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Author: Diane Alter

15 Obamacare Facts the President Doesn’t Want You to Know- Money Morning

From the first rumblings of a new healthcare law, critics have preached that the real Obamacare facts are far worse than the promises.

The real Obamacare facts include higher healthcare costs, diminished treatment quality, hidden taxes and an inflated deficit.  

“Obamacare was a political nightmare for Democrats in the 2010 election. In 2014, it’s shaping up to be a political tsunami,” Brad Dayspring, a communications strategist for the National Republican Senatorial Committee wrote in a recent email to supporters.

Indeed, President Obama’s own party is even having second thoughts.

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Silver Prices: The Best is Yet to Come – Money Morning

It’s hard not to get a bit nostalgic about silver prices.

I find myself reminiscing about April 2011 when the white metal ended the month at a sterling $48.70 an ounce after hitting an all-time intraday high of $49.51. That record surpassed the previous high of $49.45 set three decades earlier when the Texan Hunt brothers set out to corner the silver market.

Since the 2011 peak, the S&P has roared higher by some 50%, while the value of silver has tumbled 53%. That’s not nearly as bad as the drop silver experienced between its Hunt brothers induced high on Jan 1, 1980 through its low on June 21, 1982, when silver fell a devastating 90%.

Those declines are a reminder of just how volatile the metal’s price can be. But with great risk comes great reward, and we see record-breaking gains ahead…

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Energy Among the Best Investments from Ira Sohn Conference – Money Morning

There was definite energy spin this week at the 18th Ira Sohn Investment Conference at New York’s Lincoln Center. In fact, at this an annual gathering of some of the world’s influential money managers and investors, energy was applauded as one of the best investments to make now.

Some 3,000 guests paid as much as $100,000 (proceeds benefit pediatric cancer resesarch) to hear what 17 of Wall Street’s lucrative members had to say about the stock market. Each had some 15 minutes to share their picks, pans and opinion.

Clearly, energy was a favorite, as Barron’s outlined in its Ira Sohn coverage this week.

Here’s a roundup of what these money managers consider to be the best investments in the industry.

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Stocks to Buy: Why Warren Buffett Is Hunting in Europe – Money Morning

Investment guru Warren Buffett is looking for stocks to buy now in struggling Europe- a region many investors refuse to touch thanks to the destructive Eurozone debt crisis.  

But the Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) CEO told CNBC he’s bought a couple smaller businesses in Europe over the last 12 months and also took positions in some European equities.

“We’ve bought some European stocks,” Buffett said. “And the fact that there are troubles in Europe, and there are plenty of troubles, and they’re not going away fast, does not mean you don’t buy stocks. We bought stocks when the United States was in trouble, in 2008 and it was in huge trouble, and we spent $15.5 billion in three weeks in between September 15 and October 10.”

One reason for Buffett’s interest in Europe: plenty of cheap buys.

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