After The Gold Rush

    If I were an underemployed and thoroughly self-entitled crank, I could write three Volumes of horrendously lugubrious prose and describe it as my theory of life, the universe and everything.* When not earnestly engaged with inseminating his domestic help, an underemployed and thoroughly self-entitled crank named Karl Marx did exactly that. He called this Volumes I – III of Kapital. Natter on for over 2,000 pages, and even a guy like Marx will bury an occasional intellectual ruby beneath the copious mounds of pony-poop.

    In light of the “Gold-Apocalypse” occurring today on Wall Street, Marx’s plaint regarding Commodity Fetishism may well be worth donning a protective mask and digging out. It could as an explanation for why my full-bodied monies recovered from the 16th Century Spanish Galion just aren’t all that valuable any more.**

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    Gold Plunges and Housing Prices Rise

    On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the dropping price of gold, the Dish bid for Sprint, and the potential problems with the rise of housing prices.

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    Dude, Happy Saint Paddy’s Day!

    Cross-Posted: TobyToons.com (Conservative Political Cartoons)