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, […]
As you may already know, I was in the theatre business for 11 years and had 6 theatres. It was great fun, and I’d like to have a dollar for every hour I spent on a projection booth. Things have changed radically since then, and the booth no longer has two projectors with carbon arc […]
As you may have read in my Gold Eagle Columns, I am not crazy about buying silver in bags of U.S. pre-1965 dimes, quarters and halves. It is, admittedly the cheapest way to buy silver, often as much as 20 cents below spot. This morning, as I write this, bags are selling silver at 22 […]
I hear it all the time, and it’s true. “The trouble with your gold and silver is that they pay no interest.” (Of course silver went up 69% last year, and gold went up 28%, but admittedly it paid no interest.) No cash flow, in other words. Look guys, I deal with a lot of […]
All bubbles have to break, might be a simple truism. The housing bubble had to break, and the stock market bubble as well. For some strange reason, the metals followed the stocks, and it was a great buying opportunity. Has it reached the low in metals? No one knows. Has it reached the bottom in […]
The Canadians had a sort of prohibition of their own, but they weren’t about to lose sight of quick profits. Lots of distilleries were conveniently built on the shores of the Detroit River in Windsor, Ontario. The wise Canadians, and especially the Bronfmans, got a law passed which allowed the manufacture of whiskey, “for export […]
The mess at Las Vegas after the big basketball game (The press kept it hushed up), made it pretty obvious that all the uncivilized blacks with bad manners, and lots of dollars and gold chains must have gotten their wealth by dealing in drugs. That’s my assumption anyway, and it made me think about prohibition. […]
There must be something wrong with free trade, because it’s all the rage around D.C. Bush and all the D.C. Gang love free trade. It’s as if it is the milk of life and human kindness have all been placed in one wonderful jug for us all to imbibe. Free trade is so glorious and […]