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  • Commodities: A Wise Long Term Investment [View article]
    "So the government will need to step in and buy bonds if it has any hope of keeping mortgage rates low and engineering a recovery in the housing market. "

    You must mean the FED buying the bonds. The government is issuing them.
    A sort of freudian slip of the tongue as many people equate the FED with the government.

    As it is, the FED collects the interest and the government (the hapless taxpayers) has to stump it up.
    May 19 21:08 pm |Rating: +2 0 |Link to Comment
  • PowerShares DB Gold Offers a Sophisticated Strategy to Small Investors [View article]
    The best thing about physical gold is the completely irrational, atavistic feeling of wellbeing when your hand gets weighed down by a kilo of gold, no bigger than a chocolate bar.
    Mmm, I remember this feeling from 1979..
    Jul 07 19:01 pm |Rating: 0 0 |Link to Comment
  • Commodity Analysts Believe the Party's Over [View article]
    Why leave out iron ore and steel?
    Because we have just seen a 65% price increase negotiated for 2008 deliveries?
    Feb 23 22:59 pm |Rating: 0 0 |Link to Comment
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