Gift Card Advice as Borders Closes the Book on Business

In the wake of Borders recent announcement it’s folding up shop, those holding gift cards from the bookstore chain may have cause for concern. While the second-largest bookseller says it’s presently honoring gift cards, shoppers are well advised to use up their balances before it’s too late. We faced a similar situation when Blockbuster . . . → Read More: Gift Card Advice as Borders Closes the Book on Business

So Many Problems

I wouldn’t bet on Robin Hanson’s prognostications:

We are richer than our ancestors mostly because of innovation. But most of the innovation benefits we receive are externalities – we only pay our ancestors (or those to whom they transferred their property rights) for a small fraction of that benefit. If we instead had better . . . → Read More: So Many Problems

Bob Moriarty: Triple-Digit Returns Predicted for Mining Stocks

With the price of gold hitting record highs and equity prices lagging behind, Bob Moriarty, founder of 321gold.com, says it’s time to gather some precious metals as insurance against hyperinflation or deflation—whichever may be coming our way—and to stock up on junior resource stocks. Prudent picks, he suggests in this exclusive interview with . . . → Read More: Bob Moriarty: Triple-Digit Returns Predicted for Mining Stocks

Economic Events on July 25, 2011

At 8:30 AM EDT, the Chicago Fed National Activity Index for June will be released, providing an update on economic activity and inflationary pressure in the United States.