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
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
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