Don's Column

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Faith

Author:
Don Stott
Publish Date:
06/02/2002

Everyone has faith in something. Absolutely everyone. Most of us have faith in our parents, if they still live, as they were our guiding lights when we were growing to adulthood. We have faith in our wives, if all goes...

Don’s Column

Author:
Don Stott
Publish Date:
05/31/2002

Well, the FBI, like all other bureaucracies, has proven itself to be virtually worthless, as a recent 13 page memo from an agent has shown.  No one paid attention to the pleadings of a small underling, who had much to say...

Bullion’s Simplicity

Author:
Don Stott
Publish Date:
05/25/2002

I received a complimentary copy of The Rosen Numismatic Advisory the other day. Along with the advisory, was a nice letter from its owner and founder, Maurice Rosen. I thank you Mr. Rosen. For those of you who own...

Why American Gold? - Part 2

Author:
Don Stott
Publish Date:
05/18/2002

I now (after a lot of e-mails) realize that my idea of using Silver Eagles at their face value ($1) to purchase or sell real estate at 6 times its value, to avoid taxes, etc, was biting off a big chunk. I have an alternative,...

Why American Gold? - Part 1

Author:
Don Stott
Publish Date:
05/13/2002

Now don’t get me wrong! Gold is gold is gold is gold, and it matters not from where it came. All gold is a superb inflation hedge, beautiful, desirable, fungible, universally recognized for value, etc. However, there is...

Jobs

Author:
Don Stott
Publish Date:
05/06/2002

In the field of economics, there are many facets. It isn’t just all buying gold and silver. It’s tariffs, deficits, profits, gross, net, employment, unemployment, politics, money, be it good or bad, foreign trade...

Most Americans Are Stupid

Author:
Don Stott
Publish Date:
04/29/2002

"Gee, that’s pretty cheap. I just love shopping at Wal Mart. They have everything." That phrase has been repeated thousands of times, every day, all over the world, but especially in America. I’ll give an American...

Supreme Court Decision

Author:
Don Stott
Publish Date:
04/20/2002

Admittedly, it was the Colorado Supreme Court, but it was a 6-0 decision, and legal wags say it will have enormous national significance. To elaborate: It seems as though the federal drug goons raided a place that made...

THE WIZARD OF OZ

Author:
Don Stott
Publish Date:
04/15/2002

"We’re off to see the Wizard, the wonderful Wizard of Oz. We know he is the wiz of wizes, if ever a Wiz there was. If ever, oh ever, a Wiz there was, the Wizard of Oz is one, because: Because, because, because, because:...

What’s The Price Of The Dollar?

Author:
Don Stott
Publish Date:
04/08/2002

Every month, my web site gets about 48,000 - 50,000 "hits." This means a lot of you people out there, are curious as to the prices of the various coins, bars, and other forms of bullion type gold and silver. The common query...

HOW MUCH INFLATION?

Author:
Don Stott
Publish Date:
04/01/2002

The wonderful federal government issues statistics galore, about every possible item that can be counted. I consider them to be about as reliable as the distorted mirrors in the funny house at an amusement park, which make you...

They Never Go Back

Author:
Don Stott
Publish Date:
03/25/2002

Have you ever known of an increase in government bureaucracy, spending, services, or intrusion into our life, that has ever regressed? Even local governments, when they form a new department, never, ever, see fit to send it to...

How To Repay?

Author:
Don Stott
Publish Date:
03/13/2002

George is a friend of mine, (not his real name) and he is worried about how the gold owed by the banks, to the loaners, such as the Bank of England, can be repaid. George deeply fears "confiscation," which has never happened,...

Too Big to Bail?

Author:
Don Stott
Publish Date:
03/06/2002

The J.P. Morgan/Chase derivatives overhang of some $29 TRILLION, has many "in the know," worried. Of course! Why not worry, when a huge corporate monster, has its future hanging by its gonads, thanks to absurd loans and...

Confiscation?

Author:
Don Stott
Publish Date:
02/27/2002

I don’t think so. A piece on Le Metrople Cafe is making the rounds, and I think it must be rebutted. The piece was written by a very reputable numismatic coin dealer, first of all, so the ax to grind is obvious....

Don’s Column

Author:
Don Stott
Publish Date:
02/24/2002

270 years ago today, George Washington was born.  I celebrate this great man’s valor, leadership, humbleness, and opinions.  As America seems determined to get into foreign conflicts, from which nothing good can...

What Can Government Do?

Author:
Don Stott
Publish Date:
02/21/2002

President Bush was recently in Japan. He offered homilies to the Japanese, and his best wishes, but this will have no effect in the dreadful depression that now engulfs them. The Japanese look to government for help, to escape...

Am I Paranoid?

Author:
Don Stott
Publish Date:
02/13/2002

Let’s see now, the Japanese are buying gold like it is going out of style, carrying bags of yen to gold shops, and asking, "How much gold will this buy?" Dubya is spending, like there is no tomorrow. $356 million to get...

When Money Dies - Part 4

Author:
Don Stott
Publish Date:
02/07/2002

(For Joy Foundation, which I mentioned last week, I forgot to mention the name of the rep. Call Paul Nystrom, at 1-970-249-1902 if you are interested) The first paper money in history was made in China, in the 1200’s....

When Money Dies - Part 3

Author:
Don Stott
Publish Date:
01/31/2002

In the hundreds of cases, when the money in use becomes worthless, it is ALWAYS government that debases, and eventually kills it altogether. There is not a single case in recorded history, of a paper currency that did not...

 

 

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