Don's Column

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Silver "Bags"

Author:
Don Stott
Publish Date:
01/07/2019

I started brokering precious metals in 1977.  At that time, silver was about $1.50 an ounce, and about all I had to sell, were ‘bags’ of U.S. silver coins, which then, and still do, contain $1,000 face value of...

85%

Author:
Don Stott
Publish Date:
12/31/2018

I always thought the stock market was traded a lot with computers, but I was shocked to see on Fox Business News last week, that 85% of all stock trades are done by computer!  Wow!  Locally, a vice president of J.C....

Safety

Author:
Don Stott
Publish Date:
12/24/2018

First of all, I wish you all, a Merry Christmas and Happy New Year! We all want to be safe.  It is with a desire to be safe, that we have locks on our cars and doors.  We have alarm systems on our homes and cars, and...

I Worked Three Years...

Author:
Don Stott
Publish Date:
12/10/2018

I love “Turner Classic Movies,” and a few days ago, a 1933 film called “Blessed Event” came on, and it was really funny.  It was a take-off of the late Walter Winchell, if any of you are old enough to...

It Had to Happen

Author:
Don Stott
Publish Date:
12/03/2018

It simply had to happen, and it did.  I wore my computer out telling everyone that bit coin was a fraud, worthless, and to please stay away.  I hope you did, because now the bit coin has been faked, and faked...

Impossible

Author:
Don Stott
Publish Date:
11/26/2018

I constantly harp on saving in gold and silver, and it may get a bit boring to you, and I apologize for that.  However, there are some things in life, that are virtually, if not 99.999% impossible to happen.  Things...

2.3%

Author:
Don Stott
Publish Date:
11/19/2018

A Wall Street Journal last week, reported that the Treasury indicates ‘everything is doing as it should, with inflation at 2.3%, which is where we want it.’  If you have a slow leak in a tire, obviously something...

More Dr. Franz Pick

Author:
Don Stott
Publish Date:
11/12/2018

From page 35 of Dr. Pick’s pamphlet, we find some history as well as some advice.  “America’s first currency exchange concerned the old Continental dollar.  The Continental was first issued in 1775,...

New $ for Old $

Author:
Don Stott
Publish Date:
11/05/2018

I have a couple thousand books, and read 50-60 every year.  I guess I am read freak.  I keep my supply even, by constantly donating read books to worthy causes, or my house would be full of books.  At any rate, I...

November 6th

Author:
Don Stott
Publish Date:
10/29/2018

I never make a prediction…until now anyway.  Despite the fact that no one can tell what can happen, even ten minutes from now, but November 6th is mid-term elections, and in this case, I think I can do a bit of...

Big Mistake

Author:
Don Stott
Publish Date:
10/22/2018

My phone rang yesterday, 10/18/18, and an elderly gentleman told me he had bought metals from me years ago, was glad to hear my voice again, and sorry to bother me, but he just wanted to ask me a question.  No problem, of...

If I'd Known

Author:
Don Stott
Publish Date:
10/15/2018

I have often told my clients that I have no idea what prices will be next year, next week, or tomorrow.  Usually they laugh, and some say, “Well you’ve been doing this for many years, surely you have a gut...

Real Money Everywhere

Author:
Don Stott
Publish Date:
10/08/2018

I have often told my clients that gold and silver are real money around the world, throughout all ages, and in all currencies.  Bitcoin is supposedly not connected with governments around the world, and someone can use...

Bitcoinfinger

Author:
Don Stott
Publish Date:
10/01/2018

Hey, I’m going to be 85 in a few months, and I’m going to tell you a story about a movie experience I had 54 years ago.  It has to do with gold, which is real money, as opposed to Bitcoin which is a fraud. ...

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...

 

 

Spot Prices
Gold:   $1,490.82   +0.52
Silver:   $17.46   +0.05
Platinum:   $889.29   +3.59
Palladium:   $1,773.70   +3.70

Updated: Wed Oct 16