Believe me, I do have original thoughts. I have them all the time! On occasion, I run across a book, which is so fine, worthwhile, accurate, and timely, that I feel I must quote from it. So I will. The book is new, and titled EMPIRE OF DEBT, by Bill Bonner, and Addison Wiggins. I […]

The S.S. Central America was a beautiful side wheeler, 300 feet long, steam powered with coal, as well as sail, and was jet black. Her decks were scrubbed smooth and shiny, and the deckhouses were naturally finished with marine varnish. She had a red stripe below her deck, which ran along her entire length. When […]

Well now, haven’t prices taken a nice upsurge? Everyone’s at a profit position now, it seems. For some, they have waited a bit too long for this, and are now tempted to take their profits and sell…at a profit of course. Should they? I don’t think so. I don’t say this because of any commissions, […]

Last week, I explained that the so-called ’prosperity’ the economists are braying about, isn’t so. If Joe Six Pack takes his credit card and buys a new TV set, he may be buying a TV set (made in China), which is a purchase, but he is taking on not only that debt, but the interest […]