Bruno del Ama: Fertilizer Is a Growing Business

It may not sparkle or shine, but fertilizer has a bright future. In this exclusive interview with The Energy Report, Bruno del Ama, CEO of Global X Funds, tells us why investors should be looking at this “growing” industry and how his company’s new global fertilizer and potash ETF (NYSE:SOIL) provides a great . . . → Read More: Bruno del Ama: Fertilizer Is a Growing Business

Where to put your savings

With the stock market swinging up and down as the economies in the United States and Europe appear to be heading back towards a recession, it could be a good idea to move your savings out of the stock market and into safer asset classes.  However, the Federal Reserve has stated that it plans . . . → Read More: Where to put your savings

Drilling for facts

Marcellus hagiography is getting way out of hand. Here is an oped in New York that quotes a US Congressperson from Pennsylvania:

“Two of my counties have a zero percent unemployment. This has been very positive.”

Zero percent unemployment?!  I don’t see it.  I don’t care that someone actually out there said it… even . . . → Read More: Drilling for facts

Economic Events on September 30, 2011

At 8:30 AM EDT, the monthly Personal Income and Outlays report for August will be released. The consensus for Personal Income is an increase of 0.1% over the previous month and the consensus Consumer Spending index change is an increase of 0.2%.

At 9:45 AM EDT, the Chicago PMI Index for September will be . . . → Read More: Economic Events on September 30, 2011

Money-less ball

I read this headline and really couldn’t believe it.   ComputerWorld of all places has this story today: Pirates tap BI tools to forecast, boost attendance.  Notice there is no mention of improving on field performance as a means to improve attendance.  They just want to narrow in on what poor folks are still willing . . . → Read More: Money-less ball

The Case for Prepaid Debit Cards

Since the start of the financial crisis in 2008, the amount of consumer credit available to individuals has decreased significantly according to the Federal Reserve, and the credit that is still available is more difficult to obtain, with banks and other lenders raising their lending guidelines.  This combination of events has made it much . . . → Read More: The Case for Prepaid Debit Cards

"Mexico Mike" Kachanovsky: Gold and Silver Producers Due for Big Upside

Mike Kachanovsky, known as “Mexico Mike,” doesn’t follow the so-called smart money. Founder of the website smartinvestment.ca, Mexico Mike believes mainstream commentators are leading investors astray by insisting that it is too late to get into mining stocks and precious metals. In this exclusive interview with The Gold Report, Mexico Mike explains why . . . → Read More: Mike Kachanovsky: Gold and Silver Producers Due for Big Upside

Economic Events on September 29, 2011

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 420,000 new jobless claims last week, which would would be 3,000 less than the previous week.

Also at 8:30 AM EDT, the final GDP report for the second quarter of 2011 will be announced.  . . . → Read More: Economic Events on September 29, 2011

Three Strikes: Molycorp Strikes Out in Washington

As exciting as the critical metals sector is becoming, Gold Stock Trades’ Jeb Handwerger warns that the public is being bombarded with misleading information, even at the highest levels of commerce and policy. In this exclusive article for The Critical Metals Report, Jeb gives his take on Molycorp’s recent presentation to Congress, and . . . → Read More: Three Strikes: Molycorp Strikes Out in Washington

The Fallacy of Stimulus Plans

I’d like to revisit and expound upon a thought I had in yesterday’s post on forgiving student loans:

Can we get rid of this whole nonsensical stimulus thinking? All money circulates. Ceteris parabis, the money will be spent at some point.

I wanted to explain this more thoroughly yesterday, but I was pressed for . . . → Read More: The Fallacy of Stimulus Plans