Posted by Randall A Reinwasser on Saturday, March 31, 2012,
In :
Gold and Silver
As you may remember, President Obama ran on a pledge of restoring civil rights and upholding the rule of law. This speech excerpt does a good job of capturing his campaign promises:
To this dismay of anyone who believes in freedom, the rights embedded in the constitution and small government, President Obama has turned those campaign promises on its head. On March 16, President Obama signed an executive order called the National Defense Resources Preparedness Order. Jim Garrison of the Hu... Continue reading ...
Posted by Randall A Reinwasser on Wednesday, March 21, 2012,
In :
Gold and Silver
Today, Fed Chairman Ben Bernanke came out swinging at the Gold Standard during a lecture to students at George Washington University. Bernanke presented a variety of slides attempting to show the Gold Standard is incapable of working in modern society. His main points were:
It's nonsensical to dig up gold in South Africa and store it in a vault in New York.
If everyone's currencies are linked through a Gold Standard, a policy mistake in one country affects the other countries.
Posted by Randall A Reinwasser on Sunday, March 18, 2012,
In :
Culture
This is about the most chilling and courageous story I've ever read. And it's the first-time I've ever per-ordered a book.
How One Man Escaped From a North Korean Prison Camp by Blaine Harden
"By the way," Shin asked, "where is Pyongyang?"
Shin's question stunned Park. He explained that Pyongyang, located about 50 miles south of Camp 14, was the capital of North Korea, the city where the country's powerful people lived. Park said he had grown up there, studying in East Germany and the Soviet U...
Posted by Randall A Reinwasser on Monday, March 12, 2012,
In :
Economy
If you're thinking about opening an online store in Greece, you might want to reconsider. Or be prepared to provide a stool sample to the Health Department. In all seriousness, any institutions stupid enough to invest in a place with such asinine rules is getting what they deserve...huge losses.
Starting an online store is no easy business by Alexandra Kassimi
It took 10 months, a fat bundle of paperwork, countless certificates,
long hours of haggling with bureaucrats and overcoming myriad ot...
Posted by Randall A Reinwasser on Saturday, March 10, 2012,
In :
Culture
They can't find enough couples for the Kiss-Cam during the Pac-12 tournament... Pac-12 Championship Game Final Act of Forgettable Season by Vincent Bonsignore
Anyone who's visited a big-time basketball arena knows the scene well.
There's a timeout on the floor, a popular song blares from the loudspeakers and the big-screen TV on the scoreboard flashes shots of unsuspecting couples as fans urge them to kiss.
At Staples Center it's called the kiss-cam, and it's never a problem for camera opera...
Posted by Randall A Reinwasser on Saturday, March 3, 2012,
In :
Gold and Silver
COMEX is the futures and options exchange where the price of many
commodities is set, including silver. Since peaking at 138.5 million
ounces in August 2008, the COMEX silver inventory dropped sharply for nearly
three straight years and bottomed this past June at 98 million ounces.
This rapid drop led many silver observers to believe we were on the
precipice of a severe supply crunch in silver that would lead to a
skyrocketing silver price.
