Quotes of the day

Moctezuma was a brutal and bloodthirsty dictator. It’s no wonder neighboring tribes helped the Spanish to overthrow him.--Hugh Thomson

The Keynesian free lunch is a dangerous meal to serve to politicians who always want an excuse to spend money on their friends financed by other people’s money.--Russ Roberts

Everybody wishes to live at the expense of the state, but they forget that the state lives at the expense of everybody.--Frederic Bastiat

... the number of speculative longs at COMEX is almost 10 times higher than the number of outstanding short positions and this is a big concern and a big danger for the market because those are weak hands and should unwinding come - I think the trigger for the unwinding would be the strength of the US dollar- we will see a strong slump in the gold price, probably moving to somewhere between 900 and 960 dollars going forward.--Eugen Weinberg

For me, Search Engine Optimization is like prayer. I know it does something, but it doesn’t seem consistent and I can’t give concrete examples.--Abraham Piper