Human Interest

I’ve just heard the news: Justice Scalia found dead on a hunting trip. First, gut reaction: I have not been as unsettled about the future of the country since 9/11.

Open thread.

From Robin Landry of Raymond James

Since The Fed stopped its money-printing extravaganza things have changed a little for the status-quo "believers"...

So, after all this time, we were right - "It's The Fed, Stupid"

Talking of Oil and Gold, last week Deutsche Bank showed a long-term graph of Oil in real adjusted terms, showing that the average real price since 1861 was $47.

Following on from that, Deutsche notes one ratio they occasionally look at is the ratio of various assets to the price of Gold...

Today we update the Oil/Gold ratio back to 1865 and find that the Gold price has just hit an all time high at around 44 times the price of Oil.

 

 

The previous high of 41 in 1892 has just been exceeded.

 

David Rockefeller is a part of American history and the only billionaire in the world who is over 100 years old. The richest oldest man on the planet is due to turn 101 in June.   He is part of a family dynasty whose name is associated with America and has become legend. His grandfather John D Rockefeller who died in 1937 was the founder of Standard Oil and the world’s richest individual. The name Rockefeller has been associated with wealth, power, politics, finance, diplomacy, philanthropy, marijuana prohibition, aliens, UFO’s and conspiracy theories.