Gold Bugs

The price of gold has gone over $1,400 an ounce recently. In addition to the raft of stories and questions about investing in gold, I get questions about whether we should return to the gold standard. Blogger confession – I’m going to use the opportunity to organize my own thoughts on the issue.

The . . . → Read More: Gold Bugs

Parking and Debt… Not the Debt You Are Thinking of Either

There is bit of debate inside the fence over whether the pension/parking imbroglio would hit the city’s credit rating.  Seems that the city is issuing some new bonds in the midst of the tempest and overall there is not a hit on the ratings of new or old debt for the time being.  See:  . . . → Read More: Parking and Debt… Not the Debt You Are Thinking of Either

Now is Not the Time for QE2

Since Ben Bernanke announced the latest round of quantitative easing last week, there have been several pieces of positive economic news released, showing that the economy is continuing to improve.  Jobless claims are down, energy demand is rising, consumer spending is improving, the housing market is showing signs of life, and import and export . . . → Read More: Now is Not the Time for QE2