Byron King: Will Platinum Prices Persist?

The lure of platinum is driving Energy and Scarcity and Outstanding Investments Editor Byron King’s investment choices for precious metals. In this exclusive interview with The Gold Report, he explains the looming demand and global opportunities. “We could see platinum prices skyrocket,” he says.

The Gold Report: Let’s start with politics. In . . . → Read More: Byron King: Will Platinum Prices Persist?

Thomas Sowell on Foreign Trade

I knew there was a reason I still liked the guy:

The quick fix that got both Democrats and Republicans off the hook with a temporary bipartisan tax compromise, several months ago, leaves investors uncertain as to what the tax rate will be when any money they invest today starts bringing in a return . . . → Read More: Thomas Sowell on Foreign Trade

The Bernank Says To Ron Paul That Gold Is Not Money

This has to be one of the most ironic and ignorant statement I have heard come out of Washington. The tail risk is with people like Bernanke running the Federal Reserve, Trichet running the ECB, the eurocrats trying to run the rating agencies and politicians trying to design everyone else’s lifestyle.

It appears that . . . → Read More: The Bernank Says To Ron Paul That Gold Is Not Money

Economic Events on July 14, 2011

At 8:30 AM EDT, 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 13,000 less than the previous week.

Also at 8:30 AM EDT, the Producer Price Index for June will be released.  The consensus is that . . . → Read More: Economic Events on July 14, 2011