Employment, Manufacturing, and Leading Indicators Flash Positive Signs

June 18 was yet another good news Thursday. Three independent reports showed positive surprises in employment, manufacturing and leading economic indicators.

Perhaps the biggest news of the day showed that continuing claims for unemployment has now started to fall. It was the first time that continuing claims have fallen since Jan 3. The four . . . → Read More: Employment, Manufacturing, and Leading Indicators Flash Positive Signs

The death of gold

While I have only been blogging for a short while, I have been following goldbug chatter since 1998 when I took up a position in the Depository division of the Mint. At that time it was all doom and gloom with the price in a downward trend, helped along by Gordon Brown with his . . . → Read More: The death of gold

Workers Of The World Unite

Socialism is alive and well. In America, as elsewhere, however, the socialist movement isn’t and never has been a worker’s movement, as it has been made out to be. Socialism has been, from the start, a movement of intellectuals. It festers on college campuses. It is a framework constructed by very smart people who . . . → Read More: Workers Of The World Unite