As a precious metals broker for close to 24 years, I almost daily get questioned as to which precious metal is the most desirable, or prudent one in which to invest. Both have definite advantages, and both are wonderful. To have one’s surplus assets in a safe, accessible place, where they can be seen, touched, […]
We all wonder what would happen if certain things take place, just as we wonder what our life would be like if we had done so and so, married that gal we still think about occasionally, or had bought IBM 50 years ago. It is fun to imagine the world if Chamberlain hadn’t come back […]
All readers of GOLD-EAGLE know, I hope, that inflation is caused by increasing the supply of “money,” regardless of what form it may take. I must use “money” in quotes, because current “money” isn’t money at all, as it has no value other than as legal tender, meaning we are forced to use it to […]
We all remember the tale of the weaver who made a wonderful cloth which was invisible to one of royal birth or of the nobility. All the others of common status, naturally could see the cloth, and if the Emperor wore his new suit, no one would think him to be naked. He wore his […]
Silly comparison? I think not. First, let’s look at “electricity.” Consider electricity on the left coast especially, and that is California. For years, California regulated electricity to the ultimate degree. No new plants could be built because of absurd “environmental” rules and other artificial heavy baggage. Rates were controlled, as was every facet of the […]
I honestly wish I could agree with the P.C. (non-Austrian) “economists,” who today seem to believe that we are dependent upon Japan! This is about as true as saying that we are dependent on blood sucking welfare recipients for our economic health. Look at the facts, and first of all go back to 1945. When […]
Those of us with a bit of age on us well remember the Standard Oil commercials with the tiger urging us all to “put a tiger in our tank,” meaning of course, that the gas sold by them was powerful, and similar to placing a huge beast in your gas tank. I remember even getting […]
If all the roads were closed, should you sell your Chevy and buy a Ford? If there is a food shortage, should you buy new silver service? If the stock market tanks should you buy bonds? In other words is a so called “flight to safety” selling your Chrysler and buying Treasuries? I say a […]
Is there a shortage of Model A Fords? No. Is there a shortage of housing? No. Is there a shortage of anything that is available for a price which the “market” dictates? No, and that is the basic fact of supply and demand. Unless there is a government control of prices or supplies, there can […]
The power to tax involves the power to destroy.” Chief Justice John Marshall The income tax was begun in 1913 as an amendment to the Constitution, legally ratified by far fewer than the required 36 states. Is it legal? A bit of theft from the extremely rich, which politicians even then had decided, ’didn’t need […]
