Beware of Pricing the Market in Terms of Some Commodity [View article]
i would submit that pricing the market against gold which is money is not the same as pricing it in terms of a commodity. The price of a commodity is dependent upon its utility and scarcity relative to other things. Gold has no purpose other than its role as money.
Finally, by comparing the value of the market against something immutable and unchanging as gold provides a means to establish the change in the market's value since the denominator (i.e. gold) is constant.
A One-In-Three Chance Alan Greenspan Is Making Sense [View article]
While I agree mostly with the commentary, especially regarding Mr. Greenspan's obtuseness, I am a bit puzzled by the metaphor "This is almost like saying that there’s a one-in-five chance that any given day is Saturday." At what point did we switch to a 5-day week and when did Saturday become one of those days?
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Latest | Highest ratedWhy Amazon Isn't Worried About iPhone's Kindle [View article]
IBM: Lessons from the Great Depression [View article]
Now that the firm is more of a professional services organization than a manufacturer the situation is different. Guess we shall see how it turns out.
Beware of Pricing the Market in Terms of Some Commodity [View article]
Finally, by comparing the value of the market against something immutable and unchanging as gold provides a means to establish the change in the market's value since the denominator (i.e. gold) is constant.
Did Barron's Really Pan All Commodity Investing? [View article]
One day this foolishness will finally be over and a Constitutional government with a Constitutional currency will be returned to the people.
We need Ron Paul and Edwin Vierra, Jr. more than most people realize.
If Presidential Candidates Were Stocks [View article]
A small-cap ready-to-explode contrarian junior gold miner stock with no analysts to report on it?
A One-In-Three Chance Alan Greenspan Is Making Sense [View article]