Daily Digit: 0.32% 0.19%

So maybe I need to get into a daily digit type of routine.  Of late there is a round of news around the state how municipalities are going to use their shale gas impact fee windfall.  Here is the Inky’s version: PA towns savor drilling impact-fee checks.

How much of a windfall is . . . → Read More: Daily Digit: 0.32% 0.19%

Economic Events on October 26, 2012

At 8:30 AM Eastern time, the advance GDP report for the third quarter of 2012 will be announced.  The consensus is an increase of 1.9% in real GDP and an increase of 2.0% in the GDP price index.  The real GDP estimate is 0.6% higher than the final value for the second quarter of . . . → Read More: Economic Events on October 26, 2012

Yunz are cactus now

So this really is a remarkable bit of labor reporting….

The Wall Street Journal has an in depth look at a Pittsburgher who moved to Australia in August in search of well paying employment.   See: American Fills a Jobs Shortage—in the Aussie Outback – An American’s Coveted Gig: Three-Week Shifts at Mining Port in . . . → Read More: Yunz are cactus now

Sprott’s Charles Oliver Sees Momentum Building for Gold and Silver

Sprott’s Charles Oliver says it’s a great time to be heading up a precious metals fund. Gold and silver companies are trading at spectacular valuations, quantitative easings by the governments of the world are poised to strengthen the metals’ prices even further, and more bargains could be had soon if investors dump stocks . . . → Read More: Sprott’s Charles Oliver Sees Momentum Building for Gold and Silver

Economic Events on October 25, 2012

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 372,000 new jobless claims last week, which would would be 16,000 less than the previous week.

Also at 8:30 AM Eastern time, the Durable Goods Orders report for September will be released. The . . . → Read More: Economic Events on October 25, 2012

Morning over the Alleghenies

No time to parse, but some might want to see the latest promo piece (too long to be advertisement…  certainly not a documentary so I am not sure what to classify it as) from the MSC folks on all things Natural Gas in Pennsylvania.

If I were to  parse a bit I would start with . . . → Read More: Morning over the Alleghenies

Going with Your Gut on Rare Earth Stocks: Mike Niehuser

Mike Niehuser isn’t a rare earth expert per se, but the Beacon Rock Research founder says many of the same investment principles hold true for resource stocks across sectors. At the end of the day, all resource stocks, rare earth plays included, are story stocks, and it takes intuition to buy or sell . . . → Read More: Going with Your Gut on Rare Earth Stocks: Mike Niehuser

Economic Events on October 24, 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 September will be released. The consensus is that 285,000 new homes were sold . . . → Read More: Economic Events on October 24, 2012

Mining Stocks Now Provide Bargain Trade Opportunities: Florian Siegfried

Many precious metals mining stocks are now trading at bargain prices but the old “buy and hold” strategy no longer applies in this fluid market environment, says Florian Siegfried, CEO of Precious Capital AG. In this exclusive interview with The Gold Report, Siegfried says investors need to do their homework and pick their . . . → Read More: Mining Stocks Now Provide Bargain Trade Opportunities: Florian Siegfried

Economic Events on October 23, 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 8:55 AM Eastern time, the weekly Redbook report will be released, giving us more information about consumer spending.

At 10:00 AM Eastern time, the . . . → Read More: Economic Events on October 23, 2012