Britain’s South Sea Windfall

As the 43rd anniversary of the Argentine invasion of the Falkland Islands approaches, history may again be in the making. This time, peacefully, Britain and Argentina might agree to develop the oil and gas resources in the regional territorial waters. If so, investors should get involved now.

The geography of inflation

Prices rise and fall for a great many reasons but there is only one cause of a general, ongoing rise in prices: an increase in the money supply. A look at the geography of Renaissance Europe’s great inflation illustrates the point.

Gold’s New High: Remembering Mr Brown’s “Bottom”

Gold hits $3,000 - 20 years after Gordon Brown sold Britain’s reserves at the bottom. Was it the worst financial decision in UK history?