4.01.2013

Ode to gold

How do I love thee? Let me count the ways
The Bernank can printeth thee not, hard as he may try
Thou hireth not overpaid asshats like Meg Whitman to manage thy business
Thou diluteth me not with employee stock options
Thy expense ratio is a sock drawer and a .44 magnum

More stuff that broke around 1971

We've noted before  that a bunch of economic trends turned bad when Nixon closed the gold window and we launched into the current pure f...