“I never get tired of illustrating the fall of the dollar.” That was the first line of last week’s column, and what made me remember it, was the fact that I found 100 silver “Walking Liberty” halves, in my safe. I had no idea what they are worth, or how long I have had them, […]
I never get tired of illustrating the fall of the dollar. Many years ago, in Ouray (pronounced you-ray) Colorado, the beautiful Beaumont Hotel, sat empty, and not in good condition. It had been owned for many years by Whelan Phillips, and since I had bought three other historic hotels 32 miles away in Silverton, Colorado, […]
According to a major piece in the Journal for Monday, September 8th, there are “Three alternatives to U.S. Treasuries that give you safety and yield.” Below are the three with my comments and observations for each. Municipal bonds: “Triple-A-rated Munis with 10-year maturities are yielding about 3.2%.” The 3.2% yield, is assuming that the cities […]
Many liberals or Democrats, think that ‘profit’ is evil, un-necessary, and keeps poor people poorer, and makes rich people even richer. There are myriads of reasons many think the word ‘profit’ is foreign, needless, and should be abolished. The current candidate for mayor of New York, Zohran Mamdani, is classic. He thinks the busses and […]
On February 24, 2022, Russia invaded Ukraine, which was an extension of Putin’s previous 2014 fake election, when he took Crimea, with no one objecting. Donald Trump is thirsting for the Nobel Peace Prize, and so far, his actions may give him that prize, but at a cost to innocent Ukraine. Trump seems oblivious to […]