“Cheap Labor”

Turns out it’s neither cheap nor labor:

“In 2010, 36 percent of immigrant-headed households used at least one major welfare program (primarily food assistance and Medicaid) compared to 23 percent of native households,” summarizes the document which was published by the Center for Immigration Studies and examines a wide variety of topics relating to . . . → Read More: “Cheap Labor”

Byron King: How to Up Your Investing IQ with Gold

Have you ever actually held a bar of gold in your hands? Byron King, editor of the Outstanding Investments and Energy & Scarcity Investor newsletters, suggests that you do. But becoming a smart investor shouldn’t just be about physical gold, King says. He also encourages investors to use investments in gold mining juniors . . . → Read More: Byron King: How to Up Your Investing IQ with Gold

Economic Events on December 19, 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 8:30 AM Eastern time, the Housing Starts report for November will be released.  The consensus is that construction on 865,000 new homes were . . . → Read More: Economic Events on December 19, 2012