40 years ago, I bought my first computer. It was 1985, and I was delighted that I could write something, store it on a little disc, and retrieve it by clicking a button. I had been writing for most of my life already, and had columns in a few major newspapers such as in Phoenix, […]
President Donald Trump is proposing a true socialistic idea, which like all socialistic plans fail, as Margaret Thatcher said a couple of decades ago, “The trouble with socialism is, that eventually you run out of other people’s money.” About 30 miles from me, is the little town of Nucla. It was founded over a hundred […]
“I never get tired of illustrating the fall of the dollar.” That was the first line of last week’s column, and what made me remember it, was the fact that I found 100 silver “Walking Liberty” halves, in my safe. I had no idea what they are worth, or how long I have had them, […]
I never get tired of illustrating the fall of the dollar. Many years ago, in Ouray (pronounced you-ray) Colorado, the beautiful Beaumont Hotel, sat empty, and not in good condition. It had been owned for many years by Whelan Phillips, and since I had bought three other historic hotels 32 miles away in Silverton, Colorado, […]
According to a major piece in the Journal for Monday, September 8th, there are “Three alternatives to U.S. Treasuries that give you safety and yield.” Below are the three with my comments and observations for each. Municipal bonds: “Triple-A-rated Munis with 10-year maturities are yielding about 3.2%.” The 3.2% yield, is assuming that the cities […]
Many liberals or Democrats, think that ‘profit’ is evil, un-necessary, and keeps poor people poorer, and makes rich people even richer. There are myriads of reasons many think the word ‘profit’ is foreign, needless, and should be abolished. The current candidate for mayor of New York, Zohran Mamdani, is classic. He thinks the busses and […]
On February 24, 2022, Russia invaded Ukraine, which was an extension of Putin’s previous 2014 fake election, when he took Crimea, with no one objecting. Donald Trump is thirsting for the Nobel Peace Prize, and so far, his actions may give him that prize, but at a cost to innocent Ukraine. Trump seems oblivious to […]
I take all types of risks every day, as do you, the reader. Life is full of risks and there is even a field of an endeavor called “Risk Management.” I risk my safety when I go out in my car that some reckless or drunk driver won’t crash into me. I take a risk […]
Maybe what’s ever so fascinating about our business, is all the different ways our universal insurance can be held. I’ve always said that silver takes up so much space compared to gold, that maybe it should not be considered. Then, I thought about all the silver I own, and the various sizes in which silver […]
In 1893, the U.S. Treasury decided not to renew the “Sherman Silver Purchase Act,” which was a promise to buy 4.5 million ounces of silver each month from U.S. mines. Since most of it came from Colorado mines, which gold ore also has silver in it, it became an unmitigated disaster. Hundreds of mines closed, […]
