Use access key #2 to skip to page content.

XMFSinchiruna (26.75)

May 2012



The Trickle-Down Effect

May 18, 2012 – Comments (11) | RELATED TICKERS: IAG , AUQ.DL , AG

I don't know about you, but I was in need of a good laugh. This image did the trick:  [more]



A Civilized Rebuttal to Charlie Munger

May 10, 2012 – Comments (11) | RELATED TICKERS: GG , BRK-B

 Warren Buffett's own father, Rep. Howard Buffett, recognized the monetary role of gold in empowering the masses to protect themselves from the effects of uncontrolled spending in Washington. Back when you were a young lad, in an essay titled Human Freedom Rests on Gold Redeemable Money, Buffett explained: "Far away from Congress is the real forgotten man, the taxpayer who foots the bill. He is in a different spot from the tax-eater or the business that makes millions from spending schemes. He cannot afford to spend his time trying to oppose Federal expenditures. He has to earn his own living and carry the burden of taxes as well." At the close of the piece, Buffett concluded: "There is no more important challenge facing us than this issue -- the restoration of your freedom to secure gold in exchange for the fruits of your labors."   [more]



The Beale-Street Beat

May 07, 2012 – Comments (24) | RELATED TICKERS: GG , PPP , EGO

I've just returned home from attending the Beale Street Music Festival in Memphis. As many of you know, I have kept a constant vigil over these markets over the past several years, and have even tried to stay connected during conferences and mine-site visits so that we never skipped a collective beat. Getting away for several days was an uncommon treat, but please know I am very cognizant of troubling market condition of the equities in my purview. As one who is heavily invested in the mining equities, you can bet that my own frustration with the horrific action in this sector is as visceral it gets. And yet, I remain 100% calm. I know that fundamental value will always trump a slump.   [more]

Featured Broker Partners