Gold Mining in West Africa Promises Growth: Mark Lackey

Mark Lackey, chief investment strategist with Pope & Company, sees particular promise among small-cap gold equities in West Africa. Burkina Faso and Mali offer good topography and stable, democratically elected governments with little interest in economic nationalism. Given Lackey’s view that gold will float between $1,600 and $1,800/ounce this year, he says in . . . → Read More: Gold Mining in West Africa Promises Growth: Mark Lackey

Women Are Marginal Labor

First, here’s this:

She is far from alone, according to a new study from the Federal Reserve, due to be published shortly.

It shows that between 1993 and 2006, there was a decline in the workforce of 0.1 percent a year on average in the number of college-educated women, with similarly educated spouses.

That . . . → Read More: Women Are Marginal Labor

Pittsburgh is doomed

h/t to Jim R. for catching this intense bit of dismalness on the future of Pittsburgh from the Washington Monthly article Terminal Sickness, subtitled (How a thirty-year-old policy of deregulation is slowly killing America’s airline system—and taking down Cincinnati, Memphis, and St. Louis with it.).  The money quote is below.

Before you read I . . . → Read More: Pittsburgh is doomed

Economic Events on March 20, 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 Housing Starts report for March will be released. The consensus is that construction on 700,000 new homes were started . . . → Read More: Economic Events on March 20, 2012