As Casimir Capital Managing Director Wayne Atwell sees it, further political unrest in the Middle East could push gold higher while inflation risk and sovereign debt issues in Europe are longer-term price catalysts. He also shares a few up-and-coming gold juniors that Casimir covers in this exclusive interview with The Gold Report.
The Gold . . . → Read More: Wayne Atwell: Mideast Mayhem to Drive Gold Higher
As the debate between inflationistas and deflationistas appear about to rev up again, I thought that I would try to pen to virtual paper and sketch my thoughts on the matter.
The specific catalyst for looking into this is naturally in part the fact that oil looks set to do a round of catch-up . . . → Read More: Inflation vs. Deflation – Which Door do you Pick?
At 8:30 AM EST, the monthly Personal Income and Outlays report for January will be released. The consensus for Personal Income is an increase of 0.4% over the previous month and the consensus Consumer Spending index change is an increase of 0.4%.
At 9:45 AM EST, the Chicago PMI Index for February will be . . . → Read More: Economic Events on February 28, 2011
West Texas Intermediate (WTI) oil is trading at a significant discount to Brent crude, the latter of which is used to price two-thirds of globally traded crude oil. WTI, on the other hand, is the commodity underlying Nymex futures contracts and has, more often than not, traded slightly above Brent. Although the current Brent/WTI . . . → Read More: Marshall Adkins: Disparity Means Higher Oil Prices
New PSU report on state tax implications of Marcellus Shale: http://pubs.cas.psu.edu/FreePubs/pdfs/ua468.pdf
At 8:30 AM EST, the preliminary GDP report for the fourth quarter of 2010 will be announced. The consensus is an increase of 3.4% in real GDP and an increase of 0.3% in the GDP price index. The real GDP estimate is 0.2% higher than the advance value for the fourth quarter of 2010, and the . . . → Read More: Economic Events on February 25, 2011
Cranberry Capital Inc. President Paul van Eeden still favors the natural resources sector above all others because they are “absolutely central to our standard of living, our quality of life and the technological progress we’ve made.” Despite the dangers, frothiness of equities and absence of fundamentals to support current valuations, he says, “there are . . . → Read More: Paul van Eeden: Finding Value Amidst Volatility
Many readers here know of the debate and dialogue over Chrysler’s long and expensive Super Bowl ad highlighting the auto industry and Detroit.
As cool as the Detroit version is to watch, when it comes to the core message it is trying to send, I just don’t see much different between these two industry . . . → Read More: Detroit Rhapsody
At 8:30 AM EST, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 405,000 new jobless claims last week, which would would be 5,000 less than the number released last week.
Also at 8:30 AM EST, the Durable Goods Orders report for January will be released. The . . . → Read More: Economic Events on February 24, 2011