A couple of weeks ago FOFOA made the following statement:
Do you remember the stories about HSBC clearing out space in their vaults, or JP Morgan building new vaults? What could be the explanation for this if the aggregate gold stock is so stable? Then it occurred to me that unallocated storage is much . . . → Read More: FOFOA, New Vaults and physical/paper price
With resource stocks extraordinarily cheap, 321energy.com Founder Bob Moriarty calls them “an opportunity of a lifetime,” in this exclusive interview with The Energy Report. However, investors need to steer clear of the dangers of derivatives. Moriarty explains how the hypothecation hobgoblins associated with these instruments can sneak up on investors and zero out . . . → Read More: Profit from Peak Oil: Bob Moriarty
That’s my recommendation for the corporate tax:
Those advocating a cut in the corporate tax rate today generally ignore the tax on dividends, as well as many other provisions of United States and foreign tax law that may reduce the effective tax rate well below the statutory rate.
A recent study found that only . . . → Read More: Eliminate the Complexity
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.
At 10:00 AM Eastern time, the Existing Home Sales report for November will be released. The consensus is that existing homes were sold at . . . → Read More: Economic Events on December 21, 2011