We woke up this morning to see Palladium at $2600 and the realization that our customers whom bought the unloved metal in 2016 have quintupled their investment. Most, though, are extremely sad feeling as if they missed the boat again.  We continue to feel that our glasses are merely half full.  It is hard to […]

It appeared that an ‘AWFUL LOT’ went crazy last week, ALL except Sir Charles, ‘The Round Mound of Rebound’ as his words last week were prophetic and most agreed upon.  Does anyone really spend anytime thinking about statues and we certainly don’t worship any of them?  No one except Eisenhower perhaps, who admired General Lee’s […]

“Would I say there will never, ever be another financial crisis?   You know probably that would be going too far, but I do think we’re much safer, and I hope that it will NOT be in our lifetimes and I DON’T believe it will be.” -Janet Yellen Possibly, yet probably NOT in your lifetime Janet […]

History is a vast early warning system. -Norman Cousins and every time history repeats itself the price goes down before it goes up. Gold Bugs now expect prices to take off and I expect prices to rise as well …some day.  Today ALL is rigged and manipulated, the news, the markets, public opinion, politics, stock […]

But in 1890 Mary Elizabeth Lease wrote, “Wall Street Owns the Country.” This is a nation of inconsistencies. The Puritans fleeing from oppression became oppressors. We fought England for our liberty and put chains on four million of blacks. We wiped out slavery and our tariff laws and national banks began a system of white […]

2017 and beyond should prove to all that the two party system today is but a charade.  Trump will continue to increase the debt through infrastructure improvements and it is a REAL possibility that Trump will negotiate a default, a bankruptcy, on our debt just as he has done in his private dealings or if […]

My phone rings and my customer asks, “Where is gold going from here?”  I always respond the same, “I don’t know, my crystal ball fell off my desk.”  I do believe it is the time to be a contrarian and buy gold  while hands are discarding their holdings in metals but I have felt that […]

The Global Financial Crisis of 2007 wiped out over 50% of the Australian market share and they are still some 20% below their peak.  Aussie’s are still not back to a break-even point after a decade.  One has to wonder if their losses will ever be recouped in light of the debt the world has […]

The price of gold historically remained stable for 200 hundred years up to 1914, except for the period of the Napoleonic wars from 1797-1821. After the unfortunate war of 1809 against Napoleon the rate of the Bankozettel (the paper currency of Austria) went into a serious fall accompanied by rising prices.  The empire was forced […]

“THE MOST SUCCESSFUL WAR SELDOM PAYS FOR ITS LOSES!”-Thomas Jefferson 1800 Government today is waging war on its citizens who pay with their life’s work.  Soon a great transfer of wealth WILL occur, but it will not be a transfer of inheritance from family but a transfer of the populace’s last wealth.  This transfer, to […]