I really don’t have much to add about AG or silver, except as of Friday, and the last few years, it has been a bargain, since its price isn’t much above what it costs to mine. The ‘spot’ price of gold and silver, are the prices miners get for the ore they mine, but that […]
I won’t forget the night Bonnie and I, and another couple, went to a concert in a neighboring town, and when the concert was over, the car radio was turned on, and we were all so excited that Donald Trump was to be our next President. He was, and he did marvelous things for the […]
Silver has often been called “Poor Man’s Gold,” and for a logical reason. Both are real money throughout history, and both, in all civilizations, and both have required much effort and capitalization to produce, not counting the possibility of their ores eventually being exhausted. Both make great insurance against the inflation. Inflation caused by endless […]
Pension, no? When you retired, after decades of work and devotion to the firm you virtually gave your life to, and now can spend your time fishing, vacationing, and taking your ease, I say, NO? I’ve done a bit of research on this, and here’s the prices of stuff in 1962, which, had I retired […]
Ever wonder about the Nobel Prize? Alfred Nobel was the discoverer of dynamite, and it made him a fortune. Such a fortune, that when he died in 1896, his will specified that interest and investments from his entire life’s savings, be awarded yearly, to many outstanding individuals, in several professions. Many shared the award […]
It’s an imaginary conversation, but it could easily happen between Colorado Gold and one of the many tens of thousands of financial advisors. Here’s how it could go Colorado Gold: (CG) “Why don’t you advise your customers to get gold and silver?” Financial advisor (FA) “I don’t know anything about them, and I can’t make […]
It’s on most of the news shows, and especially the business shows. The goal of the Federal Reserve, is to obtain a ‘normal’ inflation rate of 2%. Naturally, the Fed never tells the truth, and neither does the Federal Government., which the Fed is supposedly not a part of. Another lie. As an example, if […]
I looked up the question, “How many federal agencies and bureaucracies are there?” The answer is that the number is “approximately 2,000,” but no one has ever been able to count them. The federal government, is the largest employer in the United States, and between the federal, state, county, and city governments, the figure must […]
-Don’s Column, Don’s Opinions… “We have too many poor people, let’s help them out.” “We need free schools, so everyone can have a good education.” “Health care costs too much, and so many people can’t afford it. Let’s make it affordable.” “That nation is threatening us. Let’s go to war, defeat them, and make them […]
I didn’t write it. But it was front page in the business section of the Wall Street Journal on August 8th. It’s so obvious, that I don’t have to add an additional word, but will quote, word for word, from parts of the lengthy story. “Joe Susanno lost thousands of dollars from his retirement account, […]
