“Then,” in this case, really isn’t that far back.  If you speak of “Then” usually, it may be a hundred or hundreds of years ago, and maybe even Biblical times.  Let’s make it, say 87 years ago, or 1932, and ‘now,’ being the current date.  In 1932, it was common for people to carry gold […]

The current craze for cryptic money, such as Bit-Coin and others, which are backed by nothing, and supposedly are free from government interference.  Gold and silver are free from that too, but have historical real value.  I understand that Facebook and Amazon are considering issuing cryptic coins also.  But I have one which beats them […]

The current ‘green’ idea, is to tax the richest for about everything they have, and of course, to be really ‘green,’ we must kill all the cows, airplanes, power plants which burn natural gas, or coal, and on it goes.  Then there is another idea, but let’s stick with taxing the rich, because they ‘have […]

‘Stability,’ is a simply gorgeous idea, in all fields and endeavors.  A stable building with a stable foundation, a stable marriage, and of course stable money, which brings me to a Journal (Wall Street) piece of April 22nd, where economist Judy Shelton argues for a virtual gold backed currency, which would of course make any […]

There are many types of “Fakes” and “Fakery,” in the world today, and for that matter, throughout history.  I’ve been through fake money many times, which are un-backed paper currencies as seen throughout the world since paper and the printing press were invented. The cure for that, is real money in the form of silver […]

There are many types of security.  Security of your home and car with locks and alarm systems and a ‘Homeowner’s’ insurance policy as examples.  There is, as I mentioned last week, the FDIC which insures your bank account, even though it has no reserves, it has access to the printing press, which will give a […]

There are many companies which sell insurance.  Insurance for your car, home, or any possible liability you may incur.  Insurance companies are rigidly regulated by governments at federal, state and even locally in some cases.  Insurance companies must prove that they have assets to cover claims, and even huge claims resulting from fires, earthquakes, fraud, […]

There was a period in American history, when there was no central bank.  The first one was just after the Revolution, followed by the second one, which lasted till President Jackson vetoed it, after the Congress voted for it. Thanks ‘Old Hickory!’  So, from 1832 till December 22, 1913, or fifty one glorious years, America […]

There was a first, second, and the current Federal Reserve.  The second was called, “The President, Directors, and Company of the Bank of the United States.”  It was chartered by James Madison in 1816, for a 20 year life, and was supposed to expire in 1836.  The bank was a private corporation which handled all […]

The “Morgan” silver dollar contains .7874 oz of pure silver, was minted from 1878 to 1904, and again in 1921.  It’s a beautiful coin, designed by George T. Morgan, a Brit, who was only 30 at the time, but who eventually became the U.S. Mint’s Assistant Engraver.  The obverse has the face of a woman, […]