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Pandemic: Pay Me Now or Pay Me Later

In imposing societal/economic lock downs 1 and now 2, some damage being done is highly visible. For example, overrun hospital capacity and ICU beds on the latest COVID-19 spike. Also visible is the divisive and rancorous split in American society right down party lines. This creep with the red stalks coming out of his head is instigating much of it. But there is invisible damage … Continue reading Pandemic: Pay Me Now or Pay Me Later

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Saville on the Big Differences ‘This Time’

Steve Saville has an interesting blog post about… The big differences this time The post centers around the COVID-19 pandemic vs. the well known Spanish Flu of 1918 and the less well known Asian Flu of 1958. Specifically, it focuses on monetary policy in the absence of a gold standard – under which those two pandemics took place – and the difference in policy response … Continue reading Saville on the Big Differences ‘This Time’

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I went to the supermarket yesterday…

I went to the supermarket yesterday and observed two notable things. First and of utmost importance, they had toilet paper! Unbelievably, the panicked wake of those idiot hoarders is finally clearing for we rational – not to mention more polite – humans. Was it really worth it guys? On that first day I bought exactly one small package of an off-brand (all that was left … Continue reading I went to the supermarket yesterday…

I made a mistake… now I can’t undo it

First I went to a gold website and saw the bullish gold articles, highlighted by one of the 2 (former) Gold Bears (both having been flipped bullish again by the subsequent rising gold price) touting gold’s parabolic upside just before 2 o’clock Charlie showed up to reverse gold and the precious metals. The article noted a massive “complex inverse head and shoulders” * in gold … Continue reading I made a mistake… now I can’t undo it