Calm before the storm, yet again? « Peter J. Cooper’s Weblog

" In this climate the assets to hold are commodities in general, and precious metals in particular. Gold managed an eight-fold increase in the late 70s while silver soared even higher. Do not be surprised if history repeats itself, and oil prices also stay high."

Man with a horrific hole in his head becomes web celebrity

"A man with a hole in his head has become an internet phenomenon after a video of him being interviewed was circulated on the web.The man, who appears to be in his 70s, is being interviewed, apparently by friends...

Dad sues eloped daughter for $1M

Mustering pilot runs off with cattle baron's daughter in 1986, parents suing daughter and soon to be ex son-in-law. The case involved $1m and whether it was a loan or gift. " AN AUSTRALIAN cattle baron is suing...

Lessons from the 70s in why oil prices can stay high « Peter J. Cooper’s W...

" The problem is that to stop a financial crisis turning into a second Great Depression the only answer is to pump more money into the system to keep it afloat. This happened in the mid-70s and inflation moved still higher while the banking system tottered but did not fall,...

S&P reckons oil market not like the 70s but good for gold « Peter J. Cooper...

Mr. Kolts is of the opinion that the oil market has undergone a structural shift with demand way out of line with the capacity of existing installed infrastructure to deliver supply. This is very different from political interference – the Arab oil embargo of 1973 or the...

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