Jason Kelly

13 Flips | 2 Magazines | @jk6 | Keep up with Jason Kelly on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Jason Kelly”

$1 billion of gold has been shipped from New York to South Africa this year

<i>This item has been updated.</i><p>Examining US trade data, we were surprised to see that South Africa’s $402 million trade surplus with the United States in January had turned into a $689 million deficit by March. Why?<p>It turns out the $1.1 billion swing is entirely due to unusual shipments of gold from …

South Africa

BARRON'S: There Were Two Gigantic, Suspicious Sales Of Gold On Friday That Caused The Price To Plunge

This gold weakness is causing a lot of consternation to fans of it who don't understand how the precious metal can keep falling, when central banks around the world continue to press down on the gas pedal.<p>A lot of gold bugs think the price is being manipulated somehow, or that there's some …

Did Stuxnet Actually Improve Iran’s Nuclear Capabilities?

Friedrich Nietzsche is credited with the old saying: “That which does not kill us makes us stronger.” Today there’s an interesting report concerning …

Uranium

Chile student protests resume as 100,000 march

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/969000/969361_h264_1500k.mp4?__gda__=1532487831_7c9a953d05197da51720541d8ee0fd48<p><b>Students in Chile have resumed their protests for education reforms, with more than 100,000 people taking to the streets of the country.</b><p>In the capital, …

Teargas

10 Biggest 401(k) Mistakes—and How to Avoid Them

As traditional defined-benefit pensions become increasingly rare, more Americans instead are offered employer-sponsored 401(k)s, defined-contribution …

Who will hire all the PhDs? Not Canada’s universities

A persistent theme in current discussions about graduate education and its outcomes is the question of whether Canada is "producing too many PhDs." While enrollments (and numbers of PhD graduates) have increased with the encouragement of policy, more of these grads now struggle to find employment …

BofA: The World Is Developing An Inflation Problem

The real problem right now though, according to BofA Merrill Lynch economist Ethan Harris, is actually the opposite - disinflation (positive, but falling inflation rates).<p>"For central banks," many of which have a 2 percent inflation target, says Harris, "this increases the pressure to maintain …

Economics

Gold is the worst investment of 2013, and Goldman now suggests you stop shorting it

Commodities watchers at Goldman Sachs suggest that those betting on a continued decline in gold prices take their winnings off the table. But that doesn’t mean they think prices will now start to rise. They just figure that in terms of risk and reward, they’d rather be out of the trade right now. …

Tweaking GDP statistics won’t hide the fact that Americans are doing worse

Uncle Sam is about to rewrite US economic history stretching all the way back to 1929.<p>With a statistical flick of the switch starting in July, the US government will increase the size of the world’s largest economy by about 3%. How? The agency that tallies up US GDP is going to be changing the way …

Why America Might Become A Nation Of Renters Yet

According to the U.S. Census Bureau, the seasonally adjusted national homeownership rate stood at 65.3 percent in the fourth quarter of 2012. That was a big dip compared with the peak of 69.4 percent in 2004 but comparable to the 65.4 percent rate way back at the beginning of 1996.<p>The decline has …

Real Estate

China doesn’t want your trash anymore—and that could spell big trouble for American cities

As Americans carefully separate the paper and plastics from their trash, most probably don’t realize that their country doesn’t recycle stuff so much as export it to be recycled elsewhere. Specifically, to China. For more than five years, scrap and trash has consistently been the US’s biggest …

Sustainability

PSA: LG Optimus G Pro now available at AT&T

American fans of giant smartphones haven't lately had the giant selection of devices to match, but AT&T can at last offer a little diversity: the LG Optimus G Pro is now on sale at the carrier's online and retail stores. For $200 on contract or $550 contract-free, US residents can get a 5.5-inch …

Our connected future: What to expect when elevators and toys start phoning home

Your next elevator pitch might actually come from data derived from your elevator. That’s the case for an unnamed elevator manufacturing company that …