We hear that constantly, and when I began doing precious metals in November of 1977, I heard it then also. True, it doesn’t pay any interest. Neither does silver, nor your home, car, lawn mower, watch, furniture, clothes, computer, furnace, tools, or food in your refrigerator or in cans on a shelf. Those things are […]
1964 was a long time ago, when the U.S. Mint stopped making 90% silver dimes, quarters, and halves. In 1964, a silver dime would buy 10 cents worth of something, a silver quarter would buy a quarters’ worth of something, and a half dollar would buy fifty cents worth of something. In my Dad’s drug […]
It was a long time ago, and maybe even before a lot of you readers were born, but I remember it well. After removing his shoe and pounding it on the table (At the United Nations), the news media quoted him as saying, “We’ll bury you,” but the entire quote was missing, and here it […]
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 […]