Peter Souleles

Articles by Peter Souleles

As we speak gold is selling for far more than the quoted spot price we see on various web sites. That spot price is a dollar price which does not take into account the fact that this world is neither homogenous, informed, static nor safe.
ECONOMIC SCHIZOPHRENIA  -- You do not have to be a medical doctor to diagnose a certain level of schizophrenia in the market. Detroit files for bankruptcy with other cities lined up in the same queue and yet the stock market reaches record...
Many years ago when I was a teenager, my late father had a friend who was in his sixties. His name was Johnny and he was overweight. He was in conversation with my father one day when he started complaining how his fluctuating and...
I have come across the above item on eBay. It is selling at $60 for a 2 pound bag. It is not an illegal drug and it would not be much good for smoking either. It is simply shredded US currency and this lot is advertised as containing...
To me, at least, times are fascinating as much as they are disturbing. The take down we have seen in gold and silver beginning on Friday and still continuing on Monday is breathtaking. I like many others believe that the takedown was...
I have come across the above item on eBay. It is selling at $60 for a 2 pound bag. It is not an illegal drug and it would not be much good for smoking either. It is simply shredded US currency and this lot is advertised as containing...
To me, at least, times are fascinating as much as they are disturbing. The take down we have seen in gold and silver beginning on Friday and still continuing on Monday is breathtaking. I like many others believe that the takedown was...
“Give a man a fish and you feed him for a day. Teach a man how to fish and you feed him for a lifetime.”
Has anyone ever wondered why no insurance company is game enough to insure bank deposits and nuclear power plants? The answer is simple, no premium (as Chernobyl, Fukushima and Cyprus have proven) would be great enough to make it a...
Has anyone ever wondered why no insurance company is game enough to insure bank deposits and nuclear power plants? The answer is simple, no premium (as Chernobyl, Fukushima and Cyprus have proven) would be great enough to make it a...

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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.