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What if the last few years was just the eye of the storm passing overhead and like all good hurricanes, we’ve got the other half to deal with…I mean, there’s been an enormous amount of money printing, a slight uptick in the economy that everyone desperately labelled a recovery and…now what? Not to get all…
California’s recent budget struggles are well known. For years the state has struggled with a constitutional amendment that required all new spending to be voter approved in an ongoing series of have-it-now-pay-for-it-later referendums. Well, combined with some shady accounting practices, which are apparently all the rage these days, it looks like California’s financial crisis is…
Channel stuffing, the practice that GM uses to give the appearance of increased sales is a subject which I’ve written about several times. Recent revisions by the GAO indicate that channel stuffing is responsible for 1.2% of the 2.3% anemic growth last quarter… That means the economy is not only NOT recovering, it’s stalling. Buy…
I’m not optimistic by nature. But when the government is involved, I’m more skeptical than ever. The Bureau of Labor Statistics released the new job numbers this morning and only 120,000 jobs were created last month. Not so good. But here’s the great news, the unemployment rate STILL went down. Just like Obama needs it…
Houston Gold Merchants got a visit from the Houston Police Department today. I was pleased to have had the opportunity to chat with HPD Officer Rick Barajas, Criminal Investigator from the Precious Metals Unit of HPD. The Precious Metals Unit is newly formed and its members, including Officer Barajas, were out getting to know the…