An ongoing question over the many years I have been doing this, often is, “Where do I store the stuff?”  I tell then “store it where no one would think of looking.”  Then they say that if they buried it, someone may come by with a metal detector and find it.  OK then, ‘bury it […]

An ongoing comparison, which has been going on for many decades, is ‘what is the best way to run a car?  Diesel or Gas?’  Many say that since all highway tractor-trailers use diesel, diesel must be best.  Also, modern locomotives use diesel, so that’s another argument for diesel.  Are these good arguments for automobiles?  Yes […]

A few years ago, some entrepreneur had a bright idea.  He must have thought to himself, ‘Boy, silver and gold are far too expensive, and people want something cheap.  I’ll make a coin that is a bit cheaper than gold or silver.  I think, since it is a bit cheaper, I’ll call it ‘Bitcoin.’  I […]

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.  […]