Silver Slips Out Of Backwardation

Gold and silver are made for each other like peanut butter and jelly or milk and cookies.  The ’sweat of the sun’ and ‘tears of the moon’ have served as money and currency for millennia.  At all times and in all circumstances they remain money.

On 7 May 2009 when the gold to silver ratio . . . → Read More: Silver Slips Out Of Backwardation

First Week of June Bursting Out with Good News

It was a week that was flush with positive news stories.

1. Personal income in April was reported to rebound sharply. Personal income jumped 0.5 percent in April far better than the forecast by most economists for a 0.2 percent drop. House investor’s rental income also spiked up 3.1 percent after several months of . . . → Read More: First Week of June Bursting Out with Good News

The Father Of Macroeconomics

June 5th is the birthday of John Maynard Keynes, a brilliant economist whose influential work during the 1930’s changed the course of history. He has had a great deal of influence on generations of economists, including advisers to our current president and congress. It’s too bad he was wrong in virtually all of his . . . → Read More: The Father Of Macroeconomics