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Ten Thousand People Waiting In Line To Buy Gold

Sometimes one must see to believe, in this case believe just how massive the raw demand for the shiny, barbarous relic is in China during times of relative monetary stability (in this case the Dragon Boat Festival). Now assume runaway inflation as we saw in 2011 China, which may be unleashed by something as catalytic…

Lucy is Right: Insurance Should Be a Nickel

You see, if you were to consider Lucy’s proposal as a weekly rate (after all, the lives of children revolve more around the week than the month) and adjust for inflation back to the time of the old gold standard, the proposition that, “insurance should be a nickel,” makes perfect sense. The original 1 oz.…