From FDR to Obama – the Destruction of Our Rights

Franklin Delano Roosevelt proposed a “Second Bill of Rights” during his State of the Union Address in 1944. He noted that while “under the protection of certain inalienable rights…our nation has grown in size and stature, however—as our industrial economy expanded—these political rights proved inadequate to assure us equality in the pursuit of happiness….true . . . → Read More: From FDR to Obama – the Destruction of Our Rights

Define The Dollar Or Else

Disclaimer:  This article neither constitutes nor should it be relied upon as legal, investment or tax advice.

Almost everyone uses the dollar to calculate, plan and settle transactions in the United States and beyond.  Likewise feet or meters are commonly used to calculate, plan and construct many building and engineering projects.

If units of length were . . . → Read More: Define The Dollar Or Else

Predicting the Gold Price

Some useful observations on the gold market in a recent Unqualified Reservations blog entry:

One trivial example of a liquid, functioning prediction market that does not, and cannot, produce accurate predictions is the gold futures market. The gold futures market is a large, active and efficient market in future gold, but in hindsight it . . . → Read More: Predicting the Gold Price