I take all types of risks every day, as do you, the reader. Life is full of risks and there is even a field of an endeavor called “Risk Management.” I risk my safety when I go out in my car that some reckless or drunk driver won’t crash into me. I take a risk […]
Maybe what’s ever so fascinating about our business, is all the different ways our universal insurance can be held. I’ve always said that silver takes up so much space compared to gold, that maybe it should not be considered. Then, I thought about all the silver I own, and the various sizes in which silver […]
In 1893, the U.S. Treasury decided not to renew the “Sherman Silver Purchase Act,” which was a promise to buy 4.5 million ounces of silver each month from U.S. mines. Since most of it came from Colorado mines, which gold ore also has silver in it, it became an unmitigated disaster. Hundreds of mines closed, […]
Ever wonder why gold is so much more expensive than silver? Gold is virtually indestructible, since a thousand year old gold coin, can be plucked out of the ocean, and it will look exactly like it did a thousand years previously. Gold will not tarnish, and all the gold ever mined, is probably still in […]
