We’ve seen how the prices have gone up over the years, which merely means that the dollar has been inflated, or its quantity increased. Why? To pay the bills the politicians have run up to make themselves popular and get re-elected. Not our fault. As the dollar lost value, the citizens had wage increases to […]

Last week, I mentioned that under FDR, to me, our worst President outside of Lincoln, Johnson, and most of them during the last hundred years I suspect, the welfare system got into gear, which debased the buck tremendously, and still does, but at an ever-increasing rate. When a roller-coaster begins its downhill run, it is […]

First of all, I have no use for rare coins, but not because they aren’t collectible or beautiful, but because they are not a good investment. Coin shops work just like every other business. They have rent to pay, advertising, employees, and need a return on their capital invested for stock. My wife went to […]

There are a lot of things in life, that are our fault, and ours alone. We get ourselves into hopeless debt, do stupid things behind the wheel of a car, drink too much, do drugs, smoke, or a host of other damned stupid things humans are wont to do, and usually regret afterwards. Last week, […]

There was a little suggestion in a “Daily Reckoning,” last week, that all may not be as well as one thought, if certain things happen. Papers can get mixed up, computers fail, and all sorts of ugly things can happen. Take the all too common “identity theft” plague, which some of us have experienced. Innocent […]

Everyone wants to ’make money,’ as far as I can see. It’s a universal pastime and goal. The question I have, is how does one make money? Can you make money by starting a business? Some can, but most new restaurants fail within the first year, unless they are a franchise. Franchises seem to do […]

I have finally figured it out. Eureka! I now think I know why perhaps less than 1% of people are protecting themselves with gold and silver. They know that gold and silver are beautiful, and their very own jewelry is made of them, but they just don’t understand economics for one, but there is another […]

I was going to write about something else, but this is all important!  Today, Thursday, 3/8/07, a client FEDEXed me a package with fully negotiable notes in it valued at $14,000.  According to the tracking number, it was delivered at 9:40AM and left at my door.  I never got it.  I have two little dogs […]

Now for something completely different! This is about China’s bubble in stocks, similar to the U.S. 1929 bust, and even the 2001 one. Did the bursting of the China bubble have an effect on the rest of the world’s stocks? Maybe yes, and maybe no, but I think it did precipitate it. Chinese stocks went […]

The Ku Klux Klan was formed after the War Between the States, (Lincoln’s War), when Northern carpetbaggers and scalawags invaded the defeated South, and tried to further wreck it.  They almost succeeded.  Laws were abolished, homes invaded, and citizens were killed just for being white.  Negroes were appointed to office who couldn’t read or write, […]