Gold, Silver Heading Up: Roger Wiegand

Roger Wiegand, editor of Trader Tracks, says cycles will bring gold and silver higher in the first half of 2012: gold up to $2,050/oz and silver up to $44/oz or even $50/oz. He sees plenty of opportunities for volatility given the political and economic situation in the U.S. and the EU. In this exclusive . . . → Read More: Gold, Silver Heading Up: Roger Wiegand

The David Brooks Fallacy

David Brooks, in an article titled “The Materialist Fallacy,” comes to this hilarious conclusion:

The American social fabric is now so depleted that even if manufacturing jobs miraculously came back we still would not be producing enough stable, skilled workers to fill them. It’s not enough just to have economic growth policies. The country . . . → Read More: The David Brooks Fallacy

Economic Events on February 17, 2012

At 8:30 AM Eastern time, the Consumer Price Index report for January will be released.  The consensus is that CPI increase 0.3% last month, and there was a 0.2% increase in CPI when food and energy are removed.

At 10:00 AM Eastern time, the Leading Indicators for January will be released, and the consensus . . . → Read More: Economic Events on February 17, 2012