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 […]

So far, I can get it for my clients. The Mint is supposedly out, as are the US reserves. China supposedly inserted 61 million ounces into the market last year, but that is hardly enough to satisfy the demand. If one looks at the ratio between gold and silver, it is now over 72 to […]

Ever try to deflate a bubble?  It is absolutely impossible.  Bubbles have to burst.  Is there any question that the stock market bubble, real estate bubble, and bubbles of all sorts and descriptions, have inflated beyond their logical size?  Can anyone argue the point?  In places, the bubbles continue to inflate, and in my favorite […]

In three previous pieces, (click at bottom of this to access them) I discussed the distinct possibility of the housing market taking a deep plunge because of heavy layoffs and consequential inability to pay mortgages, as well as having been overbuilt, over-financed, and over-priced. It has begun in all locations, with some being more serious […]

We all know about the hundreds of billions (literally) in credit card debt. It is frightening, but true. Imagine a picture of those who have this debt. They must keep up the impression of wealth. They must have great cars, new clothes, a wonderful home, and eat at nice restaurants. What if they don’t make […]

Safety is important to all of us. I happen to live in a small town because I love the atmosphere, the weather, close proximity to America’s most rugged mountain range, and because it is a safe place to live. New York is famous for multitudinous locks on apartment doors. Traffic, pollution, crime, homeless vagabonds, graffiti, […]

Or it can be a pebble in a shoe.  Ever go on a hike, and have a stone in your shoe?  You have to stop and get it out, or you will end up with a very sore foot.  Ever try to ride a horse with a burr under its saddle?  He can’t be ridden […]