Bartlesby

John Embry: Gold and Silver Are the Ultimate Insurance Policy

Mr. Embry asserts several glaring factual errors here. He states that "there is increasing activity in sunspots" right now, when in fact we are witnessing the lowest sunspot activity in quite some time. Check out spaceweather.com and solarcycle24.com for recent data and observations.

He also incorrectly states that farmland values "have fallen off a cliff". According to The Agricultural Newsletter from the Federal Reserve Bank of Chicago – February 2009, a survey of includes Illinois, Indiana, Iowa, Michigan, and Wisconsin shows “good” agricultural land values in the District actually ROSE 5% annually last year; Wisconsin demonstrated a 13% increase.

While all land values on a quarterly basis within the District contracted 4%, this hardly qualifies as "falling off a cliff".

The Prosperity Dispatch and Mr. Mickey seem to run about as much due diligence on their interview candidates as a Fund-of-Funds investing in Madoff.