Monthly Archives: September 2014

As Germany auctions 2 year bonds today with a negative yield, and the media counts down the seconds to the next pronouncement from central bank oracles, this article on the deforming effects of ‘free’ money policies is worth reading, see: … Continue reading →

About 9,000 U.S. taxpayers have each accumulated at least $5 million in individual retirement accounts, said the Government Accountability Office, raising questions about some investors’ tax-advantaged returns. Here is a direct video link. Meanwhile CNBC reports on the drop in … Continue reading →

“…how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? — US Fed Chair, Alan Greenspan, in a televised speech … Continue reading →