Day: October 27, 2007


The Game, by Oliver Velasquez

In the past 25 years interest rates have fallen from as high as 15% to as low as 1.25%. During this time our economy has gone through different cycles, everything from stagflation, recession, to historic bull markets, and real estate booms. Today, in my opinion, we are living one recession away from a massive depression which can be credited to the Federal Reserve’s monetary policy. Historically, it’s never been a good sign to have both gold prices and the stock market trade at such peak levels like we have today. During the past ten years we have gone through a …


Letter Re: Phases of the Moon and Deer Hunting

James, Ungulates (cattle, deer, antelopes, camels, deer, goats, pigs, sheep, as so forth) daily routines are keyed to the moon. People’s routines are keyed to the Sun. The moon cycles each 28 days, the sun in 30 or so days. Each day, the sun is always somewhere near high noon, i.e. 50% past sun-up, at 12:00 sun time (duh). However, the moon can be at ‘high noon’ in moon time at any given hour, i.e. at 9:00 a.m./3:00 p.m., etc.—because the moon has a shorter cycle. Recent satellite telemetry studies on collared white tail does and bucks across North America …


Odds ‘n Sods:

Eric Fry from The Rude Awakening penned this about Citigroup’s recent SIV accounting shenanigans: SIV Positive.   o o o Hawaiian K. and The Army Aviator both recommended an alarming piece of commentary on silver storage from Ted Butler: Money for Nothing. My favorite quote from the article: “I found it appalling that Morgan Stanley would claim to store silver that didn’t exist and even have the chutzpah to charge for the storage.” As I’ve often written: there is no safe and sure substitute for in-home storage of precious metals . Any other method–be it shares, or certificates, or “bonded storage”, …