There are all sorts of ‘ratios’ in life, and even in economics. The late Richard Russell, (1924-2015), founder of “The Dow Theory Letter,” wrote many times, that a good stock to buy is when its PE ratio (price-earnings) is in the 10 range. In other words, a stock to be a good buy, should earn […]
Numismatics, are the study, selling, and buying of rare coins. It can be American coins, coins or bars salvaged from old ship wrecks on the floor of the sea, or any coins or bars which are rare. As an example, in 2016, the US mint at West Point New York, made, I think about 34,000 […]
That’s the best set of instructions for buying anything and selling anything, be it stocks, real estate, antiques, or what have you. How do you know when the price of anything is low or high? I haven’t the slightest idea, so if you thought this column was going to be a revelation, it isn’t. Rather, […]
In 1967, the South African Mint began making the gold Krugerrand to help move the output of its mines, and to facilitate private ownership of gold. When I began in this business in fall of 1977, the K-Rand was all we had to sell, other than US gold coins, which were really not too good […]
You remember it don’t you? If you went to school more than 45 years ago, you were taught about the Constitution. That’s the document copied around the world for its brevity and advocacy of freedom from government. The Constitution is supposed to be the law of the land, and the Supreme Court is supposed to […]
One of Trump’s campaign promises, was to get rid of Obamacare. It seems as though a bit has been added to that promise. Not only get rid of it, but put something else in its place. The arguing has been going on for six months now, and has divided the Republican party. The latest proposal […]
An interesting book I found at a yard sale last week, details the fate of the USS Houston, a WW II destroyer made famous because FDR, the President rode in her several times and formed an attachment to her. She was a noble ship, built in 1929, and was sunk by the Japs in 1942. […]
Trump can, hopefully by executive order, ban all immigrants from getting on the welfare wagon for five years! Implemented without a bill and Congressional vote, which would take a lot of time. That would easily cease 95% of illegals crossing the border. Why come if there are no handouts? That may be one of his […]
We now have one ounce silver rounds for 28 cents over spot. Check the web site for pictures of them, which include Silver Towne Buffaloes, Morgans, and Prospectors. 10 Ounce bars at 23 cents per ounce over spot, include Silver Towne Flag, Eagle, and Buffalo bars. No one else can meet these prices. Our supplier […]
Dorval is a suburb of Montreal Canada. Muslim parents in Dorval demanded that all pork be eliminated in Dorval’s schools, (canteens as they call lunchrooms), and in all of Montreal. The mayor refused, and the town clerk sent the following to Muslim parents. “Muslims must understand that they have to adapt to Canada and Quebec, […]