The real price of gold in the USA

The real price of gold in the USA

So, I have been very interested in buying some gold for investment purposes since the last year. Gold has been rallying like a crazy bull for the past year, with no correction in sight. Partly, this has been because the US dollar has been devaluing, mostly because speculators worldwide are involved in the dollar carry trade, replacing the yen carry trade. However, despite this, the price of gold has been going on up in currencies which are not pegged to…

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Rails 2.3.4 and acts_as_favorite incompatibility

Rails 2.3.4 and acts_as_favorite incompatibility

Usually, I try to write about information problems, and what we can do to better parse from the myriad of information. I have been involved in gigzee, which is built in Ruby on Rails, and like everyone else, we upgraded to Rails 2.3 a few weeks ago. We also use a customized version of the acts_as_favorite plugin internally to track which artists, gigs and venues people like. So, it was very disconcerting when after the upgrade the acts_as_favorite plugin stopped…

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How many people do you know who have never got a speeding ticket?

How many people do you know who have never got a speeding ticket?

When I was in graduate school, one of my roommates asserted that he planned to go through life without getting a speeding ticket. I met him a couple of months ago, and I asked him how he was doing on that plan. He had got one speeding ticket! Amazingly, even though I had never made my intentions public, I also planned to go through life without getting a parking ticket. Yet, despite my best intentions, I too got a ticket…

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Writing – original opinions or commentary?

Writing – original opinions or commentary?

Ever since tools like wordpress and other blogging engines have become popular on the web, a lot of people have started writing. It is phenomenal that people, including myself, have discovered that they really wanted to write and be read. I guess there is some vanity in that, as well as pride when other people ‘follow’ one’s blog. But it seems that the majority of such writings are really not much more than a commentary on what’s going on in…

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Analytical or Analogical?

Analytical or Analogical?

Like most other engineers, I have prided myself as being super-analytical. We engineers keep throwing words like analytical around with a matter of pride. I have often wondered how exactly analytical I am. As per the definition, analytical means “skilled in or using analysis especially in thinking or reasoning”. Now isn’t that a confusing definition, since it means that an analytical person is skilled in using analysis. However, in general, we all seem to agree that it means ‘having to…

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Why don’t online reviews work as well as they are supposed to?

Why don’t online reviews work as well as they are supposed to?

The internet is primarily designed, and has evolved, to solve information problems. The internet cannot yet deliver experiences, except where the experience itself comprises entirely of information. The internet can only deliver information for the senses of hearing and seeing through pictures, text and video. Thus, any experience that comprises wholly of stimuli to these senses can be delivered, such as games. However, the internet cannot deliver information for the senses of touch, taste and smell. Thus, for us to…

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