Author Archives: MN Gordon

The Perfect Storm Bearing Down Upon Us

Posted on July 28, 2015 by MN Gordon

The barbarous relic wasn’t the only thing that got smashed last week.  Commodities did too.  On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped.  Oil did too…falling below $50 a barrel.  Still, … Continue reading →

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The Barbarous Relic takes a Beating

Posted on July 24, 2015 by MN Gordon

Fantasies, failings, fraud, and folderol.  These are the elusive straws we grasp for when contemplating the marvels of modern day money.  There’s little hope we’ll ever come up with a solid handful we can pull ourselves up by. Still, we … Continue reading →

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China’s Exercise in Futility

Posted on July 21, 2015 by MN Gordon

At the moment, it appears the Chinese government has forestalled a full stock market meltdown.  To do so, the People’s Bank of China made direct purchases of stocks trading on the Shanghai Stock Exchange.  What type of chimera is this? … Continue reading →

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Will We Get the 1930s or 1970s?

Posted on July 17, 2015 by MN Gordon

What’s the deal with your neighbor?  His car’s 12 years old.  His house has minimal upgrades.  He’s the only guy left on the street who still cuts his own grass.  Is he a weirdo?  Or is he a millionaire? Certainly, … Continue reading →

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