W.C. Varones

6.30.2006

Silver & gold

Silver and gold were up big yesterday, and the mining stocks were up even bigger -- 7.5% for the GDX index fund. This morning, it's continuing, with gold powering past $600 and silver near $11.

I hope you used the past month's weakness as an opportunity to buy. I did.

It's not too late. We are still in the early stages of a long bull market.

6.29.2006

Decrepit caveman running his mouth again

Does anybody still care what this guy says?

Blah, blah, blah, jihad. Blah, blah, blah, Allahu sukbar. Blah, blah, blah, death to infidels.

Your story has grown tiresome, dude. You're a decrepit old jackass cowering in a cave.

Peggy Noonan on the decline of the New York Times:

But it's not what it was. Once it was such a force that it controlled the intellectual climate. Now it's just part of it. Seventy years ago its depiction of Stalin's benignity left a generation confused, or confounded. Fifty years ago, when the Times became enamored of a romantic young revolutionary named Fidel, the American decision-making establishment believed what it read and observed in comfort as an angry communist dictatorship was established 90 miles off our shore. The Times' wrongheadedness had huge implications for American statecraft.

Read the whole thing... bonus commentary on flag-burning and Hillary too.

6.28.2006

got tea?

Our buddy Tex sends along this news:

British health food shops will soon be offering customers iced cannabis tea, its Swiss distributor said.

Sold under the label "C-Ice Swiss Cannabis Ice Tea", the beverage contains five percent of hemp flower syrup and a tiny (0.0015 percent) quantity of THC, the active ingredient of marijuana.

Not a bad idea. But "C-Ice?" What the hell is that? Silly Brits never were very good at marketing.

How about High Tea? Tea HC?