Established in 1671, Mocatta was the world’s earliest bullion broker and by 1774 was handling three-quarters of the world’s entire gold production. In 1890 Mocatta chaired the first London Silver Fix and ScotiaMocatta, as it became known following acquisition by the Bank of Nova Scotia in December 1997, continues to chair the Fix today. Continue reading
Author Archives: Justin
Economic Thought Of The Day
There is just no reason why an American worker should continue to earn $40 an hour and a foreign worker just 35 cents per hour. Most likely, the foreigner is better educated and more disciplined. I expect we’re going to see a great leveling of wage rates around the world. Continue reading
I.R.A. Finances
During the early 1980s the IRA bought shares in a publicly traded British company said to have been worth 200 million pounds, then used offshore brokers to take it over. They permitted most of the company to be run legitimately, but kept a corner of it to themselves to launder 30 million pounds over an … Continue reading
Shooting Two Guns At Once – Experiment # 4
On a visit earlier this year from my good friend Ian Bowman, we had a number of adventures. One adventure was a shooting expedition during which we conducted a double-fisted shooting experiment. This was inspired by Hollywood movies such as “Bad Boys” or “Rosewood” where the heroes utilize two handguns and defeat the bad guys … Continue reading
Photos Of The Day: War Plan Orange
Iraq Insurgents in Iraq Russian Soldiers Burlington Northern Santa Fe And the Southern Pacific Daylight Continue reading
MRE Review
We all likely have heard of MREs or “Meals Ready to Eat” before. These are issued by the military for use in situations that do not allow for full cooking facilities to be set up (due to time constraints, weight restraints, whatever…). Not surprisingly, they have also become popular with backpackers, survivalists, campers, paramilitary enthusiasts, … Continue reading
Motorcycling Basics – Lessons # 13 and 14
Lesson # 13 – It is probably not a good idea to ride your motorcycle while hung over from the night before Lesson # 14 – It is usually a good idea to keep track of which gear you are in On a recent Saturday morning, following a very heavy drinking night on Friday, I … Continue reading