Thursday The Western world has seen a century-long rise in the public esteem of ivory tower theorists – people who cannot do anything, but who can talk prettily. In that category can be lumped Ben Bernanke, Hillary Clinton, Barack Obama, George Soros, David Cameron, Jean-Claude Juncker and yes, all those others who are springing to your mind, just as they are to mine. Nor … [Read more...]
We Are Alone
Friday For untold thousands of years, gold was accumulated in various parts of the world. Circa 1500 BC, in Egypt, it finally emerged from the vast temple hoards and began to circulate as money. That one act began the transition to the world’s first advanced society and a prosperity that reached beyond just the ruling class. Only circulating money can create the … [Read more...]