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

How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion

In a tough market for junior gold shares over the past three years, Peruvian mining stocks have outperformed the mining indexes. Peru is a booming economy with well-defined mining laws and a vocal mining protest movement that could be playing a constructive role in future development. In this exclusive interview with The Gold . . . → Read More: How to Find the Next Tenbagger in Peru: Maria Belen Vega and Ricardo Carrion

Economic Events on July 26, 2012

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 380,000 new jobless claims last week, which would would be 6,000 less than the previous week.

Also at 8:30 AM Eastern time, the Durable Goods Orders report for June will be released. The . . . → Read More: Economic Events on July 26, 2012