A cartoon that should concern all PM investors

The cartoon below (h/t Nathan’s Economic Edge) is a warning to gold and silver investors. Instead of focusing on how and why there are no productive investment opportunities, the cartoonist demonises the cash “hoarder”. Yes, you must spend your cash to help pull the debtors out of their problem. If you won’t, then next . . . → Read More: A cartoon that should concern all PM investors

Frank Holmes: Gold Is for Fighting Deflation, Not Inflation

Whether out of fear or love, everyone is running to gold, says Frank Holmes, head of investment firm U.S. Global Investors. The lengthy Congressional battle to raise the debt ceiling left many investors clinging to gold for safety. But a growing world population continues to stock up on the honeyed metal for weddings . . . → Read More: Frank Holmes: Gold Is for Fighting Deflation, Not Inflation

You gotta disbelieve

The title was going to be for a baseball post, but then I saw the latest stories on Pittsburgh region real estate prices. Baseball geeks can probably deduce what the baseball comment was going to be unfortunately.  For real estate we have something really odd continuing. The Trib’s headline is not the first, but may be . . . → Read More: You Gotta Disbelieve

Economic Events on August 18, 2011

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 400,000 new jobless claims last week, which would would be 5,000 more than the previous week.

Also at 8:30 AM EDT, the Consumer Price Index report for July will be released.  The consensus is . . . → Read More: Economic Events on August 18, 2011