Statistics are from a column I wrote January 8, 2002 I must have done a bit of research back in 2002, but here was the cost of gold in reichsmarks in those years after WWI. Glad you didn’t save in reichsmarks? Gold then was $20.67 an ounce, and today over $1700, meaning, it has gone […]
Statistics are from a column I wrote January 8, 2002 I must have done a bit of research back in 2002, but here was the cost of gold in reichsmarks in those years after WWI. Glad you didn’t save in reichsmarks? Gold then was $20.67 an ounce, and today over $1700, meaning, it has gone […]
I have written close to 2,000 columns. I have been sifting through many of them from 2010. Here’s one, dated April 15, 2010, edited a bit. Hope you like it. (Note that the national debt 11 years ago, was close to $13 trillion, and now it’s over $28 trillion.) “look at us. We have debts, […]
On August 18, 2008, the name “Bitcoin” was registered. When I wrote about it last, there were over 1,000 ‘crypto’ (meaning fake) coins of all names and promises being produced, probably in many garages or basements, by those who would attempt to become rich by producing crypto coins costing a few cents each to make, […]
Interesting piece from a little know mining journal – Why Gold and Silver? March 01, 2021 Dave Kranzler Mining Stock Journal To paraphrase JP Morgan’s (the man) 1912 testimony to Congress: “Gold is money, everything else is credit.” JP Morgan, 1912 The question you’ll need to answer for yourself is “what alternatives are there […]
What is “value?” My dictionary has 13 definitions, but I’ll take the first one: “A fair or proper equivalent in money, commodities, etc., especially for something sold or exchanged.” Gold and silver are what my kids deal with, so I first checked the cost of mining gold and silver, and it’s obviously lower than the […]
Yes I can write, but the following just needs to be forwarded. I have a list of about 80 I send stuff such as this daily. If you’re a customer of Colorado Gold, I’d be glad to add your name to the list. E-mail me if you wish to be added – Don Here's how […]
"A smart friend of mine who is a moderate liberal asked why I was not recognizing Joe Biden’s victory. The friend made the case that Biden had gotten more votes, and historically we recognize the person with the most votes. Normally, we accept the outcome of elections just as we accept the outcomes of sporting […]
What didn’t happen all at once? Actually, the same thing happened and still happens all around the world, but not all at once. What? The decline and eventual going to absolute zero, of the value of un-backed paper currencies. The German Reichsmark is the one most famous, and it did indeed go to a hilarious […]
My toll-free number is a thing of the past. After dealing with two phone companies, I discover that my toll-free number doesn’t belong to me but to a company called Lumen, which is impossible to deal with, so in the unlikely event than anyone wants to contact me, from now on it is 1-970-249-4646. Saves […]