There Is More to Gold than Mere Capital Appreciation: John Hathaway

John Hathaway, senior managing director of Tocqueville Asset Management, does not particularly trust banks to keep stores of physical gold safe and segregated. Indeed, he considers his black lab Jake a better watchdog than the SEC. That is why he favors the SmartMetals program from Hard Assets Alliance, a new service launched in . . . → Read More: There Is More to Gold than Mere Capital Appreciation: John Hathaway

Dependency

Some hack is complaining about how people who were promised that the government would take care of them are relying on the government to take care of them:

How much do senior citizens rely on Social Security? Even more than you might think. A new study finds that more than 46 percent of Americans . . . → Read More: Dependency

Economic Events on August 9, 2012

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 367,000 new jobless claims last week, which would would be 2,000 more than the previous week.

Also at 8:30 AM Eastern time, the International Trade report for June will be released.  The consensus . . . → Read More: Economic Events on August 9, 2012