An Uncensored View of Finance, the Economy, the Incompetence of Bureaucrats, and the Stupidity of Politicians.
Last week Eric Sprott, who heads up the Sprott Physical Gold Trust (NYSE:PHYS), created a bit of a storm when he offered to buy the IMF’s remaining 191.3 tons of gold …
IMF gold holdings: why mine the stuff when your accountants can create it? Read More
…and threats to the Consensus that Climate Change is real and that carbon dioxide is creating global warming Because without Consensus, scientific conclusions could be subject to public scrutiny. While …
A quick look at Climate Change, global warming, actual science Read More
The Credit card Accountability Responsibility and Disclosure (CARD) Act aims to do two things: 1. Help out consumers to make sure they don’t get ripped off by banks and ensure …
The new credit card regulations are precisely what the US needs Read More
The Swine Flu. Dozens of people have died from it already. This has struck like lightening! I’m serious: around 1,500 people die every year from lightening strikes! The swine flu could eclipse lightening strikes as one of the most unusual ways to die.
Too Many Indians Read More
The UK’S Financial Services Authority (FSA) has decided to micromanage banks by specifying new rules for bonuses. Specifically, the FSA has decided that banks that pay their star traders bonuses …
UK regulator bows to union pressure on bonus bullshit Read More
I’m visiting my parents’ place in Melbourne and was hit by the garish colour of fluorescent bulbs everywhere. What the hell happened? It seems that the Australian government, in its …
The idiocy of government sponsored energy savings Read More