There was a little suggestion in a “Daily Reckoning,” last week, that all may not be as well as one thought, if certain things happen. Papers can get mixed up, computers fail, and all sorts of ugly things can happen. Take the all too common “identity theft” plague, which some of us have experienced. Innocent […]

Everyone wants to ’make money,’ as far as I can see. It’s a universal pastime and goal. The question I have, is how does one make money? Can you make money by starting a business? Some can, but most new restaurants fail within the first year, unless they are a franchise. Franchises seem to do […]

I have finally figured it out. Eureka! I now think I know why perhaps less than 1% of people are protecting themselves with gold and silver. They know that gold and silver are beautiful, and their very own jewelry is made of them, but they just don’t understand economics for one, but there is another […]

I was going to write about something else, but this is all important!  Today, Thursday, 3/8/07, a client FEDEXed me a package with fully negotiable notes in it valued at $14,000.  According to the tracking number, it was delivered at 9:40AM and left at my door.  I never got it.  I have two little dogs […]

Now for something completely different! This is about China’s bubble in stocks, similar to the U.S. 1929 bust, and even the 2001 one. Did the bursting of the China bubble have an effect on the rest of the world’s stocks? Maybe yes, and maybe no, but I think it did precipitate it. Chinese stocks went […]

The Ku Klux Klan was formed after the War Between the States, (Lincoln’s War), when Northern carpetbaggers and scalawags invaded the defeated South, and tried to further wreck it.  They almost succeeded.  Laws were abolished, homes invaded, and citizens were killed just for being white.  Negroes were appointed to office who couldn’t read or write, […]

As you may already know, I was in the theatre business for 11 years and had 6 theatres.  It was great fun, and I’d like to have a dollar for every hour I spent on a projection booth.  Things have changed radically since then, and the booth no longer has two projectors with carbon arc […]

As you may have read in my Gold Eagle Columns, I am not crazy about buying silver in bags of U.S. pre-1965 dimes, quarters and halves.  It is, admittedly the cheapest way to buy silver, often as much as 20 cents below spot.  This morning, as I write this, bags  are selling silver at 22 […]

I hear it all the time, and it’s true. “The trouble with your gold and silver is that they pay no interest.” (Of course silver went up 69% last year, and gold went up 28%, but admittedly it paid no interest.) No cash flow, in other words. Look guys, I deal with a lot of […]