In 1859, ten years after the gold rush of California, a group of poverty ridden but determined prospectors, were gathered around Sun Mountain in Nevada, trying to uncover a supposed great silver strike uncovered by Ethan and Hosea Grosch. Unfortunately, the Grosch brothers had died, and left no trace or identifying landmark of their find. […]
In the world today, most nations have a little bit of gold, and for that matter a lot of people have a little bit of gold. Who has the most, and who buys the most, is an interesting thing to make note of, since gold is historic real money, rather than un-backed pieces of paper […]
In post World War One. America was rebuilding and recovering. The 1920’s were truly boom years. The electrical grid was expanding, and more and more electrical appliances were being sold and installed. This was consumerism with a capital “C”, and at the same time, lots of autos were being sold. The Model T was being […]
TV is full of silver ads. I mean big ads with lots of special effects, and all sorts of free stuff. “Just call and we’ll send you a free 1 gram silver bar.” That’s worth a few cents. Or a free booklet about how the dollar is doomed and silver will go to $200. Maybe […]
Life is full of chances one must take, just to live. Did I pick the right mate? Did I buy the correct car, home, neighborhood, job, town or city in which to live? Correct doctor, insurance, church, friend, and on it goes. The one thing we MUST do as we get older, and that is […]
The Civil War was probably the greatest disaster to ever hit these shores. 610,000 people killed in that war started by Abe Lincoln. The Civil War was unpopular in the North. So unpopular, that Lincoln had to institute a draft to gain soldiers. For some strange reason, a man who didn’t want to go could […]
There are banks everywhere. In small towns, huge cities, and foreign nations. Bankers always seem to be wealthy, ever notice that? The corner bank is really indispensable, and I would never want to eliminate them. However, the way they work, if you wish to borrow money, is pretty amazing. Perhaps 95% of the citizenry have […]
There are lots of articles written by people supposedly ‘in the know’ about all sorts of things, but of late, many think the dollar is going to collapse, leaving those with them, or having saved in them, out of luck. It is absolutely true that: (1) The dollar is not backed by anything but “The […]
Economics, by definition, is simply the “Science that deals with the production, distribution and consumption of wealth,” according to a dictionary definition. Wealth then, also according to a dictionary definition, is “Much money or property, or great amount of worldly possessions.” We must then define ‘money,’ since wealth is obtained with money. A dictionary definition […]
There are literally thousands, if not millions of people who make their livings calling people to solicit contributions for the policeman’s benevolent fund, (if there is such one), some politico’s run for the next election, or whatever a telephone caller solicits you for your dollars. Once again, WE CALL NO ONE, AS TO US, IT […]