An ongoing comparison, which has been going on for many decades, is ‘what is the best way to run a car? Diesel or Gas?’ Many say that since all highway tractor-trailers use diesel, diesel must be best. Also, modern locomotives use diesel, so that’s another argument for diesel. Are these good arguments for automobiles? Yes […]
A few years ago, some entrepreneur had a bright idea. He must have thought to himself, ‘Boy, silver and gold are far too expensive, and people want something cheap. I’ll make a coin that is a bit cheaper than gold or silver. I think, since it is a bit cheaper, I’ll call it ‘Bitcoin.’ I […]
There are all sorts of ‘ratios’ in life, and even in economics. The late Richard Russell, (1924-2015), founder of “The Dow Theory Letter,” wrote many times, that a good stock to buy is when its PE ratio (price-earnings) is in the 10 range. In other words, a stock to be a good buy, should earn […]
Numismatics, are the study, selling, and buying of rare coins. It can be American coins, coins or bars salvaged from old ship wrecks on the floor of the sea, or any coins or bars which are rare. As an example, in 2016, the US mint at West Point New York, made, I think about 34,000 […]
