Wednesday, February 17, 2010

Highwaymen Money

The headline story on The Onion today.

It should be self explanatory.

U.S. Economy Grinds To Halt As Nation Realizes Money Just A Symbolic,
Mutually Shared Illusion 02.16.10

WASHINGTON—"I've spent the last 24 years in this room yelling 'Buy, buy! Sell, sell!' but what have I actually accomplished? All I've done is move arbitrary designations of wealth from one column to another," said longtime stock trader Michael Palermo.

I've spent the last forty years doing the same damn thing, just not with stocks, but rather with hard assets........

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