I’ve been writing columns, and dealing in metals for 48 years, and I have observed that 99% of our business, is from politically conservative, generally Republican, intelligent, people, who realize that the dollar is backed by nothing, and while it has not reached the level of the German Reichsmark after WW I, when it went […]
Dictionary definition of “Rewards: “Something given for service or merit.” In other words, a reward is something earned or deserved. A child may be given a reward for doing their chores, or learning the multiplication table, as an example. Use of a credit card, may receive a reward for its use, in the form of […]
In ancient Babylon, there was no paper money. Their money was the shekel, which equaled to a quarter ounce of silver. Therefore, they had no inflation! Imagine that! 1800 years ago, the money was a silver shekel, or a quarter ounce of silver. That was much better than what we have today, which is un-backed […]
It was about eight years after the Civil War ended, which war cost the North a million dollars a day to fight. The North won, but there was no income, as everyone was broke, and couldn’t pay taxes. There was no gold in its treasury, and all they had were silver coins as real money, […]
It was about eight years after the Civil War ended, which war cost the North a million dollars a day to fight. The North won, but there was no income, as everyone was broke, and couldn’t pay taxes. There was no gold in its treasury, and all they had were silver coins as real money, […]
The most asked, but unanswerable question is, “Will it go up tomorrow?” My answer is always, “If I knew what will happen a half hour from now, I’d be the richest man on Earth.” I do know this though, that everything will go ‘up,’ not in value, but in purchase and sell prices. Maybe not […]