I enjoy reading Ed Steer’s comments in Casey Research’s Daily Resource Plus. The Tuesday through Saturday recap of the previous day’s action regarding all things related to resource stocks is a free fringe benefit to being a subscriber to one of the Casey Research newsletters.
Today, Ed was relaying some comments of Fed Vice Chairman Donald Kohn who apparently made a comment that indicated it might be a good idea to let inflation run amok for a while. Interesting perspective from a Federal Reserve Vice Chairman; but I loved Ed’s editorial comment:
Note to Donald: what the hell do you think has been happening for the last 25 years?
Or, as is pointed out in the Wall Street Journal article that will be the topic of my next post – how about the 50% increase in price – to Americans – of all things priced in Euro’s since just 2002 when one dollar bought one Euro? How about the cost of that European vacation? Forget it; with the Euro at around 1.55 dollars it’s out of my price range.
Only one thing I can recommend (although nothing in this blog is financial advice!): Got Gold? (and silver too).
Here are the Casey Research publications you might consider a Risk Free Trial subscription to:
International Speculator – Soon to become 2 publications – hurry and you’ll get both for the same price!
Big Gold – A bit less speculative, and the big gold stocks will likely be the first to start moving in a mania stage that could be coming.
Casey Energy Speculator – Not everyone has to get hurt by high oil prices.
