Monday Global Warming is the greatest ever Red Herring, but it has to be acknowledged that it is also the most successful. A whole generation of children have been indoctrinated with the belief that unless we destroy Western Civilization by removing the use of fossil fuels, then Western Civilization will end. It is a combination of Chicken Little writ large and the … [Read more...]
A Spot of Bother
Thursday The economy of the EU is in big trouble. ECB president, Mario Draghi, has suggested that he is going even deeper into negative interest rate territory in the effort to spur growth. The only growth in the EU is in migrants – migrants who don’t work but who immediately go onto welfare. Most with zero plans to ever get off welfare. Needless to say, … [Read more...]
What Will Happen with Gold?
Friday Yesterday, some friends asked me what I thought was going to happen with Gold. It brought forth the usual answer: “Nothing, Gold will do exactly what it has done for thousands of years – remain stable”, or words to that effect. A reminder of my graph from a post last year on the price/value of Gold. It remains … [Read more...]
The Great Instability
Tuesday We are entering the time of the Great Instability. The order forged in the post-WW2 period, is collapsing. That is to be cheered. In a fast-changing world, the order has become sclerotic; rigidly defending a time that has passed. To do so, it has been forced to rely on ever-increasing personal surveillance with ever-diminishing human rights. It has become the … [Read more...]