Has anyone come across this site? There are some interesting thoughts posted on the summary blog on various topics. Today's post on gold provided a prediction on the price in 2011 and where it may end up when the bubble comes based on previous bubble in recent history. http://macrobusiness.com.au/ IN summary, "If the current trend continues for the remainder of the calendar year, the medium term price target is $1700 ... If you consider that history is repeating, than the target is more likely in the $2700 to $3500 range (..."terminal" point in 2012-13)" (written by 'The Prince' someone)
this one's been around for a while (see general PM thread sticky on links) I'm in two minds about it On the one hand, unconventional economist and delusional economics, not to mention hobo-jo, are great posters on the other hand, there is the wily carbon E coyote, who has written such pearls as (roughly) "I don't think democracy is the best system to implement carbon trading/tax/ETS" begs the question why, if most people don't want it what does he think - green totalitarian would be better? I found much of what wile E says so repulsive that I don't even look at the site much I even suspect he is at least partialy bankrolling it, as his mangy mug appears on the front page on the top right
I agree up to the brackets, disallowing major disruptive effects like new gold backed world currency etc etc.
UE is by far the best, a must read, and I find myself reading the Prince more and more these days. I think his analysis and writing are pretty good. Delusional is a bit hit and miss. The rest mostly a waste of time imo. UE should have stayed by himself I think.
