A Lack of Prudence

What is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom.—Adam Smith, The Wealth of Nations

Here’s some nonsense on stilts:

Richard Feynman was once asked what he would pass on if the whole edifice of modern scientific knowledge had been lost, and all he . . . → Read More: A Lack of Prudence

CPM Platinum Market Analysis and Forecast for 2013

Violent strikes and supply disruptions in South Africa put platinum in the headlines last year, and the metal spent 2012 selling at a discount to gold. Is a platinum discount the new normal? How will the market shift in the labor strike fallout? And will mining asteroids transform supply fundamentals? CPM Group Platinum . . . → Read More: CPM Platinum Market Analysis and Forecast for 2013

Economic Events on January 8, 2013

At 7:30 AM Eastern time, the NFIB Small Business Optimism Index for December will be released, providing information regarding the health and confidence of small businesses in the United States.  The consensus is that the index is at a level of 87.9, which is 0.4 points higher than the previous month’s value.

At 7:45 . . . → Read More: Economic Events on January 8, 2013