bestcdrates

Its no secret that troubled banks often offer the best CD rates in a desperate effort to raise money. Dirk Hofschire, VP of Market Analysis for Fidelity, does a great job of showing how the low interest rates on CDs, savings accounts, and money market accounts, has caused investors even conservative investors to shift huge sums of money into assets other than cash. Better than expected employment reports in both the U.S. and Canada have influenced trade in early December, along with central bank actions across the globe to maintain the low interest rate environment. This has created volatility in many markets, but also, some great opportunities. Lets take a look at metals first, and the market everyone is talking about gold.