Opinions

Last week, on the subject of markets, I discussed about how supply, demand, and related things affect markets. But there is another very important fact which influences markets, prices, supplies, and yes, demands too. That is “opinions.” Opinions, make the world go ’round, and grandly influence markets. As an example, in the South Seas, women […]

MARKETS

There are ’markets’ in just about everything. By a ’market,’ I mean a place where things can be bought and sold. Grocery stores are markets, quite naturally, because all sorts of food-stuffs, drug store items, bits of hardware, etc. are sold in them. ’Markets’ in general, are what makes the world go ’round. Typically, markets […]

Nationalize?

Bolivia just ’nationalized’ the entire nation’s gas wells, refineries, and privately owned companies.  The word ’nationalize’ is a euphemism, and means “seize.”  Since gold and silver are going up nicely, isn’t it logical that these tin horn dictators, who have squandered their nations wealth with fancy palaces and untold luxuries for their rulers, would run […]

Grand Theft

Let’s turn the clock back a couple of hundred years, OK? The Founders wrote a Constitution, which gave government permission to do certain things. It wasn’t a “Ten Commandments” type of document, which prohibited things, by saying “Thou Shalt Not…” It gave the government a few limited powers, and among them was, “To coin Money, […]