For many years, the U.S. government maintained a stockpile of silver. It had millions of ounces of the stuff hidden away in caves somewhere. The original reason was to back up our paper money. Today, hardly anyone remembers when 「silver certificates」 were the legal tender of this country.Now, ever [ ...閱讀全文 ]
"With just over a week left to the QE2 announcement, discussion over the amount, implications and effectiveness of QE2 are almost as prevalent (and moot) as those over the imminent collapse of the MBS system. Although whereas the latter is exclusively the provenance of legal interpretation of variou [ ...閱讀全文 ]