Larry's Blog
Observations on World Population
January 11, 2010
World population did not always advance as rapidly as it has been doing since the American and French revolutions. It took 1.5 millennia for the world population to expand by 200 million, or 67%, to roughly a half-billion around 1500 and a further 300 years to double to a billion people. The doubling interval more […] More
New Overnight Developments Abroad - Daily Update
Dollar Falters as Commodities Surge
January 11, 2010
The dollar overnight lost 1.0% against sterling, 0.8% versus the euro and Australian dollar, 0.7% against the Swiss franc and kiwi, and 0.4% relative to the Canadian and Japanese currencies. Japanese markets were closed for Coming of Age Day. Gold prices jumped 1.7% to $1157.80 per troy ounce, while oil advanced 0.9% to $83.52 per […] More