If all currencies are moving up or down together, the question is: relative to what? Gold is the canary in the coal mine. It signals problems with respect to currency markets. Central banks should pay attention to it.

Excessive optimism sows the seeds of its own reversal.

The arts develop skills and habits of mind that are important for workers in the new economy of ideas.

Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.

I love to play tennis and golf, listen to music, watch baseball and root for the Redskins.

I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.

The tub helps me relax, and it's a great place to read.