Yesterday was a good day for stock market investors. Prices went up. The Dow rose 254 points, leaving us uncertain about its near-term intentions.
Of course, we’re always uncertain. But sometimes we’re more uncertain than others. What seems certain to us is that stocks are a bad bet.
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How Gold-As-Money Can Prevent Mob Rule
Ellen Kelleher, writing for The Financial Times, opens her article with how Baird & Co., in their warehouses in London, purify gold by heating it to molten form to make “medallions, bars, and rings,� which sounds like a lot of heavy, hot, back-breaking, dangerous work to me, as if the word “work� was not bad enough by itself with the terrifying adjectives.
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