Tag Archives: china
The Consequences of Lard
The Labor Department reported last Friday that consumer prices increased 0.3 percent in March. More importantly, however, when adjusting for the increase in prices, worker earnings fell 0.4 percent during the month. What this means is that wage earners are … Continue reading
The Next Crisis No One Is Talking About
Mark Twain once remarked, “Whiskey is for drinking; water is for fighting over.” If the convergence of water scarcity factors currently shaping up comes to pass, this could be the century of water wars. No doubt, a devastating water crisis … Continue reading
China’s Return to Normal
The stock market watches Europe with intent hesitation. Up one day. Down the next. One day Europe’s on the verge of financial meltdown and stocks are in the cellar. The next day rumors of a big bailout have markets floating … Continue reading
Why Gold Is Going Higher
Several weeks ago the gold market took it on the chin…falling from $1,540 per ounce on May 4 to about $1,480 per ounce on May 17. Since then gold has quietly been making its way back up the charts. Yesterday … Continue reading