Don's Blog
Select from the list the article of your interest. These columns are the opinions of Don Stott, the founder of Colorado Gold. They are not meant to be seen as the opinions or directives of Colorado Gold, Inc.
"Forget the Gold Standard..."
That’s part of a headline in last Thursday’s Journal. The rest of the headline is, “and Make the Dollar Stable Again.” That would be nice; to make the dollar stable again, wouldn’t...
Fraud Perpetuated
The National Debt is over $22 trillion, correct? Not counting $200 trillion pledged in the future for Medicaid, Medicare, Food Stamps, etc. All impossible to be repaid, other than with ‘Monopoly Money,’...
We're Doomed
The world is chock full of what I call, “Calamity Howlers.” I’ve mentioned the ‘ozone hole,’ which calamity howlers decided that if we didn’t change all our refrigeration from one kind of...
91, 92 & 100
Three things of note as I see it. The first – 91 – is the simple fact that 91% of everything Walmart sells, with the exception of groceries, is made in China. Walmart has commissioned a new, sleek,...
Money
As money is a medium of exchange, it must therefore have a unit of measure, and a store of value. It should be durable, exchangeable, divisible, have a store of value, scarce, portable, and universally acceptable. ...
Jubilee
I am not a braggadocio, but I do have what I call ‘original thoughts.’ I built America’s first non-smoking restaurant in Phoenix in the late 1970’s (The 1895 House), America’s first non-smoking...
Is Gold Silver Ratio Too High?
As of Friday, June 7, 2019, the gold-silver ratio was close to 89 to one. Historically, the ratio has been 16 to 1. 90 years ago, gold was $20.67 an ounce, and silver was $1.25, or close to 16 to 1. In the year...
A Letter to Don and his reply...
Hi Don, I have purchased from you in the past from Melissa when I lived in ……. Currently I am building my cash (which as you know is almost like money) supply to deploy when our next Republican recession...
Prices Too High?
“Prices were so low years ago, I’d like to return to them,” might be a current complaint, and about everything, not just gold and silver. Before we go any further, we must realize that the gold-silver...
Then and Now
“Then,” in this case, really isn’t that far back. If you speak of “Then” usually, it may be a hundred or hundreds of years ago, and maybe even Biblical times. Let’s make it, say 87...
Another Bit-Coin
The current craze for cryptic money, such as Bit-Coin and others, which are backed by nothing, and supposedly are free from government interference. Gold and silver are free from that too, but have historical real...
Evil to be Rich?
The current ‘green’ idea, is to tax the richest for about everything they have, and of course, to be really ‘green,’ we must kill all the cows, airplanes, power plants which burn natural gas, or coal, and...
Stable Money
‘Stability,’ is a simply gorgeous idea, in all fields and endeavors. A stable building with a stable foundation, a stable marriage, and of course stable money, which brings me to a Journal (Wall Street) piece of...
Fake
There are many types of “Fakes” and “Fakery,” in the world today, and for that matter, throughout history. I’ve been through fake money many times, which are un-backed paper currencies as seen...
Security
There are many types of security. Security of your home and car with locks and alarm systems and a ‘Homeowner’s’ insurance policy as examples. There is, as I mentioned last week, the FDIC which...
The FDIC
There are many companies which sell insurance. Insurance for your car, home, or any possible liability you may incur. Insurance companies are rigidly regulated by governments at federal, state and even locally in some...
How Did We Ever Do It?
There was a period in American history, when there was no central bank. The first one was just after the Revolution, followed by the second one, which lasted till President Jackson vetoed it, after the Congress voted for...
The First Federal Reserve
There was a first, second, and the current Federal Reserve. The second was called, “The President, Directors, and Company of the Bank of the United States.” It was chartered by James Madison in 1816, for a...
Morgan & Peace Silver Dollars
The “Morgan” silver dollar contains .7874 oz of pure silver, was minted from 1878 to 1904, and again in 1921. It’s a beautiful coin, designed by George T. Morgan, a Brit, who was only 30 at the time, but...
Fake China News
The Last thing anyone should do, is invest in a failing institution or in a company denominated in failing currency. The media is full of the ‘fact’ that China’s exports are down by 20%, but that their...