Thursday As the Australian economy falls ever-deeper into recession, it behoves thoughtful people to contemplate how they will protect their business as best as possible. I began my first business 61 years ago; I’ve been around. I’ve seen the highs and lows and with complete confidence I will state that this ‘downturn’ will be of a severity far worse than anything … [Read more...]
Keith Interviewed on “Know Your Risk” Radio Show
Friday This is about six weeks old, but if you missed it, I would recommend listening to it now. It’s an interview that includes Dr. Keith Weiner, “one of the preeminent Gold experts in the world”. There is some ‘price of Gold’ BS, but there is also a lot to interest a serious student of money and economics. … [Read more...]
On the Shoulders of Giants
18th century: “If I have seen far, it is because I have stood on the shoulders of giants.” Sir Isaac Newton 21st century: “You have to be very careful in your choice of giant because you may be facing the wrong way.” Wallace Thornhill As has been oft noted, the assumption of all people throughout history is that they are smarter and more sophisticated than … [Read more...]