Don's Column

Select from the list the article of your interest.

Filter by Title:       Filter by Date: to       

When's It Going Up?

Author:
Don Stott
Publish Date:
09/24/2018

The most common question I have been asked since I began doing precious metals in November of 1977, (that’s correct, over 40 years ago!) is, “When are metals going up?” Or, “What’s going to happen...

Barter

Author:
Don Stott
Publish Date:
09/18/2018

The use of barter in trade, is actually much older than actual ‘money,’ and can be dated back as long as written history exists.  The Bible’s timeline, probably dates back about 4,000 years, and the Hebrew...

$81 Million Gold?

Author:
Don Stott
Publish Date:
09/10/2018

The inflation rate in Venezuela is 67,934 percent per year, currently anyway.  This means that if you wanted to buy an ounce of gold, it would be 81 million Bolivars, which is what they use to use for money, at least for...

Fake Money

Author:
Don Stott
Publish Date:
09/03/2018

The “bit-coin” fraud I have already written about, so I won’t further bother you with that scam, other than to remind you that a non-precious metal coin selling for about $7,000 is absurd.  They say that...

Bonanza (part 4)

Author:
Don Stott
Publish Date:
08/27/2018

The Comstock gradually reached borrasca, but its fame lived on.  As a wonderful quote by “Kettle Belly” Brown, who had been the fire chief in Virginia City during the 1870’s, and who was being interviewed...

Bonanza (part 3)

Author:
Don Stott
Publish Date:
08/20/2018

Next week I’ll get into the economic results of the Comstock, but there’s one more name I want to mention about the characters of Virginia City, and that is Adolph Sutro.  Born in Germany in 1830, he immigrated...

Bonanza! (part 2)

Author:
Don Stott
Publish Date:
08/13/2018

By the year 1873, the Comstock mines had been in and out of bonanza several times.  After each slump, new mining ideas and devices came on, new prospectors came on the scene, and more silver was found.  No one was...

Bonanza! (part 1)

Author:
Don Stott
Publish Date:
08/06/2018

In 1859, ten years after the gold rush of California, a group of poverty ridden but determined prospectors, were gathered around Sun Mountain in Nevada, trying to uncover a supposed great silver strike uncovered by Ethan and...

Who Buys the Gold?

Author:
Don Stott
Publish Date:
07/30/2018

In the world today, most nations have a little bit of gold, and for that matter a lot of people have a little bit of gold.  Who has the most, and who buys the most, is an interesting thing to make note of, since gold is...

The Crash of 1929

Author:
Don Stott
Publish Date:
07/23/2018

In post World War One. America was rebuilding  and recovering.  The 1920’s were truly boom years.  The electrical grid was expanding, and more and more electrical appliances were being sold and...

Why don't you advertise?

Author:
Don Stott
Publish Date:
07/16/2018

TV is full of silver ads.  I mean big ads with lots of special effects, and all sorts of free stuff.  “Just call and we’ll send you a free 1 gram silver bar.” That’s worth a few cents.  Or a...

Take a Chance?

Author:
Don Stott
Publish Date:
07/09/2018

Life is full of chances one must take, just to live.  Did I pick the right mate?  Did I buy the correct car, home, neighborhood, job, town or city in which to live?  Correct doctor, insurance, church, friend, and...

Rag Babies

Author:
Don Stott
Publish Date:
07/02/2018

The Civil War was probably the greatest disaster to ever hit these shores.  610,000 people killed in that war started by Abe Lincoln.  The Civil War was unpopular in the North.  So unpopular, that Lincoln had to...

Banks

Author:
Don Stott
Publish Date:
06/25/2018

There are banks everywhere.  In small towns, huge cities, and foreign nations.  Bankers always seem to be wealthy, ever notice that?  The corner bank is really indispensable, and I would never want to eliminate...

Dollar Collapse?

Author:
Don Stott
Publish Date:
06/18/2018

There are lots of articles written by people supposedly ‘in the know’ about all sorts of things, but of late, many think the dollar is going to collapse, leaving those with them, or having saved in them, out of...

Basic Economics- Chapter 1

Author:
Don Stott
Publish Date:
06/11/2018

Economics, by definition, is simply the “Science that deals with the production, distribution and consumption of wealth,” according to a dictionary definition.  Wealth then, also according to a dictionary...

Numismatics

Author:
Don Stott
Publish Date:
06/04/2018

There are literally thousands, if not millions of people who make their livings calling people to solicit contributions for the policeman’s benevolent fund, (if there is such one),  some politico’s run for the...

Continental Dollars

Author:
Don Stott
Publish Date:
05/28/2018

The Continental Congress of The United States, authorized the creation of, and issuance of a ‘Continental Currency’ in 1775.  This was obviously before the War of Independence, and Jefferson’s...

Invest in What? Part 2

Author:
Don Stott
Publish Date:
05/21/2018

There are certainly many things one can do with surplus dollars, which can harm if you pick the wrong one, benefit if you pick the correct one, or if you don’t invest in anything, it is almost a guaranteed loss, since our...

Invest in What?

Author:
Don Stott
Publish Date:
05/14/2018

There are a whole army of ‘licensed financial planners,’ who for a percentage of your worth, will instruct you what to do, or usually  do it for you.  Whether they do anything, nothing, or cause you to lose;...

 

 

Spot Prices
Gold:   $1,199.60   -0.80
Silver:   $14.52   +0.05
Platinum:   $828.60   +5.70
Palladium:   $1,066.49   +2.69

Updated: Wed Sep 26