The majority of votes elects a President. Sort of, anyway, but the electoral college is another subject. Nevertheless, it is a majority of voters which will elect a Congressman, Mayor, Councilman, Senator, Governor, or what have you. The so-called ’democratic’ method of government, which America is not supposed to be, means that a majority of […]
In my Kiwanis Club, are a couple of bankers. At one of my last programs, I, as usual, was speaking about precious metals. The question was asked, “Do gold or silver pay any interest?” The answer, of course, had to be “No.” I then asked the questioner and audience in general, “Does your home pay […]
While I don’t own any stocks of any kind, I do keep up with the market. I watch it every day with great amusement. Not precious metals stocks, but stocks in general. I know all about P/E ratios, and what is a good buy. I subscribe to Richard Russell’s Dow Theory Letters, even though I […]
I am writing this on Bastille Day, so a bit of French History, if you please. History does repeat itself, with variations. For several hundred years, the French used the livre as a currency. It may, or may not have been backed by gold, but since all of France was owned by the Catholic Church […]
That’s an old religious saying, or is it a song? I don’t know, but patience and fortitude, is what it takes to survive in these times. People ask me, “Why haven’t silver and gold gone up?” I don’t know, because all the signs are there. “How long can this stuff be manipulated?” I don’t know, […]
Most do. It’s secured by what is most people’s most important and most expensive investment, and that is a home. Most mortgages are for long periods of time, and have a secured interest rate, which will not change. Most also, have refinanced their mortgages to a point where they may be lower than 6% interest. […]
Gold is the first, and most frequently mentioned metal in the Bible, as at Genesis 2:11. From the beginning, it has been a noble metal, highly valued for its weight, rarity, durable non-tarnishing luster, shimmering beauty, ductility, and malleability. A number of Old Testament Hebrew terms refer to gold, such as zahav, charuts, kethem, paz, […]
As the war in Iraq continues, with more kidnappings and beheadings, isn’t it time to think about November, and who got us into it? It wasn’t Bush, in his determination to get even for his daddy. Nor was 156 Representatives and 23 Senators who didn’t do it, by voting not to give the President his […]
“In our view, gold is nothing more than a commodity. There will be times that gold outperforms other investments due to supply-demand imbalances that drive its price up. As an inflation hedge, gold has been replaced by more effective financial instruments. Alternatives to gold are short-term Treasury certificates or money market accounts that will benefit […]
I remember when bottled water first came on the mass market for 65 cents, and I was outraged, as it was more expensive than gasoline. Still, people bought it. Now it is $2.00 for a bottle in places! Would I pay $2.00 for a bottle of water? Hell no, but millions are. What is wrong […]