The USSR was known for many things. Shortages were absolutely one of them. It was so bad that you could wait for up to 10 years to order and receive a car. And after that 10 year wait you got to be the proud owner of one of these. And
“It is the certainty that they possess the truth that makes men cruel. -Anatole France, novelist, essayist, Nobel laureate (1844-1924)” LTCM You may not remember it but for finance geeks we either remember, or have heard of the debacle that was the giant bond trading hedge fund Long Term Capital
Cardiovascular disease kills over 17 million people annually. It’s the main cause of death globally apparently. I thought it was stupidity but now Google tells me no, it’s “CVD”. Cardiovascular disease. So much for that then. Looking deeper we find what causes it. Too much macaroni cheese, and donuts, which
My son’s 15. Son: Dad can you help me?Me: Sure what?Son: my bike’s got a punctureMe: So fix itSon: Can you help me?Me: I can, but I won’t.Son: Urghhh (rolling eyes) He knows…trust me he knows. This is not the first time A few minutes later Son: MomMom: YesSon: Can
The FED just sent the market a $700 billion wake up call. Today we get some BTC analysis from an institutional crypto firm who’s busy positioning.
I don’t know if you saw it but the Ruskies fell out of bed with the head choppers Saudis last week. As my friend, Mike Alkin, recently mentioned on this chat (join if you dare). Interesting times, indeed. Here’s Occidental, a pretty good barometer for the US shale industry. Still,
While scenes of frowning people wearing face masks continue to capture and maintain the limelight there have been some very important shifts gaining momentum in the global political landscape. Wuhan Zombie flu I mean COVID-19 and the economic knock on effects of the virus will likely only exacerbate and accelerate
This post is about what I believe to be coming for various asset classes and gold in particular. The subject line is a statement attributed to Niccolò Machiavelli, who is referred to as the father of modern political philosophy. It was his advice to the Princes of Italy in the
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