The COMEX seems to be the main culprit for the stagnant price of silver. In spite of the fact that there is very little of it in stockpiles, if any, silver prices continue to languish. Here’s one reason. When people “take delivery” of their silver contracts, which are in ugly, heavy, thousand ounce bars, they […]
Oh boy! Money! Everyone dreams of having plenty of it. Oh to have all the money one can spend. An Aladdin’s Lamp of plenty, is what we all dream of, when we imagine having our wishes. I well remember when I was a teen, growing up in my Dad’s drug store in Washington DC. I […]
It seems as if every president proposes a “tax relief plan,” which plan is used to gain election, or at least make a wonderful campaign promise. Taxes are levied on virtually everything besides income. There are taxes on every morsel you eat, and every drop you drink, although few ever think about it, and no […]
Ah the Lone Ranger! “Return with us now, to those thrilling days of yesteryear. From out of the west, come the thundering hoof beats of the great horse Silver, the Lone Ranger rides again!” Being of advanced age, I grew up on the Lone Ranger. I listened intently on Monday, Wednesday and Friday at 7:30 […]
This morning, on Bloomberg, it was stated that there are 2 million jobs available, and 8.2 million people seeking jobs. The “Help Wanted” advertising in newspapers is at a 40 year low. Isn’t this grand? We make 16% of what we consume, and the rest comes from other nations, especially China. Try to buy any […]
The “DAX,” is the German equivalent of the Dow, and as I write this is less than a third of what it was a few months ago. But as Paul Harvey says, now you will get the rest of the story. On December 30, 1997, the Germans started what was to become the German equivalent […]
For as long as history has been researched, citizens always seem to think of their government as all-powerful. I just finished reading a book by a World War II German soldier, who, when Hitler committed suicide, and his side lost, couldn’t believe it. People who drive Chevys, Mercedes, or whatever car they love, believe others […]
I remember going to New York back in the 50’s and 60’s. (Here goes another true story) Times Square was a riot back in those times. There was the Camel sign that blew smoke rings, and the Bond Clothing sign with a real waterfall. The Paramount Theatre was in operation, as was the Astor Hotel. […]
I get call after call, wondering why the old faithful, one ounce Krugerrand is so much cheaper than the beautiful American Gold Eagle. I have thought of an ideal illustration. The following will explain it all. Let’s assume you go into an auto showroom, and want a new Ford. The sticker price, is the price […]
Y’see, when you get to be as old as I am, you can remember a lot. I grew up in a drug store, because my Dad owned one for 36 years. I also have always had a radio by my bed, and when a youngster, used to “DX” around the country with my NC-100 receiver, […]