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 […]
Businesses are bought and sold every day. Day in and day out, people sell and buy businesses. They may retire, are tired of it, want to try something new, or the competition may be too much for them. Others have decided to work for themselves, and think they can do it profitably. There are franchised […]
If you are of advanced age, as am I, you must remember Jack Benny. Jack’s reputation as a supreme tight wad is unsurpassed. Perhaps the longest laugh he ever got, (on radio) was his answer to a robber, who held a gun on him, and said, “Your money or your life.” His answer, after a […]
In January, of 1980, I bought a new motorcycle. I lived in Phoenix at the time. In January, Phoenix is full of “snowbirds,” who come from northern climes, to bask in the warm weather and sun. Traffic can be really hellish during Phoenix winters, so I decided to buy a motorcycle, to get around quickly. […]
