The In light of the latest un-constitutional “Executive Order,” I may not write much longer! The headline of the order says it all. “Executive Order: Blocking Property of Certain Persons Who Threaten Stabilization Efforts in Iraq.” It says that anyone committing an act or even threatening the “peace and stability of Iraq.” (That was before […]
The housing thing is still collapsing full blast. 926,000 foreclosures in first half of this year, 12 major mortgage brokers gone, plus hundreds of others. I have a client who works for the absolute biggest mortgage outfit in America, Countrywide, and she says it is a zoo. All levels are going into foreclosure, not just […]
Tuesday afternoon, after hours, the phone rang, and an 82 year old man said that someone had told him to call me. He is very wealthy, and has gobs of money in CD/s and actual cash on hand. At least he says so, and he does talk like it. He was a successful businessman, and […]
As a kid, I always loved to play Monopoly. It’s great game for kids to learn, as it teaches basic economics very nicely. I used to play a lot with my cousin Keith, and we used a term when we had to mortgage properties to pay off our opponent. It was, (said it with glee […]
“Well, look how low it’s gone. I’m scared it will go down further.” Or, “Jeez, it’s just sitting there, isn’t it?” For crying out loud, don’t be ridiculous! Exactly one year ago one year back, to the day I am writing this, gold was $607, and silver $11.36. Now silver is $13.80, which means that even […]
The mark of intelligence is the ability to change one’s mind if facts demand it. I think I am intelligent, and what I am about to write, will outrage a lot of you, but I have given this a lot of thought, and as a result believe it to be true. Is the dollar a […]
Ok Guys, I defy you to tell me, “What is a dollar?” You can’t define it? It’s sort of like trying to define a circular stairway without using your hands, I guess. Maybe a dictionary will help? Webster’s New World Dictionary 3rd College Ed. says the dollar is: “The basic monetary unit of the U.S., […]
I wrote about this back in January, but the questions still come to me regularly, so I’ll reiterate it again, with more details. “I’d better get a few small gold coins so that I can barter when the dollar fails.” “I need silver coins so I can trade them for stuff when the dollar fails.” […]
Paper money, over the years, and in all lands, have taken all forms and designs. These designs are universally created to instill trust. Things are no different now than they were when paper was first invented. Paper, printed with impressive designs and engravings, have always been used when the real things (gold and silver) are […]
On June 3, 1963, John Fitzgerald Kennedy, the then President of the United States, issued an Executive Order, which as far as I can see, after a lot of research, is still in effect. Without quoting it, to save time and space, (you can look it up on Google), it basically states that the United […]