I have never met Richard Russell, but I have been reading him since 1977, when I first began doing this. He’s possibly the most accurate prognosticator of markets I have ever had the pleasure of reading. He isn’t cheap. $250 for 17 letters, but then you can latch on to his daily commentary on the […]
A few years ago, I was rummaging through a used book-store in Phoenix, and I came across a very interesting book, whose title is, “Barnes Federal Code.” The sub-title is, “Containing all federal statutes of general and public nature now in force.” The book has 2831 pages, of which 318 are an index. The first […]
In my column last Friday on my web site, (click on Don’s Column), I hypothecated that the hurricane might trigger a terrible situation in America, and could possibly be the beginning of a collapse. Over Labor Day, the wife and I traveled to Silverton with our new (used, old, cheap, but works fine) motor home, […]
I’ll admit it. I have gone into Las Vegas casinos, and inserted a hundred-dollar bill into a slot machine. One time I did it, and the first pull got me $1,000. I took the dough and walked away. Having lost more than I have won, I, long ago have kept away from Las Vegas gambling […]
Last week I took California to the cleaners, and spared nothing. I got not a single objection from anyone, but rather a few e-mails from Californians who agreed. Perusing my library, I came across a book, which I had bought and read way back in 1998. This, of course, was before the stock market melt-down, […]
I know, I am picking on one state, and I should leave it alone. Except is seems the most logical candidate for a melt-down. I could pick Boston, New York, Washington D.C., or Atlanta, but California has all of the ingredients to me which could precipitate an economic disaster. I am not trying to pick on it, […]
A fellow called me this morning and asked me, “How long can this go on?” My answer? I don’t know, but it has gone on as long as it has, as opposed to the German and France collapses, because of huge amounts of credit. I mean credit, the likes of which couldn’t even be comprehended […]
Just about, any way, when a currency is inflated. Let’s go back a few years. To April 1790, as a matter of fact, in France. It was then that the first issue of 400 million paper livres or assignats was issued. This paid the government’s bills, and it was proclaimed that all was well. By […]
Locally, our country fair is on, and the wife and I went last evening. We watched the pigs, goats, ducks, chickens, produce, flowers, and sheep get judged and awarded their respective ribbons. We even bought a shower head that filters out the chlorine supposedly. (Important. See Don’s Column for Friday) As the sheep went bah, bah, […]
’Hey Don, will gold be lower tomorrow?” Who knows? A lot of people seem to think they do, and this is really a sad state of affairs. Stock brokers are widely known to predict prices to make a sale. “Better buy today Mabel, as this stock will shoot up tomorrow,” might be typical of a stock […]