No ads, no remuneration. Die Gedanken sind wirklich frei.
The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Monday, June 13, 2011
Quantitative Easing Was 'Cash for Spelunkers'
Jed Graham made the case last November here, and now notes that among other commodities, gold is $200 an ounce higher.
Absent more Fed purchasing of Treasuries, look for commodity price deterioration.
