West End Story

PG has a story on the latest in immigrant attraction efforts in town here.  Certainly not the first of such efforts. More than a decade ago Pittsburgh’s immigrant attraction efforts were page A1 in the NYT with this:   To Fill Gaps, Cities Seek Wave of Immigrants. It has also been a nearly perpetual topic here in . . . → Read More: West End Story

The Case of the Missing 200 Million Barrels of Oil: Marshall Adkins

Supply threats in the Middle East have governments around the world hoarding oil, largely in secret. But it didn’t get past Raymond James Director for Energy Research Marshall Adkins, who noticed the 200 million-barrel discrepancy between what was pumped and reported global oil reserves. Where did the missing oil go, and why don’t . . . → Read More: The Case of the Missing 200 Million Barrels of Oil: Marshall Adkins

Economic Events on September 28, 2012

Also at 8:30 AM Eastern time, the monthly Personal Income and Outlays report for August will be released. The consensus for Personal Income is an increase of 0.2% over the previous month and the consensus Consumer Spending index change is an increase of 0.5%.

At 9:45 AM Eastern time, the Chicago PMI Index for . . . → Read More: Economic Events on September 28, 2012

Gold Will Break Previous High in Near Term: Brien Lundin

Brien Lundin expects money printing by the Federal Reserve to raise gold above its $1,920/oz high, and as editor and publisher of Gold Newsletter, he considers it his job to show people how to profit. In this exclusive Gold Report interview, Lundin explains why he believes it is time to be aggressive in . . . → Read More: Gold Will Break Previous High in Near Term: Brien Lundin

Economic Events on September 27, 2012

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 376,000 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 August will be released. The . . . → Read More: Economic Events on September 27, 2012

Shale Shrugged

AP is running a look at the history of fracking and all of that: Decades of federal dollars helped fuel gas boom

But what I think the story misses, and pointed out here in the past, is the long history of Federal research into that which is known as fracturing including the attempts to . . . → Read More: Shale Shrugged

Cutting-Edge Technologies Will ‘Green’ Fracking: Keith Schaefer

Fracking in the U.S. is here to stay, affirms Keith Schaefer, editor of the Oil & Gas Investments Bulletin. North American business is dependent on cheap energy, and even energy utilities are switching from coal to natural gas. Although environmental concerns remain, the industry has incentive to do the right thing, says Schaefer. . . . → Read More: Cutting-Edge Technologies Will ‘Green’ Fracking: Keith Schaefer

Economic Events on September 26, 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 10:00 AM Eastern time, the New Home Sales report for August will be released. The consensus is that 380,000 new homes were sold . . . → Read More: Economic Events on September 26, 2012

47%

So Romney is getting into trouble for at one point in time observing the verifiable fact that 47% of Americans don’t pay personal income taxes. (Or, to state it more accurately, 47% of Americans did not have any income tax liability.)  Perhaps now would be a good time to observe that 47+% of Americans . . . → Read More: 47%

Creating Currency Is a Blank Check for Miners: Leonard Melman

Worldwide monetary creation today has implications for the watchful investor in gold and silver. In this exclusive interview with The Gold Report, Leonard Melman, publisher and editor of The Melman Report, explains why, and shows who will be well positioned to benefit from current economic stimulus strategies.

The Gold Report: Now that the . . . → Read More: Creating Currency Is a Blank Check for Miners: Leonard Melman