On December 23, 1667, a 14.717 acre Island in New York Harbor was sold to Isaac Bedloe. In 1732, his estate sold it to the U.S. Government for an undisclosed price. The island had always been called “Oyster Island,” due to the huge number of oyster beds surrounding it. It was named “Bedloe’s Island” […]
On and on it goes: It’s not difficult to find a site on the internet which will groan and swear that the U.S. economy and dollar is trash, and within a few weeks or months, it’ll all be over. As a WWII general (McAuliffe) replied, when asked to give up and surrender, he gave a […]
On June 17, 1930, President Herbert Hoover signed into law, the Smoot-Hawley tariff, which raised import duties an average of 59% on more than 25,000 agricultural commodities and manufactured goods. Remember, a year earlier, the Great Depression began with the stock market crashing, and huge amounts of unemployment. The market crashed again when Smoot-Hawley began, […]
There was supposed to be a GCR (global currency reset) within a few days, and it was supposed to begin last Friday! The dollar index was going to drop a hundred points, and eventually lose 50% of its value. And redemption centers would open so you could get the new money, etc. That’s not all. […]
The Argentina peso currently is 1.7 cents to the dollar, a fraction of most of its former value over the years. Argentines use the peso for so called ‘basic transactions,’ still, but the dollar is the real value, and people store them under mattresses and in savings accounts. The Argentina problem began with former dictator […]
The current question it seems, is if we will go to war with Iran, which is so dumb as to wonder if there is any sanity in that capital of insanity, Washington D.C. The following are quotes from a book I wrote over 30 years ago, and have had re-printed four times, titled, “I Hold […]
The dollar bill has been written and produced by various entities over the years, but especially by railroads in the mid 1800’s. A ‘dollar bill’ back in the days when many steam locomotives burned wood rather than coal, and before the War Between the States, had many values. In many states during this period, almost […]
The word “crypto” in the dictionary means: ‘hidden’ or ‘secret.’ The prefix crypto as attached to crypto-currencies, means they are ‘hidden’ or ‘secret.’ Is Bit-coin a secret? I doubt it, and as far as crypto-currencies are concerned, there are over 1600 of them and more are devised every day. No secret there either. How does […]
The media is all atwitter over President Trump’s flirting with a trillion dollar increase in the national debt in just one year. Admittedly, a trillion buck debt is virtually unfathomable, it is so huge. However, a huge part of that increased debt is from rebuilding the military, which Obama handily reduced and abused. If Trump […]
“Well, suppose they confiscate my gold just like Roosevelt did 75 years ago?” If I have heard that once, I must have heard it a hundred times. Did Roosevelt confiscate everyone’s gold back in 1933? If he did, how come there’s still a lot of it for sale in a thousand coin shops and numismatic […]