considering gold and silver stocks for part of your money.  I know precious metals are not in favor right now, but you could have a cash position ready for buying a couple of gold or silver stocks at sector bottoms.  ResourceInvestor.com is a great place to go for news and stories involving gold, silver, and other metals.

I currently own Northern Dynasty (NAK) for gold and Hecla (HL) for silver.  I also like other precious metal stocks like First Majestic (AG), Pershing Gold (PGLC), and Golden Star Resources (GSS).  Demand for gold and silver will not be going away.  Just try to buy quality stocks with low operating costs when they are severely oversold.



Pershing Gold Corp (PGLC.OB): High-Grade Drill Holes De-Risk And Enhance Pershing Gold - Seeking Alpha

Pershing Gold Corp (PGLC.OB): High-Grade Drill Holes De-Risk And Enhance Pershing Gold - Seeking Alpha

This is a great article about Pershing Gold.  The company will be one of the lowest cost gold miners in the world.  Since the price of gold is much lower than it was in the past, efficient gold miners like Pershing will be profitable while other miners may have to stop production, especially if the price of gold drops toward $1,000 per ounce.  Another important point to remember is that people are still buying gold, particularly in the far East. The demand for gold will put a bottom under the price of gold at some point if the supply of gold starts to come up short.  So, Pershing is a good investment in my opinion since they will make money no matter what happens.