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