The 61st anniversary of the Jap bombing of Pearl Harbor is Saturday. Fly your flag, and remember the deceit and provocation that caused it, as well as the deaths of over 360,000 Americans in World War Two. In the campaign of 1940, Franklin Delano Roosevelt ran on a re-election platform of no boys going to […]
I am certain that 98% of Gold Eagle readers are parents. Perhaps your kids are grown, or still young, but the principle remains: Keep the kids calm and secure, no matter what is going on outside, or even in the family. I have been through tough times, as have all of you. While the kids […]
As I have mentioned before, the auto craze for zero percent financing is over. New cars, used cars, and every known kind of cars are sitting around waiting for a buyer. Few are showing up. Sales are down double percentage figures for the months of October and November. A disaster is afoot. Think about it. […]
A fellow called me the other day, and expressed surprise about the use of gold as a storage vehicle for wealth. He told me he bought a new Volkswagen in 1966 for $1995, which then was exactly 57 ounce of gold. He recently bought another new VW, and it was still priced at 57 ounces […]
We all have seen a snowball begin at the top of a hill, and begin its downward trek, picking up speed and snow as it proceeds. The larger it gets, and the faster it rolls, the more destructive it becomes. Anything in its path, or at the bottom of the hill, total destruction is the […]
This’ll be a pity party probably, because of the intense grief out there in gold futures land. I haven’t seen gold take a dump of $6 within a couple of hours in many years. Horrible for those of you out there who have invested savings in the gold futures market. The long term prospects for […]
The old game of tossing a hot potato from one to another, because if you held it too long, you’d get burned, applies now. Think about it, and once again compare it to 1924 in Germany, writ much slower. In Germany, the currency was declining in value so fast, that workers were paid two or […]
To Quote Clinton, It depends on what the meaning of ..is.” It really does! If you mean dollar prices going down on certain things means “deflation,” then yes, we have “deflation.” If “inflation” means an increase in the currency supply, which is the correct definition, then we certainly do have “inflation.” Prices in dollars are going […]
I live in, and love Colorado. Colorado depends on tourism for a lot of its income, and in fall and early winter, hunters arrive with their orange jackets, so that other hunters don’t get shot, instead of an elk or deer. Some farmers place orange signs on their livestock that say “COW.” However, not only in […]
I have a few thousand shares of mining stocks, which I bought for pennies each. I guess they have done well, I rarely ever check. People ask me all the time about selling their physical to buy shares. Do shares go up faster than physical gold and silver? I don’t know. Maybe yes, and maybe […]
