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. […]
Like most readers of my screed, I am certain that the phrase “China Marts,” has replaced the Wal Mart title of the largest retailer in the world, and deservedly so. It is virtually impossible to buy anything at a Wal Mart, which isn’t made in China. It is said that Wal Mart owns over 700 […]
I sincerely believe that the world has had a belly full of the Islam faith, and is becoming more and more distrustful of it every day. I am well aware of the supposed increasing numbers of adherents, but I think this may soon change, and rightfully so. There are several main religions in the world, […]
It isn’t my purpose to tell anyone to sell their home, move, rent, leave the country, or do anything. I am merely stating the facts as I see them, and you can do with them as you please, just as you would do if oncoming clouds threaten a storm. Maybe the storm will pass. Maybe […]