Category: Economics

The lack of excitement haunting the precious metals and mining shares markets over the past year is expected to change in the next few months, according to Michael Fowler, senior mining analyst with Loewen, Ondaatje, McCutcheon Ltd. In this exclusive interview with The Gold Report, he explains why he expects gold to finally break through […]

“ONLY PHYSICAL gold and silver meet the criterion of “money,” as PROVEN by the fact that EVERY fiat currency in history has collapsed….” Andy Hoffman  The Daily Bell is pleased to present this exclusive interview with Andy Hoffman. Introduction: Andrew (“Andy”) Hoffman, CFA joined Miles Franklin as marketing director in October 2011. For a decade, […]

European equities rose and peripheral bond yields fell on Friday on growing expectations of ECB action to bring down Spanish and Italian borrowing costs, but concerns about possible German opposition to such a move kept risk appetite in check. Euro zone governments and the European Central Bank are preparing to intervene on financial markets, French daily […]

International business taxation and its role in outsourcing are heating up as major election-year political issues. At a campaign stop in Cincinnati last week, President Obama cited a new report as evidence that Mitt Romney’s territorial tax reform proposal would push jobs abroad:  “By eliminating taxes on corporations’ foreign income, Gov. Romney’s plan would actually […]

The economic crisis that is sweeping Europe is starting to hit Britain really hard.  Over the last couple of years economists have been warning that we can’t let the “contagion” spread from troubled nations such as Greece and Portugal to the rest of Europe.  Well, it is too late for that now.  Spain and Italy […]

Taxmageddon is the one-year $494 billion tax increase that is poised to strike the economy on January 1, 2013.[1] It consists of expiring tax policies such as those set in 2001 and 2003 and the 2010 payroll tax cut. Taxmageddon also includes five Obamacare tax increases.  Congress should not let Taxmageddon occur. It will devastate […]

Is the U.S. economy in a recession right now?  Has the next recession in the United States already begun?  Unfortunately, there are a lot of economic numbers that are pointing in that direction.  U.S. retail sales have fallen for three months in a row, U.S. manufacturing activity is contracting and there are numerous indications that […]

After today’s Supreme Court ruling, Rep. Paul Ryan told TMJ4’s Charles Benson: “We think this is bad for Medicare, it restricts choices of health insurance, and we think this is a budget buster. We think it will hurt us in terms of job creation and we think it will take away the kind of innovation and […]

If Congress fails to act, Americans will face a $494 billion tax increase — the highest ever in one year — on January 1. What has been referred to as Taxmageddon might better be labeled “Jobsmageddon” because every dollar taken away from individuals and small businesses is a dollar that cannot create new private sector jobs. […]

Record high levels of unemployment and record low reserve funds have placed great pressure on the federal-state unemployment insurance (UI) tax and benefit system. Between 2008 and 2011, $174 billion was paid in unemployment taxes while $450 billion was paid out in benefits, a gap of $276 billion.[1] Benefits can be drawn in some states […]

The editors of The Daily Bell are pleased to present another interview with well-known libertarian philosopher Tibor R. Machan  Introduction: Tibor Machan is currently Professor Emeritus, Department of Philosophy, Auburn University, Alabama, and holds the R. C. Hoiles Endowed Chair in Business Ethics and Free Enterprise at the Argyros School of Business & Economics, Chapman University. […]