Few statistics are more debated than unemployment numbers. The former head of the Bureau of Labor Statistics (BLS), the agency publishing unemployment numbers, estimates the figures are probably 3% too low. The unemployment numbers are based on people actively looking for work. The first figure shows the percentage of labor force participation. Each horizontal line on this chart represents 2 million people. Since the official start of the 2008 recession, 6 million fewer people are labor participants. Four million fewer participate since the recession officially ended in mid-2009. Think that a Bachelor’s degree protected a labor participant? The second figure shows an even smaller percentage of college graduates in the labor force though the phenomenon started before the official end of the 2008/2009 recession.[Read more...]
Since readers clamored that yesterday’s report on 3 Ways to Identify Your Own Private American Oasis didn’t protect them from domestic or foreign capital controls, like FATCA, we’ve graciously decided to rise to the challenge.[Read more...]
U.S. Global Investors recently welcomed Doug Peta, an economist from BCA research, to our offices. He presented some interesting research regarding the Fed Funds Rate Cycle, and in turn, what that research could mean for gold. I wanted to share points from his presentation, as well as our own in-house research, to help you understand the positivity we see for the precious metal looking towards 2015.[Read more...]
Although the mainstream media have turned its attention away from the wreckage of Obamacare, don’t think for a second that all is well.
As the politicos in D.C. focus their attention on the midterm elections in November, now is a great time to study, prepare, and seek out the most affordable, accessible, and highest quality options for you and your family.[Read more...]
Dull market boring you to death this summer?
Maybe it’s not the market. Maybe it’s you. There’s actually plenty of stock market action that could help you line your pockets right now…
You just have to know where to look.
I’ve said it before and I’ll say it again — boredom is not an excuse to bet against the market. That’s the big mistake so many investors and traders are making this year. They see the S&P slowly churning near all-time highs and they dive headfirst into shorts.[Read more...]