What it took Japan 7 years to do, Greenspan and his private, mostly European owned, Federal Reserve Central Bank, has done in a year. He has cut the interest rate for the 11th time in a year, with more to come, it is rumored. Maybe we will have a zero interest buck like the yen […]

A basic law of physics, says that for every action, there will be a re-action, and it is all too true with the stock market. As I write this, the Dow has passed 10,000, Enron is a heap of rubble, P/E Ratios are way off base, with a strong indication that stocks are a terrible […]

As in a previous piece, I must first make a disclaimer. I deal in bullion coins, not numismatics. There are two sides to every question…or more. I offer my side of the controversy, and will attempt to offer the other side too, to be fair. The other side first…also to be fair. Numismatics is defined, […]

Let me begin by saying that I am a precious metals dealer. I have been such since November, 1977, and do not sell gold stocks, or any other stocks, for that matter. I have clients in all 50 states and Singapore, and enjoy what I do. With that caveat, allow me to examine the plusses […]

What is $6 billion a week, you ask? $6 billion a week, is the number of dollars that are currently being inserted into America’s money supply, not counting the actual deficit of billions per year over taxes collected. “Added liquidity,” in Greenspanese. Just imagine the figure of $35 million per hour being added in “liquidity.” […]

NOTE: This column has been revised, because one paragraph assumed that everyone knew I was a precious metals broker in 1980 and before, and could indeed refuse to sell to clients who requested silver when it rose to $54 an ounce. Sorry!I assumed that readers must know that I am, shall we say “mature,” and […]

As the economy weakens, and almost exactly duplicates the horror of 1929-31, many rightfully blame a lot of the mess on Alan Greenspan. Greenspan, a one-time member of an intimate group of Any Rand’s, seems to have forgotten all he ever thought and believed. (If you have never read ATLAS SHRUGGED, you must do so […]

Certain myths seem to persist forever. Certain phrases are so common, that no one ever questions them, or realizes they are frauds. Common today, is the trite, “strong dollar.” Excuse me, but would you repeat that? “THE DOLLAR IS STRONG!” The hell you say. That phrase is repeated over and over again by stock brokers, […]

I hear this on a continual basis: “Suppose I buy gold, and the government tells everyone to turn theirs in?” Or, “What if the government comes around and seizes my gold like they did in the 1930’s?” Or, “Suppose they pass a law making owning gold illegal?” Or, “If gold is made illegal, how can […]

The middle class in the American Civilization is all important in our society. The middle class are the ones who travel, eat out, buy new cars, homes in developments, and generally are the absolute backbone of America. Without the middle class, we will fail. If the middle class is injured, a national depression will occur, […]