Gold and Silver Stocks Poised to Recover in 2012: Charles Oliver and Jamie Horvat

Opportunities abound across the spectrum of precious metal equities, which remain undervalued as bullion prices continue their upward trends. That’s the word according to Charles Oliver and Jamie Horvat, both senior portfolio managers at Sprott Asset Management. In this exclusive interview with The Gold Report, Oliver and Horvat express cautious optimism about the . . . → Read More: Gold and Silver Stocks Poised to Recover in 2012: Charles Oliver and Jamie Horvat

Whence Inheritance

Here’s an explanation called the “rotten parent theorem”:

Wealthy kids are usually wealthy because their wealthy parents left them a lot of money. You might think that’s because parents are altruistic towards their kids. Indeed every dollar bequeathed is a dollar less of consumption for the parent. But think about this: if parents are . . . → Read More: Whence Inheritance

Variant Perception: A Primer on the Euro Breakup

You may have already noticed that this one has been going the rounds. The piece is mainly driven by my colleague Jonathan Tepper’s work on the history of currency union breakups and how they work (or don’t).

It is a big piece in its entirety but the different sections can be read as standalone arguments. . . . → Read More: Variant Perception: A Primer on the Euro Breakup

Economic Events on February 29, 2012

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 8:30 AM Eastern time, the preliminary GDP report for the fourth quarter of 2011 will be announced.  The consensus is an increase of . . . → Read More: Economic Events on February 29, 2012

Everything You Need to Know

About the 2012 Republican Party candidates:

CFRB compares the candidates’ plans to a “realistic” baseline that assumes the Bush tax cuts are made permanent and the automatic sequesters required by the Budget Control Act of 2011 are waived, among other things. Relative to that extremely pessimistic baseline, Santorum and Gingrich still want huge increases . . . → Read More: Everything You Need to Know

Behind Curtain Number 2...

Sometimes it is worth looking back at old posts. Actually a reader reminded me recently that there still are ‘deals’ being shopped to consumers for locking in long term natural gas prices.   Reminds me that a year and a half ago I posted this letter I received myself.

Was it a good deal?  Even . . . → Read More: Behind Curtain Number 2…

Biofuels Carry Upside for Early Investors: Jim Lane

The biofuel sector, already an $80 billion a year industry, is still in its infancy. In this exclusive interview with The Energy Report, Biofuels Digest Publisher Jim Lane discusses the exponential growth slated for this once-obscure energy source, and how its market resembles the traditional oil and gas industry in many ways. While . . . → Read More: Biofuels Carry Upside for Early Investors: Jim Lane

Economic Events on February 28, 2012

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 8:30 AM Eastern time, the Durable Goods Orders report for January will be released. The consensus is that there was a decrease of 0.7% . . . → Read More: Economic Events on February 28, 2012

Austerity and Reality

Paul Krugman still doesn’t get it:

Watching Europe sink into recession – and Greece plunge into the abyss – I found myself wondering what it would take to convince the chattering classes that austerity in the face of an already depressed economy is a terrible idea.

After all, all it took was the predictable . . . → Read More: Austerity and Reality

Gold, Silver Juniors Should Shine in 2012: Mark Raguz

After a tough 2011, Mark Raguz and his colleagues at Pinetree Capital are looking at the junior resource sector with renewed optimism. In this exclusive Gold Report interview, he names some of the plays that are fueling that sentiment, from gold names in Northern Ontario to silver names in Mexico.

The Gold Report: . . . → Read More: Gold, Silver Juniors Should Shine in 2012: Mark Raguz