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.
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...
Pennies
The ‘penny’ originated in AD 790 in Britain, called the ‘Pence” and were a hundredth of a pound, like today’s pennies are a hundredth of a dollar. “A penny saved is a penny earned,”...
"Seeking Safety..."
“…Investors Buy Up Gold” is the remainder of the headline in Friday’s (2/22) Wall Street Journal. The following are direct quotes from the six column piece, with no words of mind...
National Bank Note Company
My birthday was yesterday 2/17. I’m now 85 and in virtually perfect health. I still don’t know why I retired, but I did. __________________________________________________________ The so called...
Paper Money vs. Gold
The first recorded use of paper for money, rather than gold, silver, bronze, copper, iron, and other metals, occurred in China in the thirteenth century. The then Chinese ruler, Kubla Khan, manufactured paper money from the...
Silver's Outlook
It’s really nice to see silver and gold prices going up steadily of late. Will they continue? No one knows, but an article in Bloomberg might give us a hint. Remember, silver is used in a variety of items...
Pensions
It’s kind of scary, but the top corporate pension plans are underfunded by over $225 billion. That’s the private sector, and how about various State plans? Illinois pensions for retired workers is only...
The Wall
First of all, there already is a wall separating Mexico from the U.S. It is hundreds of miles long, and currently is being repaired where needed. It may not be high enough to prohibit ladders being raised to cross...
Silver Eagles
It wasn’t until 1986 that the U.S. Mint in West Point New York, was placed into operation, and began producing both Silver and Gold Eagles. Before that, beginning in 1980, I had gold Maple leafs, but no silver...
Silver "Bags"
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%
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
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...
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
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...
