Archive for: money

Autocrats Buying Time

Clifford J. Levy has a good piece in the New York Times today on the resilience of authoritarianism in the former Soviet sphere.  The only thing I take issue...

Read Full Story »

 

Gone A.W.O.L. – lite blogging

I will find myself in England, Switzerland and Slovenia over the next week, catching up on a few existing relationships and exploring a number of new ones. Blog...

Read Full Story »

 

Best Selling Hedge Fund Books

Type ‘hedge fund’ into Yahoo News Search and you will find out that hedge funds are bullish on silver, cocoa, aluminum, and independent power producers....

Read Full Story »

 
Carlos Slim Continues to Invest in Mining

Carlos Slim Continues to Invest in Mining

The world’s richest man says he will continue to sink millions into a brand-new mining venture in Mexico. And now his new mining company is buying up precious...

Read Full Story »

 
Gold, Silver, Copper, Nickel and the Slow Death of Money

Gold, Silver, Copper, Nickel and the Slow Death of Money

A huge opportunity to hedge against both inflation and deflation is lying out there in the open. There are no transaction costs and right now there’s even a built-in...

Read Full Story »

 

Inflation in (Mostly) the Wrong Places

It is often claimed that inflation is a benign, even positive, force. People assume that prices, wages, and assets will all rise together… In the real world,...

Read Full Story »

 

How Savings and Investment Increase an Economy’s Output

Everyone who has held a job and a bank account understands the potential benefit of postponing consumption today in order to enjoy greater consumption in the future....

Read Full Story »

 

Market Wrap-Up for Feb.10 (ALL, PEP, PRU, WFMI, WMT, T, more)

I was reading more of the major Harris Poll that was released a few days back and a startling revelation that just floored me was 41% of young people between ages...

Read Full Story »

 
Millionaires More Likely to Strategic Default

Millionaires More Likely to Strategic Default

Not surprisingly, the bursting of the housing bubble has moved up to the final rung on the ladder. Far from the days of the subprime debacle, now even the “good”...

Read Full Story »

 
Carlos Slim Catches Gold Fever

Carlos Slim Catches Gold Fever

Carlos Slim beat both Warren Buffett and Bill Gates in stock market performance last year. The reason: a hell-bent plan to start a brand-new gold and silver mining...

Read Full Story »

 
Recovery Chronicles: Tales From the Modern Food Line

Recovery Chronicles: Tales From the Modern Food Line

Here’s one from the recovery chronicles: food stamp usage is up 14% from last year. Today, the Supplemental Nutrition Assistance Program (SNAP) serves about...

Read Full Story »

 

Rare Earth Update

A few days ago we blogged about rare earth being more valuable than gold. If you missed that blog posting on January 27th, you can read it here if you wish. The...

Read Full Story »