By Kevin Brambough of Sprott Asset Management.
Excerpt: “[fiat currencies] have no inherent value.”. Reminds me of Voltaire’s classic Paper money always returns to its intrinsic value — zero.
0811 the Greatest Trade of All Time-1
Via Zero Hedge and Sprott Management
It was a little odd to watch this. Just because, for a brief while, I myself was a dedicated atheist (ages ~12-15). To clarify, I still don’t believe in God, per se. But I have realized that it is counterproductive and pointless to argue with anyone’s religious beliefs.
Not to mention, cruel, in a way. Arguing with a believer comes down to this: If you succeed, you may ruin someone’s emotional support system. If you fail, you make a bad impression. It’s a lose-lose. This may sound obvious more religious folks, just realize that it’s not to everyone. Especially those of us who got a liberal arts degree.
Anyway, here’s some rabid atheist ranting against Ron Paul. While he sees some potential upside (less war), he thinks we need to “consider other things, too”. Uh-huh.
Found dude’s site http://thatfatatheist.com/ — he’s kinda funny. But I’ve met guys who seem similar. I once debated with one for 4-5 hours. That’s how long it took till I won, and he endorsed Austrian econ, RP.
Mr. Rogers on Dylan Ratigan (June 16). Entertaining, as always.
Back in April I entered a contest at ShortScreen.com. Ended up winning an iPad2!
So thanks to Dave Pinsen and the guys over there. My blogging productivity is at near-year lows, thanks to the new precious. And my 24 mo kid monopolizes it if I take it out around him. Two, and he plays Angry Birds. By himself. I’m glad I won this thing, because I probably wouldn’t have swallowed my anti-Apple pride and bought one.
The goal of the contest was to make a compelling short case, to be voted upon by their premium members. My pick, DEER, a Chinese consumer firm with (alleged) book issues fell from around $9 to $8 during the month ($6.69 today.)
They have some nice-looking tools for screening out short opportunities, and an App called Portfolio Armor that helps you find the cheapest puts to hedge long positions. Check it out.
