Tag Archives: gold

Alan Greenspan’s Pickled Economy

Former Federal Reserve Chairman Alan Greenspan resurfaced this week.  We couldn’t recall the last time we’d heard from him.  But, alas, the old fellow’s in desolate despair. On Tuesday, for instance, he told Bloomberg he hasn’t been optimistic for “quite … Continue reading

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Before the Devil Knows You’re Dead

Something rather strange is going on.  Ten year Treasury yields and gold are simultaneously envisaging inflation and deflation.  Yields on the ten year Treasury note have jumped from 1.98 percent to 2.34 percent during the last 30 days.  Gold’s price, … Continue reading

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The Barbarous Relic takes a Beating

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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Riding the Waves

Something practically impossible happened on Tuesday.  It rained in Los Angeles in June.  Not a lot…less than a tenth of an inch.  But it was enough for us to discover we had a hole in the bottom of our shoe … Continue reading

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