Oils recent drop below $50 has destroyed the 42 year standing ratio of gold to a barrel of oil, 15:1 which has been the norm since the 1972 gas rationing! Such news, one would surmise, might send gold below $800 and other commodities as well similar to coppers most recent price decline. Yet now we […]
“When plunder becomes a way of life for a group of men, they create for themselves, in the course of time, a legal system that authorizes plunder and a moral code that glorifies it.” Frederic Bastiat Yet another country has requested that their gold be repatriated from the United States! Netherlands was the newest nation […]