Thursday, December 22, 2016

Black Swans, Yellow Gold

"An ounce of gold cost $271 in 2001. Ten years later it reached $1,896—an increase of almost 700 percent. On the way, it passed through some of the stormiest periods of recent history, when banks collapsed and currencies shivered. The gold price fed on these calamities. In a way, it came to stand for them: it was the re-discovered idol at a time when other gods were falling in a heap of subprime mortgages and credit default swaps and derivative products too complicated to even understand. Against these, gold shone with the placid certainty of received tradition. Honored through the ages, the standard of wealth, the original money, the safe haven. The value of gold was axiomatic. This view depends on a concept of gold as unchanging and unchanged—nature's hard asset." - Matthew Hart, Vanity Fair, November, 2013

Cited by Michael J. Kosares in Black Swans, Yellow Gold

Thursday, December 1, 2016

Review: The Sign and the Seal: The Quest for the Lost Ark of the Covenant

The Sign and the Seal: The Quest for the Lost Ark of the Covenant The Sign and the Seal: The Quest for the Lost Ark of the Covenant by Graham Hancock
My rating: 5 of 5 stars

I read this book over twenty years ago and while I cannot recall the details, I still remember how compelling of a story it was. I write now because lately I watched a video of Graham Hancock and recalled that I could hardly stop reading this book. Interestingly, it's now the #1 best-seller on Amazon in the Books > Travel > Africa > Ethiopia & Djibouti category.

Thankfully Joe Rogan is a fan of Hancock's work and has interviewed him several times. Here's his latest: https://www.youtube.com/watch?v=0H5LC...

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