Archive for April, 2008

Dual monetary system: gold coins and Federal Reserve Notes

Sunday, April 20th, 2008

Here’s a kind of funny article on a guy who tried to beat the IRS and when the IRS came after him escaped relatively unscathed. Basically he paid his employees in gold coins that are supposed to be legal tender but are worth far more than face value.

How do you find relatively low-risk but high-foreclosure real estate markets?

Tuesday, April 15th, 2008

This article discusses some of the riskier real estate markets, arguing that Denver is in better shape than Detroit and Cleveland because Denver is adding jobs at a good rate. The idea is that in some markets people aren’t buying because they can’t while in other markets (like Denver) they are just waiting for a better price.