Today's house tour is in Buffalo, New York, so I'm going to rent a van, drive up there, and steal all her vintage chairs in the middle of the night. Check it out here. (Originally from Poppytalk)
Monday, May 5, 2008
New Cookie home tour
Today's house tour is in Buffalo, New York, so I'm going to rent a van, drive up there, and steal all her vintage chairs in the middle of the night. Check it out here. (Originally from Poppytalk)
Calling Cards
Great news: Sesame Letterpress and Moontree Letterpress have teamed up to start Brooklyn Social Cards, a design company that will create lovely personalized calling cards for not-too-much-money. You can choose from fifteen designs, as well as a bunch of images, including a bike, telephone and scissors. Aren't they pretty?
Friday, May 2, 2008
Lolita Costume
Usually I'm terrible with Halloween costumes (I was a cat for six years running), but this year, Alex and I already know what we're going to be: Lolita and Humbert Humbert! I know it's six months early, but I found this amazing romper on etsy; combined with a sandals, heart sunglasses and a tennis racket, I think (hope) the costume will be pretty rad. Alex, meanwhile, will wear a robe, smoke a pipe and speak with an unidentifiable European accent. Yay, a good Halloween for once!
Thursday, May 1, 2008
2001 Revisited: Gold's Most Meaningless Correction Yet
1 May 2008
I'm too busy to post right now, but I simply have to state that the present sharp correction in the gold price is the most meaningless correction to date in the present gold bull market.
Why?
All the fundamentals are in place for gold to replace "paper" (digital?) currencies as real money in the third millennium.
Financial assets are in the process of being thoroughly discredited as a consequence of rampant, reckless and unregulated speculative activity. Governments have only one solution - which is to spend, spend, spend. And central banks have removed the mystery regarding their monetary policy agendas. Loose money is the rule of the day, and will remain so for as far as the eye can see.
In 2001, all the reasons not to own gold had evaporated, but the case FOR owning gold was only emerging. It was risky to own gold in 2001. Gold was still a speculative investment.
In 2008, every foundational point arguing against the ownership of gold has collapsed. The bull case for gold has been thoroughly established, and there is simply no remaining argument against owning gold. It will trend upwards uninterrupted for at least a further decade, as all the brakes have been removed - in fact, there is no reinstalling them at this point. It has gone too far. The freight train (of the speculative, financially-engineered economies of the US and the western nations) is barrelling downwards on a steep grade with no end in sight.
May 2008 is as good a time to buy gold as was April 2001. The current sharp pullback is a consequence of decisions made by traders with short-term investment horizons only. It is meaningless, and of no consequence, for long-term gold investors whatsoever.
For anyone with an investment horizon of greater than two years, there is simply no possible way to go wrong by owning gold from here.
I doubt that owning gold can again be questioned until it has at least doubled today's market price of approximately $850.00. That puts me onside with Jim Sinclair, who sees gold at $1650 per ounce by 2011.
I'm holding my gold investments until then, and planning to retire that year.
I'm too busy to post right now, but I simply have to state that the present sharp correction in the gold price is the most meaningless correction to date in the present gold bull market.
Why?All the fundamentals are in place for gold to replace "paper" (digital?) currencies as real money in the third millennium.
Financial assets are in the process of being thoroughly discredited as a consequence of rampant, reckless and unregulated speculative activity. Governments have only one solution - which is to spend, spend, spend. And central banks have removed the mystery regarding their monetary policy agendas. Loose money is the rule of the day, and will remain so for as far as the eye can see.
In 2001, all the reasons not to own gold had evaporated, but the case FOR owning gold was only emerging. It was risky to own gold in 2001. Gold was still a speculative investment.
In 2008, every foundational point arguing against the ownership of gold has collapsed. The bull case for gold has been thoroughly established, and there is simply no remaining argument against owning gold. It will trend upwards uninterrupted for at least a further decade, as all the brakes have been removed - in fact, there is no reinstalling them at this point. It has gone too far. The freight train (of the speculative, financially-engineered economies of the US and the western nations) is barrelling downwards on a steep grade with no end in sight.
May 2008 is as good a time to buy gold as was April 2001. The current sharp pullback is a consequence of decisions made by traders with short-term investment horizons only. It is meaningless, and of no consequence, for long-term gold investors whatsoever.
For anyone with an investment horizon of greater than two years, there is simply no possible way to go wrong by owning gold from here.
I doubt that owning gold can again be questioned until it has at least doubled today's market price of approximately $850.00. That puts me onside with Jim Sinclair, who sees gold at $1650 per ounce by 2011.I'm holding my gold investments until then, and planning to retire that year.
I heart this swimsuit. Ruffles!
Fun fact: This adorable bikini was designed by Loeffler Randall, co-owned by Jessie Randall, who lives in this house, featured on this cover, which started a cultish craze for this poster.
Media Gossip: Caviar Baked Potatoes.
One of the best parts about dating a New York Times reporter is getting to meet other New York Times reporters.When I stopped by Alex's office a few weeks ago, I rode the elevator down with one of my fashion-writing heros, when I suddenly turned into a bumbling eight-year-old. He was like, "How are you?" And I said, "Nice. Uh, Good. What? Thanks." Luckily, I pulled myself together enough to talk about our weekends. He said that he had made his boyfriend a baked potato stuffed with caviar. Sigh. How. Incredibly. Fabulous.
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