In my Kiwanis Club, are a couple of bankers. At one of my last programs, I, as usual, was speaking about precious metals. The question was asked, “Do gold or silver pay any interest?” The answer, of course, had to be “No.” I then asked the questioner and audience in general, “Does your home pay […]

While I don’t own any stocks of any kind, I do keep up with the market. I watch it every day with great amusement. Not precious metals stocks, but stocks in general. I know all about P/E ratios, and what is a good buy. I subscribe to Richard Russell’s Dow Theory Letters, even though I […]

I am writing this on Bastille Day, so a bit of French History, if you please. History does repeat itself, with variations. For several hundred years, the French used the livre as a currency. It may, or may not have been backed by gold, but since all of France was owned by the Catholic Church […]

That’s an old religious saying, or is it a song? I don’t know, but patience and fortitude, is what it takes to survive in these times. People ask me, “Why haven’t silver and gold gone up?” I don’t know, because all the signs are there. “How long can this stuff be manipulated?” I don’t know, […]

Most do. It’s secured by what is most people’s most important and most expensive investment, and that is a home. Most mortgages are for long periods of time, and have a secured interest rate, which will not change. Most also, have refinanced their mortgages to a point where they may be lower than 6% interest. […]