Dec 28 2011

Gold price recovers to $1,600

Posted by Anthony Walker in Finance News

The gold price hovered around the $1,600/oz mark on Wednesday morning, buoyed by encouraging economic data from the US and Europe. Rising concerns about Iran also helped support sentiment.

Iran and America have been embroiled in a tense war of words in recent days over the Straights of Hormuz, a key supply route for much of the world’s crude oil.

Analysts say gold may benefit from its safe haven appeal despite worries about the eurozone debt crisis. “Gold may not be a safe haven in financial turmoil, but it does seem to function as a safe haven against real-world geopolitical risks,” said Nick Trevethan, a senior commodity strategist at ANZ, the bank.

Technical analysis suggested that the spot gold price could rise to $1,629 during the day, said Wang Tao, a Reuters market analyst .

Some analysts say gold prices should continue to climb, although most reckon at a slower rate.

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Dec 16 2011

From DirectX to Game Engine: need suggestions

Posted by Thomas Taylor in Financial Consulting

I worked on DirectX for long time and now i assimilated the concept of how graphic works.

I made game with the d3d and managed to load static and animated models.

What im looking now is for a free Game engine.

I worked with c++ with DirectX so i pointed at UDK.

Ive installed it but it runs like crap since for now im stuck on this laptop with an intel graphic card.

So now (at least till i buy a new pc) i am searching for a good game engine but first few questions:

Should i switch to C# and work with an engine based on that language (since most of the engines are following that way)? if Yes, is there a way (even if i know that c++!= c#) to learn c# avoiding the really basic stuff (aka can you point at some tutorials of this genre)?

Now, what im looking into a Game Engine:

- My platform will be windows mainly, but if the engine provides more platform it is indeed welcomed.

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Dec 16 2011

Health reform helps add 2.5 million young adults to insured ranks

Posted by Admin in Financial Category

HYATTSVILLE, MD – The National Center for Health Statistics (NCHS) released new data yesterday showing 2.5 million more adults 26 and under had health insurance than would have without passage of the Patient Protection and Affordable Care Act.

The growth of insurance covergae among people age 19-25  is directly related to a provision in the health reform law that allows young adults to stay on their family’s health insurance plan through age 26.

“Thanks to the Affordable Care Act, 2.5 million more young adults don’t have to live with the fear and uncertainty of going without health insurance,” said Health and Human Services Secretary Kathleen Sebelius, in a press release announcing the increase. “Moms and dads around the country can breathe a little easier knowing their children are covered.”

Data released yesterday from the first three months of 2011 showed that 1 million more young adults had health insurance coverage than had it during the same period in 2010. In all, data s

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Dec 11 2011

FOS concern on consumers not opting in

Posted by Thomas Taylor in Financial Consulting

The Financial Ombudsman Service (FOS) has called for the opt-in proposals in the Future of Financial Advice Bill to be modified to deal with clients not responding to renewal notices.

In a submission to the Parliamentary Joint Committee on Corporations and Financial Services, FOS says there are occasions when a client is genuinely unable to respond due to illness, a long holiday or has difficulty understanding technical documents.

Consumers that would be most likely to fail to respond to renewal notices for these reasons would be retirees and vulnerable and disadvantaged consumers, FOS said.

“We suggest a safety mechanism be added to address these issues.”

FOS wants any renewal notices to explain in simple terms how not signing these documents will affect them in the future.

“The bill requires a renewal notice to include a basic statement about how non-renewal terminates the adviser/client relationship, but does not require explanation of how failure to renew may affect the client,” FOS said.

“We acknowledge the adviser would want to provide this explanation to encourage renewal, but this motivation may not be enough from the consumer’s perspective.”

FOS says the legislation could give those clients who have not renewed their agreement the chance to consider their position later.

This could include the adviser sending out a reminder three months after the original notice has been allowed to lapse, reminding the client of the consequences of not receiving any advice.

This letter should also include details of how the client can renew the agreement again.

Dec 09 2011

Debt Acquired Before Marriage – What To Know

Posted by Anthony Walker in Finance News

Husbands and/or wives may be accountable for debts acquired by the other taking the nature of the debt and where the couple lives into account. If both husband and wife have co-signed for the arrears, both should be liable for settling it.

Though they haven’t co-signed, if the debt is regarded as a family disbursement, a husband and wife can be answerable for each others debts too. Various states have family expense laws that make a husband or wife responsible for outlays incurred for the family’s gain, although the other spouse didn’t sign for or authorize the outflow beforehand. Nevertheless other states enforce the family expense obligation by common law devoid of a ruling. There

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