You Should Be Dollar-Cost Averaging Your Gold Purchases


by Peter Coyne, Daily Reckoning

'I'd like to buy gold' says one reader, 'and my friend told me to 'dollar-cost average.' What does that mean?'

Here's our short answer...


 more WWRT

What We Read Today 03 September 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Even the Statisticians Are Highly Dubious of Applying Their Methods in Economics!

Fixing the Economists Article of the Week

by Philip Pilkington

Lars Syll ran a rather amusing quote from a handbook on mathematical statistics in which the author - a mathematical statistician - lays out all the cop-out arguments used by those who apply these methods in a dubious manner in the social sciences.


Infographic Of The Day: Benefits Of Outsourcing For Your Business

So you’re thinking about outsourcing?

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Video of the Day:

Bullying can start to be a problem in middle school. But not always. After a group of 5th grade boys noticed a classmate with a learning disability getting teased, they banded together and made him a part of their gang.

video of day picture

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 more investing, markets, precious metals & forex Technical Summary 03 September 2015

 more opinion

Blame the Federal Reserve, Not China, for Stock Market Crash

by Ron Paul, Daily Reckoning

Following Monday's historic stock market downturn, many politicians and so-called economic experts rushed to the microphones to explain why the market crashed and to propose 'solutions' to our economic woes. Not surprisingly, most of those commenting not only failed to give the right answers, they failed to ask the right questions.


 USA economy at a glance (boxed items are updates in last 7 days)

August 2015 ISM Services Index Marginally Declines

Written by Steven Hansen

The ISM non-manufacturing (aka ISM Services) index continues its growth cycle, but declined from 60.3 to 59.0 (above 50 signals expansion). Important internals likewise declined but remain in expansion. Market PMI Services Index was released this morning, also is in expansion, but improved.

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