Mao Zedong was, by all assessments, not the nicest fellow. In 1964, he first published “Quotations from Chairman Mao,” which came to be known to all and sundry as “Mao’s Little Red Book.”
Tweets of Mass Destruction
World diplomacy is, at present, on rather shaky ground.
Throughout history, whenever major economies are approaching a state of crisis, heads of state typically become chronically irritable.
The Precious Metals Week in Review – February 7th, 2020
The continued spread of the novel coronavirus outside of China was the top concern for most news outlets this week. The friction between President Trump and the House of Representatives continued to escalate this week, even as his impeachment Trial in the Senate came to its conclusion.
The Precious Metals Week in Review – January 24th, 2020
It was another shortened trading week as the U.S. celebrated the life of Dr. Martin Luther King on Monday. The impeachment trial of Donald J. Trump got underway in full this week and the expected political wrangling and mud-slinging did not disappoint.
The Odds of Getting a Good Leader
The larger the country, the less the likelihood of getting a leader who can be trusted with the job.
A Normal Country
If left to their own devices, people will tend to come up with a society in which residents treat each other with equanimity and respect each other’s property. They’ll tend to help their neighbours, yet will otherwise respect each other’s privacy.
The Precious Metals Week in Review – January 3rd, 2020
It was another shortened trading week due to the timing of the New Year holiday period this year. Despite the shortened week, there was no lack of market-affecting news.
Farewell to Paper Money?
A decade or more ago, I began to discuss with associates the possibility of governments and banks colluding to eliminate physical cash. Back then, the idea struck most everyone as poppycock, that governments could never get away with it.
The Precious Metals Week in Review – December 27th, 2019
It was a shortened trading week due to the timing of the Christmas holiday period this year. The impeachment of Donald J. Trump was pushed to the back burner as Congress left Washington, D.C. for its Christmas break and media outlets began their usual year-end reviews of the markets.
The Precious Metals Week in Review – December 20th, 2019
1. It was a historic week as the U.S. House of Representatives voted to impeach just the third sitting president since the United States of America formed as a republic. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment dropped by 18,000 claims from the previous week’s unrevised level to 234,000…