Don's Column

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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;...

A Short History of Gold

Author:
Don Stott
Publish Date:
05/07/2018

Gold’s history dates back to about 3100 BC, but that would be boring, so let’s stop and think about how it must have been discovered.  I owned three hotels in little Silverton Colorado, which was a mining...

What can you buy with gold and silver?

Author:
Don Stott
Publish Date:
04/30/2018

Simple, nothing!  You can barter with gold and silver when paper money becomes worthless, as it has in 100% of the world’s history.  America, and most, if not all other nations, knowing their currency can and will...

Black Friday, 1869

Author:
Don Stott
Publish Date:
04/23/2018

It’s a long story, and I’ll try to abbreviate it, because my daughter Melissa, sort of witnessed the results 130 years later! The story began when the North printed Greenbacks, as I have mentioned in a past...

World War III

Author:
Don Stott
Publish Date:
04/16/2018

For a couple of weeks, America’s left and right, thought with a shudder, that President Trump had America heading into World War Three.  He was considered to be reckless, and acting without a grain of common sense,...

Special Counsel

Author:
Don Stott
Publish Date:
04/09/2018

For over a year now, special Counsel Robert Mueller has been costing taxpayers millions of dollars, and has been investigating everything his mind can conjure, other than his original instructions and purpose.  There is a...

The Dollar (Part 4)

Author:
Don Stott
Publish Date:
04/02/2018

Until 1862, the United States had only twice issued dollars which were not redeemable into gold.  Those times were during the Revolutionary War, and the War of 1812.  Both times, the wars were paid for with paper money,...

 

 

Spot Prices
Gold:   $1,489.04   -1.26
Silver:   $17.38   -0.03
Platinum:   $886.17   +0.47
Palladium:   $1,775.83   +5.83

Updated: Wed Oct 16