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- Unsurprisingly, the Vietnamese government has tried to bring all of that gold out of the underground economy. But as is generally the case, that’s easier said than done. http://bit.ly/2mFTYXC
- Against Public Policy
- The combination of high levels of debt and dropping retail sales should send up a big warning sign. It could be a sign that Americans are maxed out. They’ve hit those credit card limits and spending is slowing down. http://bit.ly/2EGkudw
- Hedonic adjustments for technological advances overstate the benefits to consumers, and allow the government to understate CPI increases. Just because a computer is twice as fast does not mean it delivers twice the value to consumers.
- The Fed has kept rates artificially low for years, but given current conditions, it’s inevitable that the market will lift rates toward “normal.” The result? Gold is going to “go ballistic. http://bit.ly/2GElQmk
- Economics in One Lesson
- Conventional wisdom tells us gold should be way down. Since gold doesn’t pay dividends or interest payments, investors typically shed non-yielding assets like gold. It isn’t. People are buying gold. http://bit.ly/2EIPDJB
- Silver Is Significantly Undervalued – A Terrific Buy (Video) @SchiffGold http://t.co/uEnTBjhOsm
- I'm a software developer looking for an idea for a open source project. What do you think it could be helpful?
- Hope springs eternal. After having initially forecast 2017 Q4 #GDP growth at 4.5%, only to see it come in at just 2.6% (likely to be revised lower next month), the Atlanta Fed's initial read on 2018 Q1 GDP is 4.2%. Let the GDP limbo begin.