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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."
Tuesday, September 3, 2019
Gold looks good compared to negative-yielding bonds because its 0% yield plus the cost of holding it can still be less
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The gold break-out began in May with an average price of about $1284 the ounce. Yesterday's London PM Fix was nearly $1526, to put gold up almost 19% over the last three months.
