Dust flux, Vostok ice core

Dust flux, Vostok ice core
Two dimensional phase space reconstruction of dust flux from the Vostok core over the period 186-4 ka using the time derivative method. Dust flux on the x-axis, rate of change is on the y-axis. From Gipp (2001).

Monday, August 15, 2011

Gold rated AAAA, now two steps above US treasuries

Bank of America has rated given gold its first-ever AAAA investment rating. Take that, Buffet!

Gold AAAA

Remember that this is a sovereign debt crisis and not a company debt crisis. Moats, pitchforks, farmland, silver, companies that produce real products that don't depend on government--also pretty good investments. Companies based on debt, government contracts, many other forms of paper--bad.
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