Kiss? As with lips? Of course not. KISS means “Keep It Simple, Stupid.” How I wish America had done it. Article I, Section 10, of the Constitution of the United States, reads in part, that “No State shall make any Thing but gold and silver Coin a Tender in Payment of Debts.” If only the Founders […]
Ever hear the phrase, “famous last words?” You know, “This is the safest most un-sinkable ship ever built,” as the Titanic steamed towards America, or “Firestone tires are the best in the world.” How about “The Riggs National Bank, has been a pillar of honesty and dependability for a hundred years,” (if you live in […]
Picture this: A guy drives into a gas station with his new Mercedes, and fills the tank with gas. He then checks his oil, and discovers it’s a quart low. He goes into the station, and asks what kind of oil they carry. “Well, we’ve got Quaker State and Pennzoil for $2 a quart, and […]
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, […]
