The Importance of Being Ken

Ken – Earnest, sincere (pronunciation inscrutable) Chinese crap works right up until it doesn’t. Manufactured crap, electronic crap, diplomatic crap — it’s all the same. A building fell over in China on the same day the condo collapsed in Surfside, FL. While I know this to be true, you can… Continue reading

What Happens Next?

Alasdair Macleod has a thought-provoking article about the corner into which the Federal Reserve has painted itself.  Inflation, asset and consumer prices (goldmoney.com) “The bubble will burst that is for sure. And when it does, $11 trillion of foreign owned equities will seek an panicked exit, not just from the deflating… Continue reading