There’s good and bad in everything. There are 2001 Fords that are good, because some little old lady kept it in her garage, drove it seldom, always had it serviced, and never dented it or in any way damaged it. There are 2001 Fords that have been New York taxis, and have a million miles […]

“Rain? What’s that supposed to be? Never heard that word. Water falling from the sky? What, are you nuts? Hey look man, I haven’t the slightest idea of who you are, or this “rain” stuff you are shouting about. Do you have a headache? Have you fallen on your head lately? Rain? Not me.” So […]

That is a very interesting question, and I suspect that a recent client made me think about it more clearly. First of all, the ratios indicate that the current ratio of 58 to 1, will eventually be restored to the historic one of 16 to 1. I see no reason why that should not happen. […]

Believe me, I do have original thoughts. I have them all the time! On occasion, I run across a book, which is so fine, worthwhile, accurate, and timely, that I feel I must quote from it. So I will. The book is new, and titled EMPIRE OF DEBT, by Bill Bonner, and Addison Wiggins. I […]

The S.S. Central America was a beautiful side wheeler, 300 feet long, steam powered with coal, as well as sail, and was jet black. Her decks were scrubbed smooth and shiny, and the deckhouses were naturally finished with marine varnish. She had a red stripe below her deck, which ran along her entire length. When […]

Well now, haven’t prices taken a nice upsurge? Everyone’s at a profit position now, it seems. For some, they have waited a bit too long for this, and are now tempted to take their profits and sell…at a profit of course. Should they? I don’t think so. I don’t say this because of any commissions, […]

Last week, I explained that the so-called ’prosperity’ the economists are braying about, isn’t so. If Joe Six Pack takes his credit card and buys a new TV set, he may be buying a TV set (made in China), which is a purchase, but he is taking on not only that debt, but the interest […]

As the grizzled old man of 2005 comes to an end, and the baby 2006 is born, maybe we should examine what’s happened in 2005, and what to expect in 2006. I cannot predict the immediate future, but I can surely examine the past. The D.C. gang insists that the US economy is rosy. They […]

I sat back and thought about it the other day. What expression do I use more than any other, during my business day. I have decided it is “I dunno.” The reason I use that, is because I do not know! Don’t get me wrong; I love to talk on the phone. I do it […]

Did you ever have an ant farm when you were a kid? If not, let me describe them. They were a sort of aquarium type of thing, with dirt, plants, moisture, rocks, etc, and all sealed up so there would be no escape. There was a colony of ants in this affair, and the kid […]