Also assumes O’Connell isn’t a stats guru - the man has 3/4s of a computer science degree!
27.02.2026 12:52
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Also assumes O’Connell isn’t a stats guru - the man has 3/4s of a computer science degree!
There’s Muckie, the monster in the Killarney lakes too.
So, not a no.
Macroom - where he’s from in Cork has a town phrase “the town that never raised a fool”. He’ll have to tell them to change it now.
100%
Here is a short paper I was involved in writing using these arguments to estimate a LR return for gold. www.gold.org/goldhub/rese...
The majority of gold owned is jewellery(54%) financial demand causes a lot of churn,but the stock of gold builds up mostly with consumers. It would be fundamentally determined by savings ability and economic growth. Gold is not simply a financial asset. In the long run consmers are the holders.
Gold is not a normal asset-by the logic that fear is only sentiment there are no fundmental drivers for gold-without a yeild. If a bubble occrs when high prices are not justified then gold at 5k is justified if there were to be a serious shock in confidence in the dollar without an alternative.
I'd argue that a fundamental driver of gold is its safe haven feature. The increase in fear is driving safe haven buying as it always does, if the uncertainty dissipates as it did after Dragi's "whatever it takes" speach, the underlying fundamental reason to hold golds high price will dissipate.
The rise to 1900 was temporary but not a bubble-if things hadn't improved, it would have stayed high. When the world calms down(hope it does)gold & silver will fall. The usual after a bull market is ~40%. When that happens, people will say this was a bubble, buts its driven by fundamentals: fear.
May 1939 - more frequent references to defence spending in the Financial News newspaper. Here the growth in the importance of defence expenditure for the economy.
One does not simply navigate their way into MS Teams
#silver market is roaring ATM but in August 1937 Twas not so … “Lifeless” said the Financial News. Boom will eventually turn into bust again, only question is when.
From nearby🧙
I’m not sure being captain suits him. Seems to take a lot of the pressure on himself.
Between 1962-2003 Amihud was: 0.029 for Short US Bonds, 0.125 for medium Bonds, and 0.218 for Long-Bonds per Goyenko et al. (2009) vs 0.17 for gold over the full sample and 0.007 from 33-39.
More data to be collected next week to fill in the blanks, but it seems #gold was liquid back then, too.
when Private Hoarders started buying started getting comments from the IMF (www.cambridge.org/core/journal...) etc. The market was remarkably liquid. Even on the last day before markets closed for WWII it had better liquidity than in '31. For comparison 2/n
@goldcouncil.bsky.social Was the #gold market liquid in the 1930s? I've collected a small sample from each year when prices in the London Gold Market were free to vary from 1931-39. Based ona fw days from each year at this point, we can see that though it was more illiquid in 1931 by 1933 1/n
More and more breweries that only deal in non-alcoholic beer showing up such as Fierce Mild in Ireland and Lucky Saint in England @alcoholireland.ie www.irishexaminer.com/business/com...
Slightly diminish a band
TA39.99999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999999988888888888888888888888888888888888999999999999999999989999999999999999999999999999999999888888888888888888
Well since Conchobhar na Siudaine Ó Briain did it in 1257 anyway, kidnapping the sons of O’Briens. But they weren’t Venezuelan afaik.
Still undefeated in #monopoly in 2026
They could have done with her at the Ashes, great woman to throw a ball.
This himself!
Explained mostly by rising gold prices
Lovely to chat with Alex Demas about gold and silver's record year, "What’s Behind Gold’s Rally?" thedispatch.com/newsletter/m... @ucc.ie
They should fabricate data the old fashioned way, with Monte Carlo simulations - like our fathers and their fathers before them!
A sad stag
#BathvMun
Infinite loop created.
