Price and the Fool's Game
The reason why a mirror only switches your image left to right and not also up and down is an illusive property of optics. Optically, the image appears as if you somehow walked around to the back of the mirror to face it again. But rarely do we ask ourselves questions like these.
Gold, Silver, and Blue Dollars:
"Whether the single medium is gold, silver, seashells, cattle, or tobacco is optional, depending on the context and development of a given economy. In fact, all have been employed, at various times, as media of exchange. Even in the present century, two major commodities, gold and silver, have been used as international media of exchange, with gold becoming the predominant one.
Just Blame the Banks:
"I think this is a time where people will look back on us and see it as a period of practically central bank worship." - Jim Grant Central bank equals big private-publicly owned banks. The populace still holds a collective deference for the banks.
Comfort, Karma, and Money Velocity:
"You don't want a world where silver is $350 or gold is $10000". Maybe not. But...
Following the Trend With Swings:
There is a major reason why so many articles have been written on the subject of trading with the trend. This is because it may be the most important thing you can do to put the odds of success on your side.
Monetary Policy Gone Wild - When the Best Offense Is Defense:
The day is coming when a single carrot freshly observed will set off a revolution. -Paul Cezanne I'm on a group email list, an old fashioned list-service of mainly technology and science geeks. While there are lots of witty, seemingly intelligent and often emotional debates on all manner of issues, to my dismay there is rarely a significant discussion about of financial or economic issues.
When We Stop Being Polite:
Fundamentally, people are not that different essentially. And when it no longer serves to be polite, when there is no more reciprocity for waiting in line, things can get ugly and uncomfortable very quickly. People stop taking turns.
Hyperinflation of the Union for the Unions:
One of my patients runs a travel section for one of the oil industry majors located in the San Francisco Bay Area. She was complaining about her vision while traveling on the plane. She contemplated that since she doesn't fly business anymore, maybe it's not that big of deal.
Gold, Silver, and Blue Dollars:
"Whether the single medium is gold, silver, seashells, cattle, or tobacco is optional, depending on the context and development of a given economy. In fact, all have been employed, at various times, as media of exchange. Even in the present century, two major commodities, gold and silver, have been used as international media of exchange, with gold becoming the predominant one.
Just Blame the Banks:
"I think this is a time where people will look back on us and see it as a period of practically central bank worship." - Jim Grant Central bank equals big private-publicly owned banks. The populace still holds a collective deference for the banks.
Comfort, Karma, and Money Velocity:
"You don't want a world where silver is $350 or gold is $10000". Maybe not. But...
Following the Trend With Swings:
There is a major reason why so many articles have been written on the subject of trading with the trend. This is because it may be the most important thing you can do to put the odds of success on your side.
Monetary Policy Gone Wild - When the Best Offense Is Defense:
The day is coming when a single carrot freshly observed will set off a revolution. -Paul Cezanne I'm on a group email list, an old fashioned list-service of mainly technology and science geeks. While there are lots of witty, seemingly intelligent and often emotional debates on all manner of issues, to my dismay there is rarely a significant discussion about of financial or economic issues.
When We Stop Being Polite:
Fundamentally, people are not that different essentially. And when it no longer serves to be polite, when there is no more reciprocity for waiting in line, things can get ugly and uncomfortable very quickly. People stop taking turns.
Hyperinflation of the Union for the Unions:
One of my patients runs a travel section for one of the oil industry majors located in the San Francisco Bay Area. She was complaining about her vision while traveling on the plane. She contemplated that since she doesn't fly business anymore, maybe it's not that big of deal.
Price and the Fool's Game
![Price and the Fool's Game]()
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ESATRA
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