‘A Modest Proposal’ for Government Grading of U.S. Citizens »
Joseph L. Shaefer submits:
The EPA and the Transportation Department have combined their intellectual firepower and proposed new rules that would require passenger cars to be labeled with a grade from A to D depending on the vehicle’s fuel efficiency and emissions. (I imagine they wanted to have an “F” [...]
Fuel-Thirsty China, The One Thing Investors Can Rely On »
Jim Trippon submits:
Green energy gets all the publicity these days. Even China, which has a reputation as the world’s biggest greenhouse gas emitter, is cracking down hard on energy usage.
Premier Wen Jiabao vows to use an "iron hand" to improve China’s energy efficiency. Beijing has just ordered more than 2,000 steel mills, cement plants and [...]
Gold Demand: ETFs Bigger Than Jewelry »
New data shows Gold ETF demand overtaking jewelry buying between April and June…
The WORLD GOLD COUNCIL just launched its quarterly Gold Demand Trends report, says Julian Murdoch at Hard Assets Investor, and it had lots of lovely statistics to ponder as it surveyed what the gold market looked like during the second quarter of 2010.
So [...]
Japan’s New Stimulus: Good for Gold »
When Quantitative Easing causes inflation, people naturally turn to Gold Investment…
THE BIG ISSUE in global markets is the meeting of the Bank of Japan, writes Julian Phillips of the Gold Forecaster, where they debated what to do about a Yen strong enough to damage Japanese exports, the mainstay of the Japanese economy.
It was agreed that [...]
Say, Who’s In Charge Round Here? »
As soaring Gold Prices show, the US president has less control of the economy than you might think…
LISTENING to Trader Tracks editor Roger Wiegand talk about market conditions and precious metals is like listening to your favorite uncle tell stories at Thanksgiving, says Brian Slyvester at The Gold Report.
The difference is, Roger Wiegand’s stories are [...]
Triple-A Rated Warning »
How the ratings agencies emerged from the credit crisis unscathed…
"NOTHING is ever clear or certain in public," we wrote in The New Empire of Debt, says Addison Wiggin, executive publisher of The Daily Reckoning.
"Every error is someone else’s fault. That is why so many men prefer it. The public world is so surrounded in fog [...]
Making a Big Deal of $1.84 Trillion »
Digging for metal on the stock market is less productive than digging in the ground…
WITH ITS $39 billion hostile bid for Canada’s Potash Corp., global mining giant BHP Billiton capped an active August in the mergers-and-acquisitions market, writes Martin Hutchinson at Money Morning.
With the moribund growth prospects of the US economy, there would seem to [...]
Gold Investing with Jewelry »
Using jewelry for Gold Investment – a joke or not…?
GOLD is a highly emotional market, writes Lara Crigger at Hard Assets Investor.
But exactly which emotions drive which investors? It might surprise you, says Frank Holmes, CEO and chief investment officer of US Global Investors, an investment adviser managing 13 natural resources and emerging market mutual [...]
Getting Used to Decline »
Japan’s lesson for today’s US investors, consumers and workers…
ACCORDING to an article that appeared in The New York Times, written by Norihiro Kato, the Japanese have gotten good at sloughing off their worldly cares, writes Bill Bonner in his Daily Reckoning.
Japan is no longer the world’s number two economy; it was eclipsed this summer by [...]
Gas Pump Price ETF: Time for a Late-Summer Surge? »
Tom Lydon submits:
Summer is winding down. But before it can officially be called, we need to get through Labor Day weekend. In these savings-crazy times, will enough people hit the road to drive the gasoline ETF upward?
There’s no time like Labor Day to get behind the wheel, and low prices could be enough to [...]
