John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...
Globally the bond bubble has grown by more than $20 trillion since 2008. Today it is north of $100 trillion, with an additional $555+ trillion in derivatives trading based on it.
After all, in yesterday’s oil trading there were over 600,000 contracts trading hands on the Globex exchange Tuesday with over 1 million in estimated total volume at settlement.
And that's why many office towers, hotels and especially hospitals don't have 4th floors. Because who would want to work, stay or be sick on the floor of death?
As my wife explained it to me, both 'four' and 'death' are pronounced the same. The pinyin is 'si' and kind of sounds like saying 'tzuh.' There are a lot of these 'sounds like' associations in the language, for example the word for 'llama' (ciao ni ma - literally mud grass horse) pronounced in slightly different tones is 'screw your mother' (ciao ni ma - literally f* you(r) mother)
Fun story: my mother-in-law got a car and the license plate number was possibly one of the unluckiest numbers you could possibly get, IIRC it was 1754. It roughly sounds like saying "I am angry to death."
And that's why many office towers, hotels and especially hospitals don't have 4th floors. Because who would want to work, stay or be sick on the floor of death?
That's also why many buildings in Asia don't have a fourth wall. Better to have an open side to a building than a wall of death.
As my wife explained it to me, both 'four' and 'death' are pronounced the same. The pinyin is 'si' and kind of sounds like saying 'tzuh.' There are a lot of these 'sounds like' associations in the language, for example the word for 'llama' (ciao ni ma - literally mud grass horse) pronounced in slightly different tones is 'screw your mother' (ciao ni ma - literally f* you(r) mother)
Fun story: my mother-in-law got a car and the license plate number was possibly one of the unluckiest numbers you could possibly get, IIRC it was 1754. It roughly sounds like saying "I am angry to death."