James Seaberg

Investing In Russia: An Interview With Pharos' Peter Halloran

In a democracy like ours, the rule of law allows a majority of voters to steal from you provided you are a minority of either rich or middle class. Just put it into a law and call it taxes. I suspect that Putin has exactly these greedy voters in mind when he became less democratic. He has full well understood Prof Hans Hermann Hoppe in his excellent book “Democracy. The God that Failed.”

Thursday Outlook: Metals, Commodities, International

Forget stocks. Stay with commodities and have a nice day on the beach instead of worrying when your stock goes to zero. Whilst you enjoy the sunshine, Bernancke will print more money for you. Isn't that nice? Wealth out of nowhere!