Don's Column

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GOLD OR SILVER? WHICH?

Author:
Don Stott
Publish Date:
05/05/2001

As a precious metals broker for close to 24 years, I almost daily get questioned as to which precious metal is the most desirable, or prudent one in which to invest. Both have definite advantages, and both are wonderful. To...

What Would Happen if....?

Author:
Don Stott
Publish Date:
04/26/2001

We all wonder what would happen if certain things take place, just as we wonder what our life would be like if we had done so and so, married that gal we still think about occasionally, or had bought IBM 50 years ago. It is...

COIN CLIPPING AND INFLATION

Author:
Don Stott
Publish Date:
04/19/2001

All readers of GOLD-EAGLE know, I hope, that inflation is caused by increasing the supply of "money," regardless of what form it may take. I must use "money" in quotes, because current "money" isn’t money at all, as it...

The Emperor Has No Clothes

Author:
Don Stott
Publish Date:
04/09/2001

We all remember the tale of the weaver who made a wonderful cloth which was invisible to one of royal birth or of the nobility. All the others of common status, naturally could see the cloth, and if the Emperor wore his new...

Gold, Silver, and Electricity

Author:
Don Stott
Publish Date:
03/29/2001

Silly comparison? I think not. First, let’s look at "electricity." Consider electricity on the left coast especially, and that is California. For years, California regulated electricity to the ultimate degree. No new...

Dependent on Japan?

Author:
Don Stott
Publish Date:
03/23/2001

I honestly wish I could agree with the P.C. (non-Austrian) "economists," who today seem to believe that we are dependent upon Japan! This is about as true as saying that we are dependent on blood sucking welfare recipients for...

A Tiger in Your Tank?

Author:
Don Stott
Publish Date:
03/16/2001

Those of us with a bit of age on us well remember the Standard Oil commercials with the tiger urging us all to "put a tiger in our tank," meaning of course, that the gas sold by them was powerful, and similar to placing a...

Flight to Safety?

Author:
Don Stott
Publish Date:
03/01/2001

If all the roads were closed, should you sell your Chevy and buy a Ford? If there is a food shortage, should you buy new silver service? If the stock market tanks should you buy bonds? In other words is a so called "flight to...

The Truth About Shortages

Author:
Don Stott
Publish Date:
02/22/2001

Is there a shortage of Model A Fords? No. Is there a shortage of housing? No. Is there a shortage of anything that is available for a price which the "market" dictates? No, and that is the basic fact of supply and demand....

HOW MANY TAXES DO YOU REALLY PAY?

Author:
Don Stott
Publish Date:
02/11/2001

The power to tax involves the power to destroy." Chief Justice John Marshall The income tax was begun in 1913 as an amendment to the Constitution, legally ratified by far fewer than the required 36 states. Is it legal? A bit...

Girls Get Prettier At Closing Time

Author:
Don Stott
Publish Date:
02/02/2001

It’s an old country phrase of course, but a truism, and it can be taken to mean several things in the economic world. As a precious metals broker for many years, my current take on the phrase is that now, just when...

Diary of a depression

Author:
Don Stott
Publish Date:
01/25/2001

First of all, the cruel depression of the 1930’s did not begin with the stock market crash of October 1929. Although the market had lost 84% of its value in that crash, the depression that rocked America and the rest...

Hoover vs. FDR

Author:
Don Stott
Publish Date:
12/31/1969

...

Iceland

Author:
Don Stott
Publish Date:
12/31/1969

...

SNAFU

Author:
Don Stott
Publish Date:
12/31/1969

...

Extremism

Author:
Don Stott
Publish Date:
12/31/1969

...

Profiling

Author:
Don Stott
Publish Date:
12/31/1969

  Let’s see now, if I see a mouth breathing, bearded, long haired, thin guy wearing glasses, and driving a Volvo, on the campus of Berkeley, I am ’profiling’ him as a liberal creep.  Fair? If I...

The White Man’s Influence

Author:
Don Stott
Publish Date:
12/31/1969

  India is a crushingly poor nation.  Its inhabitants live in squalor for the most part, even though India seems to be rising a bit, and some progress is being made.  India’s infrastructure of...

Harold Camping Syndrome

Author:
Don Stott
Publish Date:
12/31/1969

  October 21, 1844, was the day which William Miller finally decided that the world would end.  He had several other dates, but finally decided on October 21st, after much prayer, and figuring.  Miller had a lot...

$2 Million A Minute

Author:
Don Stott
Publish Date:
12/31/1969

  Two dollars million a minute?  That’s the amount the United States of America goes into debt every minute.  $2 million a minute.  This means that the D.C.Gang spends $2 million a minute more than it...

 

 

Spot Prices
Gold:   $1,285.30   -2.30
Silver:   $17.98   +0.09
Platinum:   $975.00   +0.40
Palladium:   $978.00   +188.25

Updated: Fri Apr 21