The government is out of control.

H/T Joseph Ayer Reporting from Washington— Firearms from the ATF's Operation Fast and Furious weapons trafficking investigation turned up at the scenes of at least 11 violent crimes in the U.S., as well as at a Border Patrol agent's slaying in southern Arizona last year, the Justice Department has acknowledged to Congress. http://www.latimes.com/news/nationworld/nation/la-na-atf-guns-20110817,0,7742514.story ATF promotes supervisors in […]

The hedge in your mind.

If everyone is selling gold, how can gold become the investment bubble that the CNBC commentators keep saying it is, I ask? (Joe) First, there is plenty of gold.  We don't know how much because Sovereign deposits are not generally 'reportable' by depositories.  The amount of gold a country has is a state secret in […]