Clive Maund: Gold to Profit from Economic Uncertainty

The mountains of debt engulfing Western economies is likely to lead to hyperinflation according to Clive Maund, president of clivemaund.com. In this exclusive interview with The Gold Report, Maund details the scenario he sees for collapse and reveals several gold stocks that could benefit.

The Gold Report: Clive, on clivemaund.com you said “for fundamental . . . → Read More: Clive Maund: Gold to Profit from Economic Uncertainty

Spot The Fallacy (Labor Edition)

From ASI:

Economist Diane Coyle has noted that migrant workers in the UK tend to be either very highly skilled or low skilled, which suggests that they are filling gaps in specific areas of the labour market, not taking jobs from the native or resident population. And Bryan Caplan explains that by doing low-skilled . . . → Read More: Spot The Fallacy (Labor Edition)

John Williams: Can Domestic Natural Gas Cut the Deficit?

The prospect of significant U.S. natural gas production may not be powerful enough to overcome the hot air coming from government quarters, but ShadowStats Editor John Williams identifies it as one bright spot in his otherwise dark outlook for the U.S. economy. As Williams tells The Energy Report in this exclusive interview, increased . . . → Read More: John Williams: Can Domestic Natural Gas Cut the Deficit?

Economic Events on November 30, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.

The Challenger Job-Cut Report will be released at 7:30 AM Eastern time, providing an estimate of the number of layoffs in November.

At 8:15 . . . → Read More: Economic Events on November 30, 2011

Welfare

I’ve been meaning to comment on this for a very long while:

Many people think life without the welfare state would be chaos. In their minds, nobody would help support the less fortunate, and there would be riots in the streets. Little do they know that people found innovative ways of supporting each . . . → Read More: Welfare

Taxing investors to pay NGOs

In India, NGOs are fashionable. It is almost never wrong, in the Indian discourse, to give more money and more functions to NGOs.

Many people have worried about the extent to which NGOs are being used to supplant failing State machinery. This may seem expedient, but no country every became a developed country on . . . → Read More: Taxing investors to pay NGOs

John Williams: Hyperinflation Warning, Preserve Value with Gold

Among the specters lurking in ShadowStats.com’s Editor John Williams’ gloomy outlook for the U.S. are the demise of the dollar, hyperinflation and the ongoing lack of political will to take sound corrective measures. Still, as he tells The Gold Report in this exclusive interview, investors have options. Williams contends that turning to gold, . . . → Read More: John Williams: Hyperinflation Warning, Preserve Value with Gold

Economic Events on November 29, 2011

At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM Eastern time, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM Eastern time, the . . . → Read More: Economic Events on November 29, 2011

Whatever Happened to On-The-Job Training?

Jerry Driscoll:

It is a widespread problem: the article reports survey results showing that 83 percent of manufacturers reported a moderate or severe shortage of skilled production workers. The shortages include such categories as machinists. Wages for skilled labor are rising, in some cases at double-digit rates.

Unskilled labor is complementary to skilled labor. . . . → Read More: Whatever Happened to On-The-Job Training?

Jordan Roy-Byrne: Gold Stocks Due for a Breakout Soon

Gold stocks may have been underperforming investor expectations for many months, but that could be changing very soon. In this exclusive interview with The Gold Report, Jordan Roy-Byrne, CMT, explains how he uses relative strength analysis to pick winners for the readers of The Daily Gold Newsletter. His technical work points to a . . . → Read More: Jordan Roy-Byrne: Gold Stocks Due for a Breakout Soon