I’ve Got a Bad Feeling About This

Scott Adams notes the problem with an increasing number of people who don’t pay taxes:

We all understand that no entity can survive for long if it gives away its resources while asking nothing in return. And this leads me to my point: In the United States, 51% of adults pay zero federal income . . . → Read More: I’ve Got a Bad Feeling About This

Michael Ballanger: Buy Gold Stocks in May and Make Some Hay!

Many resource market investors greet the approach of summer with the adage: “Sell in May and go away.” Michael Ballanger, an investment advisor at Union Securities and a 30-year veteran of the junior resource market, says he is taking the opposite tack. In this exclusive interview with The Gold Report, he explains how . . . → Read More: Michael Ballanger: Buy Gold Stocks in May and Make Some Hay!

(Trying) to buy gold in Chile

A lot of stuff SovereignMan writes is good, but this latest piece on buying gold in Chile is a spin job. Simon Black says that Chile is “where the government just leaves you alone”, with “a fairly well-developed gold market”. See if that is justified with these key points from the article:

“major banks . . . → Read More: (Trying) to buy gold in Chile

Economic Events on June 3, 2011

The Monster Employment Index for May was released today, and the index moved down 2 points to a value of 143, which is 7% higher than last May’s value.

At 8:30 AM EDT, the Employment Situation report for May will be announced, and the consensus for non-farm payrolls is an increase of 170,000 jobs . . . → Read More: Economic Events on June 3, 2011