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Cohen: LIA launches its first podcast | Long Island Business News - Vimarsana News

Cohen: LIA launches its first podcast | Long Island Business News

Opinion: LIA is stepping into the world of podcasts and launching Long Island’s Future with me, Matt Cohen, on March 28.

Source: libn.com
Christmas commodities: gold, frankincense and myrrh - Vimarsana News

Christmas commodities: gold, frankincense and myrrh

Economically Speaking: One wise man, John McDermott, looks at the original Christmas gifts through an economic lens. What would it cost you to buy the wise men’s nativity gifts of gold, frankincense and myrrh? You would need deep pockets for gold, but frankincense and myrrh are relatively inexpensive today. If we asked the cost of buying these commodities each year, we would get very different answers. This year, gold prices have been soaring on commodity markets. Currently, an ounce of gold is just under $2700, up from about $2300 at the start of the year. A 17% return for holding gold f...

Source: nbr.co.nz