@[email protected] The future is eating the weak and useless.
@[email protected] The Amish are just religious fanatics who will be dead in five minutes if anything goes wrong.
Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment.
Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability.
Gold crossing $5,000 an ounce is not a technical breakout, a speculative frenzy, or a “risk-on trade.” It is a judgment.
Silver pushing past $100 last week only reinforces the point. These prices are not expressions of optimism about growth or productivity. They are expressions of doubt: about currencies, about governments, and about the institutions charged with preserving economic stability.