Mailbag: Hock Your iPhone and Buy Gold

By Andy Snyder It’s the great American contradiction.
In one breath, the nation begs for help. Millions can’t afford rent. The only way they’ll keep a roof over their head is if it’s deemed illegal to take it away.
It’s a sad tale.
But in the next breath, the nation boasts about its great tech ventures… and the massive wealth they’ve created.
Facebook told us last week its profit soared 98%.
Amazon saw sales jump 40%.
Apple boosted its second quarter bottom line by a full billion dollars over last year’s figures. Its shares have gotten so expensive, it’s now splitting each one into four new shares. (That way …read more

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