Don's Column
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.
Basic Economics- Chapter 1
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
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
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
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?
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
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?
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
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
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
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)
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,...
Mass Protests
Friday, March 23, 2018, saw hundreds of thousands of protesters parading across America. They were everywhere, protesting guns, the NRA, and demanding new laws, as if there weren’t enough already, which I am certain...
The Dollar (Part 3)
What are dollars anyway? The simplest definition, is that dollars are money. Money we have to use to pay our debts, thanks to ‘legal tender laws,’ which require this. This is not a total definition...
Tariffs
More on the dollar next week! President Trump is levying a 25% tariff on steel, and 10% tariff on aluminum. Rinos (Republicans in name only), and many Democrats are screaming that it will start a trade war, and they say...
The Dollar (Part 2)
Although experiments with paper money did occur throughout the early history of the country, they were largely unsuccessful. People, for good reason, didn’t trust the notes and preferred gold and silver coin. In...
The Dollar (Part One)
In The history of the dollar, or for that matter, silver coins, goes back to the time before Jesus! In BC 425-401 in Phoenicia, small silver coins with five towers on one side and horsemen on the other, were struck, and...
The Krugerrand
In May of 1975, I sold the Grand Imperial Hotel in tiny Silverton Colorado for six times what I had in it, and took a 30 year note back, which meant that I didn’t have to work any more. I was 41, and that didn’t...
The Silver Scam Continues
The phone rings, and it is an old customer who lives a few miles from me. Peter asks if he can bother me for a few minutes. “Certainly! Come on by.” Peter comes by, doesn’t want to buy...
Pump and Dump
The stock market has done a bit of correction in the last week or so. About 7%, as a matter of fact. To me, who doesn’t own a single share, it was to be expected. “Whatever goes up, must come...
Illinois Economics
Economics is the backbone of every business, individual, and state. Without excellent ratios between buyers and sellers, and government expenditures and tax receipts, bankruptcy will surely be threatened. With that in...
