Remember little pip-squeak Ross Perot? I voted for him. Lots of us did. I also voted for George Wallace and Barry Goldwater, if you want to know my real feelings! At any rate, Ross used to speak about a ’giant sucking sound,” referring to NAFTA, and he was correct…for a little while anyway. The Chinese […]

All the news about a potential silver ETF, has everyone all excited, and I can understand why. Because in order for this thing to get going, take your Social Security Number, and supposedly have enough silver for all shares, it will be necessary for them to purchase silver. Some say 130 million ounces and some […]

You all remember the Gong Show, don’t you? These hideous, untalented goofs, would perform until they were ’gonged,’ and taken off the stage. In Vaudeville days, the so-called ’stage hook’ supposedly came out from the wings and hooked the performer off the stage, if he was untalented enough, much to the mirth of the audience. […]

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 […]