The Conference Board’s index of U.S. leading economic indicators rose for the fifth straight month in August. The streak represents the longest string of LEI gains in five years. The data further bolsters our view that growth likely began in June and will continue to strengthen through the end of the year. . . . → Read More: Leading Indicators Now Up for 5 Straight Months
Everybody knows that I can always be counted on to go ballistic about silver being such a Screaming Freaking Bargain (SFB) because of (according to the most recent Official Mogambo Count (OMC)) more than a dozen very good reasons, which is a lot of reasons, and that at $17-and-change per ounce, silver is loudly . . . → Read More: Speaking Silver’s Language
One technique for valuing fiat currencies is treating them as the common stock of issuing nation. Almost all empires end for financial and economic reasons. Gold’s two week moving average is over FRN$1,000. The United States is proving to be no exception.
On 17 September 2009 the United States formally announced the intent to . . . → Read More: United States Sacrifices Poland And The Czech Republic
Writings about Lehman, in the broad Indian discourse, are a reminder of the low quality of the Indian economics discourse. Meghnad Desai looks back at a year after Lehman, in Financial Express. For a person who was in my father’s class at M.A., he is remarkably free of socialist cobwebs of the mind. . . . → Read More: Interesting Readings for September 22, 2009