We all have “ice boxes,” (refrigerators) as my ancient vocabulary is wont to call them. The antique “ice box,” is now a highly collectible, expensive item when purchased in antique stores, and especially if one is in good condition. For you youngsters, the “ice box”, was a primitive refrigerator. (Us oldsters still call refrigerators ice […]
Suppose everyone in America, bought one single Gold Eagle. Suppose, every single silver futures contract holder, took delivery. Just suppose. The results of this, would be earth shaking. Imagine everyone in the entire world, buying just one single once of gold, and an equal amount of silver. Why not? What would be wrong with earth’s […]
We all gamble a bit in our lives. We gamble when we pick a mate, buy a car, home, or even groceries. Brand name or off brand, when buying food stuffs? Ford or Mercedes? Tall or short, woman or man? All sorts of gambles exist in our lives. The major gambling, which most of us […]
Deflation is all the rage now. Everyone says we’re going to have “deflation,” and I place that in quotes, because of the fact that it is impossible for us to have true “deflation,” now. Lower prices on some things, surely, but not “deflation.” Deflation, means there is a decrease in the currency supply, and inflation, […]
Picture the hunter who is a poor shot. Picture the wounded deer, who has limped off into the woods to lick its wounds. The hunter goofed, and isn’t going to go home with the venison. The deer is mortally wounded, and is doing the best it can to survive. It can’t, but continues licking its […]
Ever run out of gas? It isn’t a pleasant experience. As a matter of fact, it is an inconvenience of heroic proportions. Last time I did it, was on the way to Las Vegas in Sherman, the 1979 Lincoln I wrote about a long time ago, and which I still use on road trips because […]
I give credit for this to Gary K., a client of mine, who wrote this to me, and I changed it very little. Thanks Gary! “What if?” is a good question, and the answer is very simple. Of course it is possible for some entity to manipulate the markets. It isn’t difficult to do, especially […]
The dictionary states that an asset is, “Anything owned that has exchange value. A valuable or desirable thing. Accounting: The entries on a balance sheet showing all the resources of a person or business, as accounts or notes receivable, cash, property, etc.” Interesting, huh? An asset then, can be hundreds and even thousands of things. […]
Why is it that we never seem to learn? Ben Franklin said, “Experience conducts a dear school, but a fool will learn in no other.” Will the writers for Gold Eagle, such as myself, have to go through this all over again, warning readers NOT to buy stocks? One of my best friends is buying […]
It has been said that Jane Austin wrote the same novel seven times. Since she lived 200 years ago, she can be forgiven. (The best screen adaptation by far, of one of her novels, is “Pride and Prejudice,” the 1940 version.) Maybe I write the same column seven times, I don’t know, but like a […]