The Third Rail of Gold
I have touched the third rail, and it is made of gold. For millennia gold has excited mankind’s passions, goading us to the heights of achievement and the depths of evil. Now, since I’ve been writing about gold’s role in the international monetary...The Right to Inhale
On May 14th, the US Supreme Court reached a verdict on the case of U.S. v. Oakland Cannabis Cooperative. By unanimous decision the Court ruled that manufacturers and distributors of marijuana cannot claim the medical needs of their customers as defense against federal...The Coming Telecom Capacity Crunch
In my past column, I explained why a telecom rebound is likely to occur faster than most people expect: the continued explosive demand for bandwidth, the reopening of capital markets courtesy of lower interest rates, increased telecom revenues resulting from price...T For Two
On Friday investors will have to decide whether to exchange their shares of AT&T for shares of the AT&T Wireless tracking stock. When the big index funds decide, it will move the market. In the exchange offer that expires Friday, AT&T will accept up to 427...The Executor’s Song: Part 5, Life Insurance, IRA’s, and Real Estate
Author’s Note: This is the fifth in a six part series of personal finance columns on the subject of being the executor of an estate. These columns are based on my own personal experiences in this regard. Individuals should consult a professional advisor and take...Greens versus Energy
The environmental movement is profoundly antilabor, because in seeking to undercut the productivity of labor, it strikes at the foundation of rising real wages.