Comprehending a Billion
A billion is a difficult number to comprehend, but someone did a good job of putting that figure into perspective:
A billion seconds ago it was 1959.
A billion minutes ago Jesus was alive.
A billion hours ago our ancestors were living in the Stone Age.
A billion dollars ago was only 8 hours and 20 minutes, at the rate Washington spends it.
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Gold Cracks $1000/Oz: Investing For A Recession Based on continuing weakness in the dollar, gold briefly breeched the $1000 level yesterday along with oil hitting an all time high of $111 per barrel. I had a really strong suspicion that we'd see $1000 gold by mid-March. Despite what Bernanke and Paulson said last summer, the housing...... -
Even Supermodels Don't Want To Get Paid in US Dollars! With Bloomberg reporting today that Gisele Bundchen, the worldâs highest-paid supermodel, has refused to accept payment in U.S. dollars, the dollar's downtrend is receiving more negative publicity. Giselle joins the ranks of billionaire investors like Warren Buffett, Jim Rogers and Bill Gross who are pessimistic on the dollar's future. The...... -
The Sun Sets On Dollar Supremacy According to a quote in the Telegraph, HSBC has issued a new report stating that the Federal Reserve's ultra-loose monetary policy is forcing China and other emerging countries to create a new global currency "order". According to David Bloom, HSBC's currency chief, the dollar looks like the sterling did after......
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