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Tuesday, 02 December 2008 22:07 |
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by The Mogambo Guru
If you are looking at the yields of Treasury bonds right now, you might be remarking to yourself, "Wow! I can't believe that any idiots are stupid enough to be buying these bonds and bidding up their prices so high that they yield almost nothing, when inflation in prices is |
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Tuesday, 02 December 2008 22:12 |
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by The Mogambo Guru
Robert Morley, in an essay posted at thetrumpet.com, is titled, "How This Recession Could Change the World", which is kind of funny, as it would be REALLY weird if a recession DIDN'T change the world in some way! Hahaha!
Hell, just getting short-changed by a lousy ten dollars by |
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Tuesday, 09 December 2008 21:38 |
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by The Mogambo Guru
I was thrilled to see that Tirex Resources Ltd. is "accepting submissions for its 'Golden Slogan' contest. The entrant who submits the best 'Golden Slogan' for Tirex will be awarded 5 ounces of gold. The Company is looking for creative minds to submit a short, concise slogan |
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Tuesday, 09 December 2008 21:51 |
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by The Mogambo Guru
If you want a real-world example of how inflation in consumer prices follows an increase in the money supply AND how an increase in anti-social, war-like behavior follows increases in prices, then a report from Bloomberg.com is just what you are looking for. It says, "Iran's |
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Thursday, 11 December 2008 23:03 |
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by The Mogambo Guru
Al Korelin of the Korelin Economics Report had Tim Wood and Bill Murphy debating each other at the 2008 Las Vegas Hard Assets Investment Conference on the issue of whether or not gold is manipulated by a so-called Gold Cartel, which I think of as a sinister and shadowy bunch of |
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Tuesday, 02 December 2008 22:10 |
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by The Mogambo Guru
When I woke up, it was morning, which meant that the economic world did not blow apart during the night, abruptly waking me up by setting off loud alarms in the Mogambo Big Battle Bunker (MBBB), rudely alerting me to another outbreak of serious financial trouble from the |
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Wednesday, 03 December 2008 22:53 |
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by The Mogambo Guru
I now spend an inordinate amount of time alternately whimpering in fear and bellowing in outrage, especially after being told of the laughable lineup of the new Obama team of appointments and posts, every one of whom is promising vigorous intervention and deficit-spending of one |
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Tuesday, 09 December 2008 21:48 |
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by The Mogambo Guru
Ed Steer of CaseyResearch.com writes, "I see in a Reuters story that home prices plummeted a record 17.4% in September from a year earlier…and the US government was providing more free money to more banks. So, what else is new? More money out of thin air. Late in 2007 it |
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Tuesday, 09 December 2008 21:55 |
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by The Mogambo Guru
Pittsburghlive.com posted the headline "Queen Elizabeth's Question Answered" atop an article by John Browne, which delighted me, as I naively assumed that her question was along the lines of, "Who in the hell suggested that we make a knight out of the odious Alan Greenspan, the |
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Thursday, 11 December 2008 23:06 |
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by The Mogambo Guru
Since gold has fallen so far, so quickly, for so little reason, the future for gold looks increasingly good, too, as the future of the dollar and the economy looks increasingly bad, and asset-type things (like houses and stocks) falling in value certainly looks deflationary, |
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