Junior Miners Still Giving the Street Something to Talk About: Philip Ker

Which junior miners are giving the Street something to talk about? Some shining examples of promising companies with good balance sheets do exist despite what seems like a market dominated by bad news. In this exclusive interview with The Gold Report, Philip Ker, an analyst with Vancouver-based Union Securities, shares the good news . . . → Read More: Junior Miners Still Giving the Street Something to Talk About: Philip Ker

The Curious Case Of Liquidity Traps And Missing Collateral – Part 2

In this second part of my take on liquidity traps and missing collateral in global financial markets I would like to respond to some of the talking points set out by FT Alphaville’s Cardiff Garcia (again in response to the much talked about piece by Credit Suisse). Even though blog posts tend to . . . → Read More: The Curious Case Of Liquidity Traps And Missing Collateral – Part 2

Economic Events on July 31, 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 Employment Cost Index for the second quarter of 2012 will be announced.  The consensus is an increase of 0.5%.

. . . → Read More: Economic Events on July 31, 2012

How many natural gas vehicles are there in Pennsylvania?

Seems like a simple question doesn’t it.  All the talk, buzz and policy swirling around the future of natural gas you would think someone would have information on the total number of natural gas vehicles currently in use in Pennsylvania.  I could not easily find anyone with a guestimate even which I thought is . . . → Read More: How many natural gas vehicles are there in Pennsylvania?

Play US Energy Independence with Income-Generating MLPs: Stephen Maresca

Fossil fuels have to be transported and stored. This is the classic midstream industry that resides between the producers and the marketers and that generally makes money regardless of the price of oil, natural gas or natural gas liquids (NGLs). Now, with the boom in production coming from unconventional oil and gas shales . . . → Read More: Play US Energy Independence with Income-Generating MLPs: Stephen Maresca

Economic Events on July 30, 2012

At 10:30 AM Eastern time, the Dallas Fed Manufacturing Index for July will be released.  The consensus is that the index will be at 2.5, which would be a decrease of 3.3 points from the previous month.

Harry Dent’s Formula for Surviving the Great Bust Ahead

With a perfect storm brewing on the horizon, investors should be building their cash cache and running for cover, warns Harry Dent, author of The Great Crash Ahead. In this exclusive interview with The Gold Report, Dent explains how central bank stimulus programs are fighting a futile battle because a huge army of . . . → Read More: Harry Dent’s Formula for Surviving the Great Bust Ahead

The Root of the Problem

Here’s why behavioral economics is slow to take off:

More and more, I am thinking about this area in terms of the normative vision of the world it presupposes. Most amazingly, behavioral economists tend to accept the normative stance of neoclassical or standard economics (that is, the axioms of rationality). They “simply” do not . . . → Read More: The Root of the Problem

Economic Events on July 27, 2012

At 8:30 AM Eastern time, the advance GDP report for the second quarter of 2012 will be announced.  The consensus is an increase of 1.2% in real GDP and an increase of 1.6% in the GDP price index.  The real GDP estimate is 0.8% lower than the final value for the first quarter of . . . → Read More: Economic Events on July 27, 2012

Automation and Guaranteed Minimum Income

Here’s a comment Glowing Face Man left on a blog post titled “It’s No Coincidence”:

You (and the supermajority of pundits) labor under the false assumption that everybody needs jobs, that a healthy economy involves 90%+ employment. This simply is not consistent with the reality of automation, it will become less and less consistent . . . → Read More: Automation and Guaranteed Minimum Income