Over the years, I’ve always suggested saving in tangible silver and gold. I’ve done it myself, and have never had a savings account or IRA. Using the ‘technical charts’ on the web site, it is easy to see why. I did it before the charts and still do, because it simply makes sense not to […]
Over the years, I have had a few calls such as the one I received Friday, from the son of a deceased customer of mine. I think he must have been maybe 60. I didn’t ask, but his Dad had died recently, younger than me, and the son had all he old man’s gold and […]
Most have never heard of barter during the Great Depression, but I am certain it did happen many times. Unemployment was 25%, jobs were virtually impossible to obtain, and hundreds of the unemployed were selling apples on street corners for a nickel, or doing anything imaginable to obtain a few coins to buy a meal. […]
(Last week’s first story about Wirecard: CEO resigned and company went bankrupt.) Pity stockholders who bought when advisors said it was ‘hot.’ I watch looters break into stores, and always think to myself about all the intelligence, inventiveness, capital, effort, risk, and hard work they are destroying with impunity. The intelligence it required to invent, […]
That’s the headline in a front-page story in Friday’s Journal (6/19/20). The first paragraph reads: “Wirecard AG, one of Europe’s biggest and fastest growing fintech companies, said auditors can’t locate more than $2.1 billion of its cash. The disclosure shook investors, and the company’s shares dropped by nearly two thirds, wiping out $9 billion in […]
I believe the normal human trend, is to associate with your own race, language, trade, religion, etc. I have a next-door neighbor who is a third my age, rents his house, has a motorcycle, and naturally, since he rents rather than owns, his yard is a shambles. I don’t even know his name, so I […]
By Don Stott 6/7/2020 This column will be direct quotes from two books and a song, plus my comments. From the book “The War on Cops.” “The charge of systemic police bias was wrong during the Obama years and remains so today. However sickening the video of Floyd’s arrest, (murder- Don) it isn’t representative of […]
Left white and black U.S. citizens, and even sympathizers in other parts of the world, are ‘protesting.’ Violence, police cars incinerated, stores looted, screaming, violence, and law breaking everywhere. All because it seems that wholesale, mass, violent, ‘protests’ need to be made. Of what are the protesters protesting? Dead George Floyd and the brutal white cop […]
The world seems to be economically shattering. As an example, Argentina, the third biggest economy in South America, has just, for the ninth time in its history, defaulted on an interest payment, this time of $500 million. Like all corporate and national defaults, Argentina is attempting to ‘restructure’ its debts. Guess who loaned them the […]
”Barnes Federal Code,” published by Bobbs-Merrill Co. in 1919, is a book I found in a used book store many years ago. A sub heading of the title says: “Containing all Federal Statues of General and Public Nature Now in Force.” The book has 2512 pages, is bound in leather, and contains, literally, all federal […]