Where will you be when the Gold bubble bursts?

Smart Holiday Advice from our Resident Expert

This expert article was contributed by:
By Brandale Randolph, Stock Broker
brandale2221@gmail.com

While, no one can predict the highest or lowest points on any roller coaster, while we are on it, pretty much everyone should realize when the ride is about to come to an end. But please, don't wait until it comes to a screeching halt before you get out. Jump while there is still a beaming smile on your face because the next big gold loop may dislodge all of the valuable contents from your pockets.

People who are not already in gold please look for the next big thing. Bananas, the Brazilian Real, coffee, sugar, algae, bees wax...whatever, just stay away from Gold. For the fortunate few who are already in gold stocks, ETFs, funds, etc, it's time to take your chips off the table for the following 3 reasons...

1) History repeats itself...

Just last year the was this amazing commodity that everyone wanted to buy. Investors scrambled to buy any and every kind of stock, option, business or toy related to it. Business channels dedicated hour long programs discussing the global impact once this particular commodity reached it's peak. Governments all over the world leveraged larged portions of their total GDP to buy large stakes in it. Then the hype really hit home when scammers and bucketshop commodity brokers started calling people like bill collectors every night begging them to invest in this next big thing that would make them millionaires.

Yes, I'm talking about oil. That didn't turn out so well did it? Don't think Russia, Dubai and Middle America made the billions. Now we have Gold. History is repeating itself.

Sound familiar? The bubble is beginning to burst and people still think that its not too late to jump in on the bandwagon. Sorry it is!

The bubble is beginning to burst and people still think that its not too late to jump in on the bandwagon. Sorry it is.

2) Gold Prices will go down when the dollar rebounds..

The value of gold and the value of the dollar are inversely related. When one goes up, one will go down and vice versa. Therefore as the Federal Reserve raises interest rates in order to curb inflation the dollar will go back up. In order words, if this continues the dollar to besotted cheaply borrowed will be worthless. The reason for the dollar drop was to stimulate the economy. In much that same way that too much water will kill your grass, too many cheap dollars floating around the globe will kill our economy.

3) Wall Street doesn't play fair...

"The purpose of Wall Street is to make fools of as many men as possible."
- Bernard Baruch

Conventional thinking leads most people to believe that sellers can't keep up with demand for gold. For coins maybe, but an overwhelming majority of global investments in Gold are in Gold options, futures, hedgefunds, ETFs, and stocks. these things TRADE actively on an open market called Wall Street. Truth is Wall Street affects the price more than John Q public and its desire for the rare coins it sees advertised on TV.

The markets are designed to take from the poor, misinformed 90% and give to the Wealthy 10%. The price dropped from a record high of $1226 to where it is today. Wall street as taken it's chips off the table. It's time for you to take yours.

People don't let what happened during the bursting of the tech bubble, the real estate bubble, the stock market bubble and the oil bubble happen to you and your family again. Take your gold chips off the table and run!

When the gold bubble bursts, remember you heard it here first... Tell your friends....

Gotta make that money, honey!

As we all know, the economy is still rebuilding and you may be looking for a job as we speak. Maybe you were laid off, fired or your company has indicated that you should probably start looking. Well...you're not the only one in this boat. Our resident HR expert has shared some insight on some things you may know and some things you may not already know about the hunt! The most important thing is to keep your head up, stay confident and try not to get too frustrated. Good Luck!

Contributed by: Joanne Coghill

www.ncogeto.com

Most people look for jobs the traditional way by searching the want-ads and using online job websites like Careerbuilder, Monster, and Craigslist. You'll email or send out loads of resumes which is not a bad strategy, however the employer can be overwhelmed by the amount of responses and may never see your resume since everyone else is doing this using this same method. Then you sit wondering what happened and getting frustrated with the lack of response.

The competition for jobs is extremely high due to the high unemployment rate. The employer is receiving an excess of responses that they can not review all resumes that coming in. It is important for the job seeker to think out of the box and stretch themselves on how they are networking and looking for a job.

Here are some suggestions to help you with your job search and build your network.

1. Mix it up! Check your local community newspaper or google to find local mixers, networking events, job fairs or workshops to meet people who can assist you in your job search as you build your network. Your church may also consider sponsoring a networking event or workshops to find those looking for a job, looking to change jobs or just to inquire and meet new people. You never know when you met someone and reach out who may know someone who is looking for employees. Bring your own business card (you can get free online business cards, you may have to pay for shipping) and exchange business cards so that you can follow up with everyone you meet at any of these events. Email or send them a note to follow up meeting them at the event. This is the start to building your network.

2. Using your networks - Another way to connect with your personal and business networks is to use online social and business networking sites. Some great sites to create accounts on are MySpace, Facebook, Plaxo, Twitter, Linked-in, Talkbiznow and Bebo. Create user accounts on these sites and let people know in each community what types of jobs you’re interested in finding. Again, you never know who can connect you to someone that has the perfect job for you.

*TheCircleLA TIP - You don't have to be a part of EVERY social network, just be sure that you use the ones you do use wisely and to their full potential. Pick 2-3 that you will focus on. Otherwise it gets confusing.

3. The Ol' fashioned way - To find new businesses listings that have or are about to open check in your local newspapers. You can find this under “fictitious business name” in the classified section. New businesses often need to hire new employees. Review these daily to you if there are new businesses opening that might be a good fit. Send them a note and a resume and follow it up with a phone call a few days later. Even if they’re not ready to hire, you’ll be first on their mind when they are ready.

4. What do YOU want to do? You may have a business that you want to work for. Call them up and ask if they are hiring. If they are not hiring ask them if they ever hire temps. During recession times many companies have have laid off their full time staff and they may be hiring temps to fill in where needed. You may get your foot in the door if they are open to hire you as a temp. Otherwise another options is to ask if they would be open o consider having a volunteer or an intern work for them for free. This would be another way to get your foot in the door on a trial basis. What do you have to lose? You have the time and they might be intrigued enough to take you up on your offer.

5. Tap Into the Community - There are many churches that are offering support for those who are unemployed. Talk to your church to see if they offer or willing to offer any type of support group and any help. Also check with your local community, check on line or in the neighborhood newspaper to see if there are support groups to assist those who are unemployed or looking for a job change.

6. Be proactive, assertive and friendly but not pushy or aggressive, when contacting a potential employer. People generally will find that when you are friendly, flexible, creative they are willing to talk to you and willing to go the extra mile.

7. Stay POSITIVE which will help reduce stress and keep you focused.

8. Start your mornings with daily prayer and meditation. This will help you focus throughout the day.

*TheCircleLA TIP - Revise your resume. No matter how good you think it is, look and look again. Make sure your experience stands out and highlight achievements in other positions. If you have gaps in your resume, be sure to continue to do any type of work, whether its networking, small projects, planning your own business. This shows that you're proactive and have been keeping your mind busy. Be smart with the time you have at hand.

*If you are interested in contributing to Netropolis, please contact us at TheCircleLA@Gmail.com