7 Comments

Saint Peter don't you call me 'cause I can't go, I owe my soul to the company store. The worst four years I ever spent was Jimmy Carter's term, that is till now. On steroids!!!

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You wrote ‘if your income exceeds your outgo, your upkeep will be your downfall.’

I think you reversed income and outgo in that phrase.

But as always, a great essay!

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author

Thanks for pointing the error out. We've fixed it on the posted copy above. The email will live on in infamy.

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Bill, what about the gold: silver ratio? Would silver be a better hedge at this stage? Thanks.

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I'm confuzeled...wouldn't P/E drop if price falls? Assuming earnings haven't also dropped.

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Was gonna ask the same…. If P falls then P/E should fall too…. No?

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I OWE MY LIFE TO THYE COMPANY STORE !

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