MWK ✭✭✭

I have multiple hypotheses but no evidence. One is that it's a mania, yet another bubble, and after decades of financializing and casino-izing everything, it draws in all the speculators because… (View Post)

Somewhat related, the public hated the Commemorative Arts gold coins the U.S. Mint produced in the 1980s. Even before the past few years' big run-up in gold prices, the one-ounce gold Commemorat… (View Post)

The Federal Reserve and its incompetent and corrupt members have a neverending bag of excuses for their decades of failures. The housing bubble could have easily been shut down by jacking up the Fed … (View Post)

LOL. The 2008 financial crisis which has required trillions of dollars of bailouts that continue to this day seems a very steep price to pay for those "profits" which are probably entirely … (View Post)

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)