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Tag Archives: gold
In Praise of Scrooge
Federal Reserve Chairman Ben Bernanke did something extraordinarily remarkable on Tuesday…he did nothing. Following the Federal Open Market Committee meeting, if you can believe it, Bernanke’s Fed statement made no monetary policy changes. Certainly, this is an exceptional feat. Remember, … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, DOW, federal reserve, gold, oil prices, S&P500
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Hell Bent on Destroying the Currency
We’re in San Francisco today taking a break from our daily labors to ride cable cars up and down Powell Street and traverse through the city’s sundried districts, like Chinatown, North Beach and Fisherman’s Warf, with our wife and son. … Continue reading
We Are All Screwed
Travels have taken us to Pueblo, Colorado. Until a week ago we’d never heard of the place. Yet here we are, observing life outside the Los Angeles Basin, and writing to you from the banks of the Arkansas River. If … Continue reading
Posted in Economy, MN Gordon
Tagged ben bernanke, currency, dollar, federal reserve, gold
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When Hell Froze Over
“By the pricking of my thumbs, something wicked this way comes.” – William Shakespeare, Macbeth On Tuesday, presidential candidate Rick Perry said further money printing between now and the election by Federal Reserve Chairman Ben Bernanke “…is almost treasonous.” Immediately, … Continue reading
Posted in Inflation, MN Gordon
Tagged consumer price index, DOW, federal reserve, gold, treasuries
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