Don's Column

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Invest in What? Part 2

Author:
Don Stott
Publish Date:
05/21/2018

There are certainly many things one can do with surplus dollars, which can harm if you pick the wrong one, benefit if you pick the correct one, or if you don’t invest in anything, it is almost a guaranteed loss, since our...

Invest in What?

Author:
Don Stott
Publish Date:
05/14/2018

There are a whole army of ‘licensed financial planners,’ who for a percentage of your worth, will instruct you what to do, or usually  do it for you.  Whether they do anything, nothing, or cause you to lose;...

A Short History of Gold

Author:
Don Stott
Publish Date:
05/07/2018

Gold’s history dates back to about 3100 BC, but that would be boring, so let’s stop and think about how it must have been discovered.  I owned three hotels in little Silverton Colorado, which was a mining...

What can you buy with gold and silver?

Author:
Don Stott
Publish Date:
04/30/2018

Simple, nothing!  You can barter with gold and silver when paper money becomes worthless, as it has in 100% of the world’s history.  America, and most, if not all other nations, knowing their currency can and will...

Black Friday, 1869

Author:
Don Stott
Publish Date:
04/23/2018

It’s a long story, and I’ll try to abbreviate it, because my daughter Melissa, sort of witnessed the results 130 years later! The story began when the North printed Greenbacks, as I have mentioned in a past...

World War III

Author:
Don Stott
Publish Date:
04/16/2018

For a couple of weeks, America’s left and right, thought with a shudder, that President Trump had America heading into World War Three.  He was considered to be reckless, and acting without a grain of common sense,...

Special Counsel

Author:
Don Stott
Publish Date:
04/09/2018

For over a year now, special Counsel Robert Mueller has been costing taxpayers millions of dollars, and has been investigating everything his mind can conjure, other than his original instructions and purpose.  There is a...

The Dollar (Part 4)

Author:
Don Stott
Publish Date:
04/02/2018

Until 1862, the United States had only twice issued dollars which were not redeemable into gold.  Those times were during the Revolutionary War, and the War of 1812.  Both times, the wars were paid for with paper money,...

Mass Protests

Author:
Don Stott
Publish Date:
03/26/2018

Friday, March 23, 2018, saw hundreds of thousands of protesters parading across America.  They were everywhere, protesting guns, the NRA, and demanding new laws, as if there weren’t enough already, which I am certain...

The Dollar (Part 3)

Author:
Don Stott
Publish Date:
03/16/2018

What are dollars anyway?  The simplest definition, is that dollars are money.  Money we have to use to pay our debts, thanks to ‘legal tender laws,’ which require this.  This is not a total definition...

Tariffs

Author:
Melissa Stott
Publish Date:
03/12/2018

More on the dollar next week! President Trump is levying a 25% tariff on steel, and 10% tariff on aluminum.  Rinos (Republicans in name only), and many Democrats are screaming that it will start a trade war, and they say...

The Dollar (Part 2)

Author:
Don Stott
Publish Date:
03/05/2018

Although experiments with paper money did occur throughout the early history of the country, they were largely unsuccessful.  People, for good reason, didn’t trust the notes and preferred gold and silver coin.  In...

The Dollar (Part One)

Author:
Don Stott
Publish Date:
02/26/2018

In The history of the dollar, or for that matter, silver coins, goes back to the time before Jesus!  In BC 425-401 in Phoenicia, small silver coins with five towers on one side and horsemen on the other, were struck, and...

The Krugerrand

Author:
Don Stott
Publish Date:
02/16/2018

In May of 1975, I sold the Grand Imperial Hotel in tiny Silverton Colorado for six times what I had in it, and took a 30 year note back, which meant that I didn’t have to work any more.  I was 41, and that didn’t...

The Silver Scam Continues

Author:
Don Stott
Publish Date:
02/12/2018

The phone rings, and it is an old customer who lives a few miles from me.  Peter asks if he can bother me for a few minutes. “Certainly!  Come on by.”  Peter comes by, doesn’t want to buy...

Pump and Dump

Author:
Don Stott
Publish Date:
02/05/2018

The stock market has done a bit of correction in the last week or so.  About 7%, as a matter of fact.  To me, who doesn’t own a single share, it was to be expected.  “Whatever goes up, must come...

Illinois Economics

Author:
Don Stott
Publish Date:
01/29/2018

Economics is the backbone of every business, individual, and state.  Without excellent ratios between buyers and sellers, and government expenditures and tax receipts, bankruptcy will surely be threatened.  With that in...

Get Rich Scheme

Author:
Don Stott
Publish Date:
01/22/2018

Everyone wants to be rich!  There are thousands of web sites, advertisements, and other come-ons by con artists, who for a fee, (of course), will divulge to you the means they used to corner the market on stuff, open a sure...

The Bundy Affair

Author:
Don Stott
Publish Date:
01/15/2018

You may remember that the Bundys were charged twice about having their cattle grazing on ‘federal’ land without paying for it.  They went to court twice and were found not guilty twice, and ‘with...

Over 95,894 pages

Author:
Don Stott
Publish Date:
01/08/2018

That book would be difficult to read, and especially if a new page were added every two hours and nine minutes.  That is according to a publication called “Ten Thousand Commandments,” published yearly by the...

 

 

Spot Prices
Gold:   $1,297.50   +7.15
Silver:   $16.58   +0.18
Platinum:   $910.40   +9.60
Palladium:   $979.80   +2.70

Updated: Thu May 24