Odds ‘n Sods:
Quoting AllAfrica.com, economist Richard Daughty (a.k.a. “The Mogambo Guru”) commented on the dire straits of the hyperinflated Zimbabwean dollar: “…in local currency, ‘current gold producer price stands at Zim$16,000 per gram.’ This is the producer price, which works out to Zim$497,655.63 per ounce.” The Mogambo notes that the Zimbabweans that invested in gold back before the currency inflation began in earnest are now thankful for their foresight. My observation: Someday you may be similarly thankful. Just plan ahead. If you haven’t done so already, diversify your investment portfolio into gold and silver. Sleep soundly. o o o S.F. in …