A lot of short-term peaks and troughs can make things messy in the resource space, and the associated volatility can whipsaw people out of investments. “Still,” says Pathfinder Asset Management Limited’s Associate Portfolio Manager Taylor MacDonald, “the long-term picture itself is very much intact.” The U.S. dollar is in the process of breaking down, . . . → Read More: Taylor MacDonald: The Perfect Storm for Gold
In a recent post ‘Does big government weaken the social fabric?’ I presented a table showing the percentages of the population in various countries who say that falsely claiming government benefits, cheating on taxes and accepting a bribe are never justifiable. I was using this data as a measure of the strength of the . . . → Read More: How Does Big Government Affect the Social Fabric?
At 8:30 AM EST, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 412,000 new jobless claims last week, which would would be 3,000 less than the unexpectedly low number released last week.
At 10:00 AM EST, the Wholesale Trade report will be released for December, showing . . . → Read More: Economic Events on February 10, 2011