Friday, August 17, 2012

Debt and Platinum

A couple of days ago, the debt widget above clocked over $131,000 in national (US gvernment treasury debt) outstanding per taxpayer. Since installing this widget here at my blog (June 2011), it first went from under $119,000 to $131,000.

Feeling $12,000 RICHER, to pay your fair share, Mr. and Mrs. Taxpayer?

Me either.


Platinum has been on a tear the past couple of days. Up about $70 per ounce.  The most likely explanation that I can offer is recent violence (police killing miners) at a platinum mine in South Africa.

1 comment:

  1. I watched the3 same thing. Platinum will drop back down when the mine replaces the workers, which in pov erty stricken Africa should be relatively easy. The emotion traders will get burned, but the long term traders will be fine.


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