Gloom and Doom? Maybe. I have heard it and felt it before. Allow me to remember…possibly for everyone’s benefit. Remember, I have been doing this since 1977, so I have seen and felt them both before. Take 1979-1980 as an example, and see what happened. In that period Bunker Hunt decided to try to corner […]

Friday is the day we’re supposed to pray for, work to eliminate, or feel sorry for AIDS people, or some such nonsense.  AIDS isn’t like mumps, chicken pox or cancer.  You don’t have to get AIDS.  Everyone can avoid AIDS, by not shooting up with dirty needles, having anal sex, or sex with a carrier […]

If a plane crashes, the airline pays for the damages and loss of life.  If a train runs off the track and causes damages, the railroad pays.  If you have an accident in your car, your insurance pays for the damages. When hurricane Katrina struck New Orleans, and the canals and locks failed, drowning many […]

As an aside, did you notice that Bush is meeting with Al-Maliki in Jordan?  I suppose  Iraq is far too dangerous for the man who made it that way to have a meeting there. How many lives have been saved by air bags?  Damned few.  Maybe 50?  I know that many ears have been ruined […]

Lots of good guys live in Idaho!  I know, because I have a lot of clients there.  Idaho is probably the most “American” of all the states as far as people living there who don’t like strong central government and all that goes with it. They’re finally getting up with Kennesaw, at least in one […]

Ever see the film, “The Bridge on the River Kwai?”  It is a marvelous film, and won many academy awards.  Sir Alec Guinness was superb.  However, it was about 100% false, as a two hour show on the History Channel proved.  People have often accused me of being a racist as far as the Japs […]

Ever hear of “The Seven Sisters,” as they have often been called?  They are Standard Oil of New Jersey, (Esso), Mobil, Gulf, Texaco, Chevron, Royal Dutch, and British Petroleum (BP), several of which have been consolidated into each other.  It is they which control oil prices, not OPEC.  Los Angeles freeways are almost all on […]

It is so obvious…to me anyway…that the stock market is experiencing a huge bubble.  Like myself and a lot of others predicted when the NASDAQ and DOW were bubbling a few years ago, history seems to be repeating itself.  Be warned.  Get out.  Think about the facts, as I mentioned in my current Gold Eagle […]

It’s about time to go into a few ways that markets work, and why. As in the stock market, all items have a “spread.” No, this isn’t peanut butter or peach jam, but a common expression used by traders not only in metals, but in stocks as well. An expression indicating a ’spread’ may be, […]

It continues, of course.  It will continue as long as U.S. troops are there.  Bismarck once said, “It is unworthy of a great state to dispute over something which does not concern its own interests.”  How true.  As the Democrats and Republicans worry over what to do about Iraq, not a single one has said […]