International Economics

In which I disagree with Captain Capitalism:

Arguably the single largest threat to freedom in the world is the “harmonization” of tax rates. Of course politicians like to use euphemisms so the ignorant masses can continue on watching their Lady Gaga or the latest professional sports competition, but trust me it is a threat. . . . → Read More: International Economics

Michael Berry: $1,600 Gold in Reach

Gold is once again hitting new highs, closing at $1,589/oz. on July 14. In this exclusive interview with The Gold Report, Dr. Michael Berry, principal of and editor of Morning Notes, predicts $1,700 gold by year-end and points to the juniors that could bask in the enhanced glow of all the metals, . . . → Read More: Michael Berry: $1,600 Gold in Reach

A Marcellus Shale Experiment

So experiment is not quite the right word.   Let’s call this a public exercise.

A little while ago a kerfuffle erupted over some economic stats related to the job creation of Marcellus Shale related industries in Pennsylvania.   The state came out with a report that mentioned there were 72 thousand ’new hires’ related to Marcellus activity.

. . . → Read More: A Marcellus Shale Experiment

Economic Events on July 18, 2011

At 9:00 AM EDT, the Treasury International Capital report for May will be released, showing the flow of capital in and out of the United States economy.

At 10:00 AM EDT, the Housing Market Index for July will be announced.  This index is created from a survey of home builders, so it shows the . . . → Read More: Economic Events on July 18, 2011