People have been sending me an article all evening that says Ron Paul proposes selling gold to pay down the national debt. The article is nonsense and it took me all of 5 seconds to spot the error. Somehow the New York Sun confused Ron Paul with some clown I have never heard of named [...]
Archive for the ‘World’ Category
Invisible Stock Bubble; Russell Napier sees S&P 500 Drop to 400
May 18th, 2011 
admin As measured by current earnings, the stock market does not seem hugely overpriced. The question is will those earnings hold up? SmartMoney associate editor Jack Hough addresses the question in The Invisible Stock Bubble A new stock bubble might now be in the making, but this time the signs are less obvious. U.S. stocks, despite [...]
Ron Paul Says Sell Gold? No Chance
May 18th, 2011 admin People have been sending me an article all evening that says Ron Paul proposes selling gold to pay down the national debt. The article is nonsense and it took me all of 5 seconds to spot the error. Somehow the New York Sun confused Ron Paul with some clown I have never heard of named [...]
Protests Mount in Spain; Sovereign Debt Crisis to Follow
May 17th, 2011 admin My friend Bran emails from Spain… Hello Mish Street protests are starting in Spain. Protesters call for real democracy and an end to corruption and big corporation rule, amongst other things. Organizers estimate the protest yesterday in Madrid was around 25,000. Now there are protests planned in twenty main cities with camp-ins. It seems this [...]
Gallup Pegs Underemployment at 19.1%, Same as 1 Year Ago; Gallup vs. BLS Unemployment Rate; Why is the BLS Consistently Lower?
May 17th, 2011 admin The most recent Gallup survey pegs US unemployment at 9.2%. That is not significantly different from the BLS report at 9.0%. However, the Gallup numbers are not seasonally adjusted the BLS unemployment rate is. Comparing not seasonally adjusted numbers, Gallup shows a .2 percentage point drop in the last year while the BLS reports an [...]
Posted in World 
Tags: 19.1%, Consistently, Gallup, Lower, Pegs, Rate, Same, Underemployment, Unemployment, Year 
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