A New Way to Value Gold

Within the context of the current economic crisis we have often heard about the flight to quality and safety assets, with gold being discussed as one such asset. Gold, the argument goes, is the best asset to protect against inflation. While this may be true to an...

REBOUND

It is, I believe, a Chinese expression, “May you live in interesting times.”  Well, lucky us.  We most certainly do live in interesting times.  As of Friday, the U.S. dollar index closed at 78.89 (basis Sept.).  The break point of the giant double top pattern...

Dirty War: Spies Attack US Electricity Grid

The Wall Street Journal is reporting that cyber spies from Russia, China and other countries have attacked and penetrated the US electrical grid. The spies came from China, Russia and other countries, these officials said, and were believed to be on a mission to...