MWK ✭✭✭

When computing total return over a period, it is customary to state the compounded rate of return. An investment at a price of $17 and ending at $48 over 10 years is a 10.9% compounded rate of return… (View Post)

The CPI is most certainly doctored to hide what the real rate of inflation is and it started with Arthur Burns, the Federal Reserve chairman during Nixon's presidency. Burns demanded changes in … (View Post)

To be fair, the USD has not fallen by 99% since Nixon's ended the convertability window. You need look no farther than the price of housing in "sane" parts of the country. I think the … (View Post)

I stopped buying these when they were no longer in the $20 - $30 range. The premium the U.S. Mint is asking is just too much. Even if silver were free when I was buying them, the premiums would have … (View Post)

The real cause of the 2008 financial crisis was the billions (it was probably trillions) of dollars of crappy, fraudulent debt instruments that Wall Street was peddling and, in the case of Lehman, en… (View Post)