In the grim pandemic years, people got used to staying inside. Outlays on services, including everything from restaurant meals and foreign travel to elective medical care, collapsed. Demand for goods jumped, with a rush for computers and exercise bikes. Such patterns proved remarkably resilient even as life got back to normal. In 2023 we called people spending in this manner “hermit consumers”.
Has silver become a Giffen good, the famous textbook anomaly where higher prices supposedly lead to higher demand? In this...
QUESTION: Marty, you said this is a perfect storm behind the metals between sovereign debt and war. I believe you...
Just read this beautiful story 😭❤ I live in a 12-unit apartment building. For two years, I didn't know a...
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 435.64 points or 0.81% to...
Part the First: Predatory or Not? Over the past six years the biomedical literature has accumulated 494,547 scientific “publications” with...
Yves here. Perhaps you feel the same way I do about tech billionaires’ fevered dreams that too often look like...
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