As money is a medium of exchange, it must therefore have a unit of measure, and a store of value. It should be durable, exchangeable, divisible, have a store of value, scarce, portable, and universally acceptable. Gold has always been valuable, and has all of the previous needed characteristics. The dollar and all other currencies […]
I am not a braggadocio, but I do have what I call ‘original thoughts.’ I built America’s first non-smoking restaurant in Phoenix in the late 1970’s (The 1895 House), America’s first non-smoking hotel in 1982 (The Alma House) in Silverton Colorado, started a chain of ten ice cream parlours (Bijou Iced Crème Parlours) in Philadelphia, […]
As of Friday, June 7, 2019, the gold-silver ratio was close to 89 to one. Historically, the ratio has been 16 to 1. 90 years ago, gold was $20.67 an ounce, and silver was $1.25, or close to 16 to 1. In the year 1980, the ratio was 16 to 1, but that was when […]
Hi Don, I have purchased from you in the past from Melissa when I lived in ……. Currently I am building my cash (which as you know is almost like money) supply to deploy when our next Republican recession hits. History tells me that there is a high probability that it will occur before 2020 based […]