Yeah I use charcoal, and light it with gasoline, too.
Why China is importing a record amount of gold — and what it means for prices
... The PBOC’s main motive is political, according to Carsten Menke, an analyst at Julius Baer Group, pointing to “the weaponization of the U.S. dollar and the related desire to be less dependent on U.S. Treasuries as a reserve asset.” ... Adding to the momentum of the unprecedented buying is Beijing’s plan to build a deeper domestic gold market, prompting it to replenish inventories, said Menke. He estimated that the central bank bought around 190 tonnes this year by end-August, including 110 tonnes that were unreported. ... The world’s fifth-largest gold holder owned 2,387 tonnes as of August, according to the World Gold Council, less than a third of the that held by the U.S. ...
Trump says Norway has ‘indelible stain’ for not awarding him Nobel Peace Prize
Why does Trump crave honors from the most antisemitic country on the planet?
Trump’s diesel agreement with Putin accused of contradicting Russia sanctions law
Trump strikes deal with Putin to supply Russian diesel to U.S. and global markets
Will someone please give a thought to the terrorists?
El-Sayed: Israel and Iran Both "Have Proven Dangerous In Their Own Way"
... he grows worse from having power: he becomes and is of necessity more jealous, more faithless, more unjust, more friendless, more impious, than he was at first; he is the purveyor and cherisher of every sort of vice, and the consequence is that he is supremely miserable, and that he makes everybody else as miserable as himself. ...
-- Plato, Republic IX
But what about the welders, Marco?
And even today's Greeks know that Western law is far more Roman than it is Greek.
Marco is what the Athenians would have called a spermologos:
Some also of the Epicurean and Stoic philosophers met Paul. And some said, "What would this babbler say?"
-- Acts 17:18
The MAGA boobeoisie is taking Marco seriously, which is even funnier than Marco himself, but he's still trending way behind International Lesbian Day.
... "Many people are surprised to learn that the most commonly cited author in the Federalist Papers was not an Enlightenment philosopher or political theorist. The most commonly cited author in the Federalist Papers was Plutarch," Rubio said. "Athens gave us democracy. Plato and Aristotle gave us Western philosophy. Our ideas of law, of virtue, of citizenship and republic and government were shaped in the Greek city-states." ...
Sep 2016-Sep 2026: -2.23% per annum nominal.
Compare VUSTX discussed in a previous post: 10-year total return per annum through 9/30/26 at -2.20%.
It's eerie.
Anyway yields at 5+% now portend better times ahead for good old American bonds, eventually.