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 Smell of Rot
Saturday The smell of rot is in the air. European bank problems have become so bad that the media are actually covering it. There is usually a law of inverse proportion between the direness of the situation and the triviality of the media news. Maybe that is justified by the reality that the closer that the world approaches Armageddon, the more weirdly trivial the … [Read more...]