Tag Archives: gold

Before the Devil Knows You’re Dead

Posted on November 10, 2015 by MN Gordon

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

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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Riding the Waves

Posted on June 12, 2015 by MN Gordon

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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Pinching the Losers in Congress

Posted on May 15, 2015 by MN Gordon

Financial markets are remarkably confounding.  If you’ve ever speculated on stock price movements, you know what we mean.  Predicting where the market will go is hard enough.  But knowing exactly when…that’s nearly impossible. Looking back, assigning causation, and projecting forward, … Continue reading →

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