The Iraq War Is Largely About Oil.

I've Been In And Out Of Wall Street Since 1949, And I've Never Seen The Type Of Animosity Between Government And Wall Street. And I'm Not Sure Where It Comes From, But I Suspect It's Got To Do With A General Schism In This Society Which Is Really Becoming Ever More Destructive.

If I Say Something Which You Understand Fully In This Regard, I Probably Made A Mistake.

Gold, Unlike All Other Commodities, Is A Currency...and The Major Thrust In The Demand For Gold Is Not For Jewelry. It's Not For Anything Other Than An Escape From What Is Perceived To Be A Fiat Money System, Paper Money, That Seems To Be Deteriorating.

We Ought To Be Opening Up Our Borders To Skilled Labour From All Parts Of The World Because [the State Of The World Is As Follows: ] If We Were To Do That We Would Increase The Supply Of Skilled Workers That Our Schools Have Been Unable To Create And As A Consequence Of That We Would Lower The Average Wage Of Skills And Reduce The Degree Of Income Inequality In This Country.

But How Do We Know When Irrational Exuberance Has Unduly Escalated Asset Values, Which Then Become Subject To Unexpected And Prolonged Contractions As They Have In Japan Over The Past Decade?