GOLD: The ultimate bubble

Soros has, over the lifetime of his fund, made more money for his clients
than British Airways or Apple have earned in their entire history.

George Soros, according to a recent study the world's most profitable hedge fund manager, opined on various investment topics during a recent symposium.  Asked his opinion on gold, he repeated his view that it was in a huge bubble and was not a 'safe' investment...

BALL OF CONFUSION (Part 1)

Round and around and around we go

Where the world's headed nobody knows

(Fans, marvel at the a capella vocals here)

Vietnam, 

segregation, 

social degradation, 

inner-city decay, 

drugs, 

police brutality, 

political corruption... 

Considering the catalogue of injustice The Temptations had to sing about when this classic was released in 1970, the use of an iconic protest song to illustrate the economic problems in our altogether more bountiful age might seem a little flip.  



But if that year represented a turning point between the youth-inspired creativity, hope and idealism of the 1960s and the late-century age of cynicism, materialism and greed which ultimately followed, I'm wondering if a different kind of tipping point may have been reached right here, in the dog-days of 2010.