“Only a Dead Fish Goes With The Flow,” reads a local sign promoting something or other in the financial sector. The outfit is urging you not to go with the flow, or what everyone else does, and go with them, who I am certain, does what the rest does, and that is go with the […]
That’s part of a headline in last Thursday’s Journal. The rest of the headline is, “and Make the Dollar Stable Again.” That would be nice; to make the dollar stable again, wouldn’t it? A sentence in the first paragraph reads, “The gold standard won’t work for the 21st century monetary and financial system.” I looked […]
The National Debt is over $22 trillion, correct? Not counting $200 trillion pledged in the future for Medicaid, Medicare, Food Stamps, etc. All impossible to be repaid, other than with ‘Monopoly Money,’ which is what the dollar is anyway, to be truthful. If you do not remember, go back a couple of columns and check […]
The world is chock full of what I call, “Calamity Howlers.” I’ve mentioned the ‘ozone hole,’ which calamity howlers decided that if we didn’t change all our refrigeration from one kind of Freon to another Freon, the world would surely end. The white robed, ‘scientists,’ did a superb job of fake news, and America spent […]
Three things of note as I see it. The first – 91 – is the simple fact that 91% of everything Walmart sells, with the exception of groceries, is made in China. Walmart has commissioned a new, sleek, container ship that holds 15,000 containers, and can cross the Pacific in five days, as opposed to […]
As money is a medium of exchange, it must therefore have a unit of measure, and a store of value. It should be durable, exchangeable, divisible, have a store of value, scarce, portable, and universally acceptable. Gold has always been valuable, and has all of the previous needed characteristics. The dollar and all other currencies […]
I am not a braggadocio, but I do have what I call ‘original thoughts.’ I built America’s first non-smoking restaurant in Phoenix in the late 1970’s (The 1895 House), America’s first non-smoking hotel in 1982 (The Alma House) in Silverton Colorado, started a chain of ten ice cream parlours (Bijou Iced Crème Parlours) in Philadelphia, […]
As of Friday, June 7, 2019, the gold-silver ratio was close to 89 to one. Historically, the ratio has been 16 to 1. 90 years ago, gold was $20.67 an ounce, and silver was $1.25, or close to 16 to 1. In the year 1980, the ratio was 16 to 1, but that was when […]
Hi Don, I have purchased from you in the past from Melissa when I lived in ……. Currently I am building my cash (which as you know is almost like money) supply to deploy when our next Republican recession hits. History tells me that there is a high probability that it will occur before 2020 based […]
“Prices were so low years ago, I’d like to return to them,” might be a current complaint, and about everything, not just gold and silver. Before we go any further, we must realize that the gold-silver ratio is way out of whack, and has been so for several years. As of Sunday when I am […]