Another week passes by, and another tens of thousands of barrels of oil gush out into the Gulf of Mexico, adding to what is possibly the U.S.’ worst environmental disaster. With the failure of one attempt to stop the leak after another, pundits are now starting to look at more drastic (and perhaps insane) alternatives,… [Read More]
The Sun is Still Shining
The markets are in turmoil, people are rioting in Greece, gold is down nearly $100 from its recent peak, fiat money is growing parabolically, we cannot continue our ways…, but, the sun is still shining, the world is still turning, and people are still waking up in the morning. Here is your weekend reading:
“When It’s Raining Gold… Reach for a Bucket”
… Or so a very famous investor once said. For anyone who’s been following the recent market turmoil, last week presented a great buying opportunity. Beating the Index has a great post up on why the market was in turmoil and what he sees ahead. It turns out that Chicken Little was wrong yet again,… [Read More]
Keeping the Hounds at Bay
It’s been a pretty interesting week as far as events go. The pressure has been on and off Greece all week, as it now seems clear that a bailout for them is coming, but the question is under what terms and conditions. Angela Merkel of Germany is going to have to face regional elections soon,… [Read More]
Gold as an Investment: Performance over Time
Last week, I introduced gold and talked about the allure of this precious metal. Due to gold’s spectacular rise in recent years, interest in the yellow metal has been increasing. Ever since the 2008 financial crisis and the subsequent efforts of governments to stimulate their economies, people have been increasingly taking a hard look at… [Read More]