I live 65 miles from one of the most exclusive mountain resorts in America, and that is Telluride. Telluride, where the rich and famous build multi-million dollar homes with spectacular views, and sometimes occupy them for a mere two or three weeks a year. Telluride, where the bloom was never going to fade, and where […]
Of all the sacrosanct, everyone bow down and worship; the Dow 30 Industrials, are the stocks that set the trend for the stock market in America. All want to know “What the Dow did today,” or “Did the Dow go up today?” The “Dow,” is the benchmark of stock measurements. There are but 30 in […]
Aren’t you a bit weary of the Scott Peterson case? Who cares? Did Kobe Bryant rape a piece of trash? Who cares? On it goes, day after day. Meanwhile, the media supports all the wrong things and doesn’t report the correct, meaningful things. As an example, did you know that 292 towns and cities have […]
1857 was a year to remember in America. It began with a “run on a bank,” which must be explained, as it can happen tomorrow, if the right circumstances occur. A “run on the bank,” means that depositors become suspicious of the bank’s solvency, and seemingly all at once, go to the bank to draw […]
We all look at prices of things every day. Be it eggs, which have doubled in price in my local grocery store in the last few months; gasoline, which has gone up in dollars recently, or every other thing we purchase for life’s needs or luxury. Price is determined by supply, as well as cost […]
Inflation is an increase in the supply of “money,” which causes prices to go up in a currency, this case being dollars. Deflation, is a decrease in the currency supply, causing a decrease in prices, in this case, dollars. Sounds simple? It is, except we are soon going to be faced with a combination of […]
I always seem to be different, and I can’t help it. Being an only child Aquarian, (if you go for astrology), maybe that’s par for the course. I always seem to disagree with the mob on CNBC, Wall Street Journal, and Barons. I seem currently to be at odds with the crowning masters of advice. […]
We all know that Stott’s law is a truism, and that the more of anything there are, the less they will be worth. This means that inflation has to happen, and of course is happening, regardless of that the goons in DC say. (Inflation is perhaps 12-15%, but DC says it is now 2.5%) Commodities […]
I have a column already written, but am not going to send it in till next week, because the sudden price drop needs comments. First of all, I want to call your attention to the article written on Gold Eagle, and which can still be read by clicking on “Editorials” on this site. Go down […]
After returning from a trip to Carlsbad Caverns last weekend, I went to the “quarter” car wash, and discovered it had gone from $1.50 to $2 a 25% increase. Asking the owner why, he answered that everything from electricity, water, detergent, wax, property tax, and insurance has gone up. Not just a little, but a lot. […]