There are some statistics, which are absolutely frightening, and currently the employment ones fill that bill handily. Never having had a job, I cannot imagine being fired. The utter desolation and helplessness of being fired, must be all-consuming. Imagine a typical American bread-winner, with mortgage payments, car payments, credit card debt, kids and wife to […]
“Hey man, why should I buy gold or silver? I can’t spend it, can I?” Oh yes, we have all heard that one, and it is a truly legitimate question, which needs to be answered. Well why don’t you? I will, and he did. While it is true that gold and silver have been real […]
I am friends with a really smart, great guy. He has a wonderful job, fine home with a delightful pool, nice cars, and is a really nice fellow. He told his wife the other day, when she tried to get him to buy some gold, that “I DON’T NEED GOLD, I HAVE CASH!” I am […]
Did you ever stop to think how many people make a living from ’advising’ others? Take your car into a dealership, and the service manager will advise you how to get it fixed. Go to a doctor to get advised, or to a health food store for advice. Weight losers are subject to untold advice, […]
As the years passed, there seemed to be a real problem in the kingdom of the United States of America. Everything seemed to be going wrong. Prices kept going up, with the Emperor’s economists wrongly blaming the greedy shopkeeps and manufacturers. The schools weren’t doing too well either, with most graduates not being able to […]
Once upon a time, during the period from about 1910 to 2010, in a wonderful land known as the United States of America, there came about a series of emperors, whose job it was to make everyone feel comfortable and prosperous. Unlike other fairy tales, these emperors were elected, after the emperors proclaimed glorious futures […]
As we were driving to and from Dallas a few days ago, I couldn’t resist taking the old US 66 when possible. It is striking to see how dependent businesses are on highway travel. (I have always thought that the damnable interstate highway system has caused ruin and loss of jobs to millions). The abandoned […]
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, […]