Gold and the Compounding Effects of Time

Originally posted on Saturday, March 10th, 2012 An urban legend attributes to Albert Einstein a declaration that compound interest is the most powerful force in the universe. Right thought.  Wrong source. As author Sylvia Nasar notes in her lovely Grand Pursuit:  The...

Yreka: “the richest square mile on earth.”

Originally posted on Tuesday, March 6th, 2012 It was March, 1851 and gold had recently been discovered about 30 miles south of here on the Scott River. A group of six men… while striking camp the next morning, Thompson observed something extraordinary. Because...

Eureka!

Originally posted Saturday, March 03, 2012 Share “Archimedes jumped out of the tub and rushed home naked, crying with a loud voice …  “Eureka, eureka” = “I have found (it), I have found (it)”. from THE TEN BOOKS ON ARCHITECTURE  DE ARCHITECTURA LIBRI DECEM...