St. George, the patron Saint of England, was executed on April 23, 303. The date of his death is commemorated as St George’s Day. Wikipedia’s version explains: “Saint George and the Dragon is a legend in which Saint George—a soldier…defeats a dragon. The story goes that the dragon originally extorted tribute from villagers. When they ran out of livestock and trinkets for the dragon, they started giving […]
» Read moreIn the early 1940s, we lived in my grandmother’s boarding house. We would walk to the Jewel-T and haul groceries home in my little red wagon. She constantly railed about rising prices, “Never in my life did I believe I could carry $25 worth of groceries home without a wagon.” My mother screamed about Brazilians burning coffee beans, creating a […]
» Read moreAs a youngster, I spent summers on my grandparents’ farm. My grandfather, a grizzled WWII sergeant, had little time for nonsense. Television wasn’t invented. After supper the three of us would talk around the kitchen table. Many valuable life lessons are still with me today. One of his favorites was, “If you are going to fix it, do it right […]
» Read moreRecently both houses of Congress introduced worthless resolutions regarding debt and spending. The Senate unanimously approved a resolution calling the debt ‘a threat to the national security of the United States’ and calling expected future budget deficits ‘unsustainable, irresponsible, and dangerous.’ In January, the House of Representatives introduced House Resolution 981, suggesting the “United States should reduce and maintain the […]
» Read moreI’m fed up with politicos predicting economic Armageddon, while continually making things worse! They should be ashamed of themselves…. My wife asked – impotent? Cambridge dictionary explains: Impotent: not having the power or ability to change or improve a situation. Politicians scream the sky is falling, blame their opponents, lie to the voters – yet they have NO DESIRE to […]
» Read moreBest of Dennis… Dennis is taking a short break but will be back next week. In the meantime, we’re revisiting this August 8, 2024, article on the fundamental mechanics of inflation. With the Federal Reserve meeting this week to address persistent price volatility, this straightforward logic on protecting purchasing power is a timely reminder of how to stay grounded. […]
» Read moreWe live in amazing times! A simple press of a tv remote immediately provides thousands of viewing options. Competition between 24-hour news networks is fierce. Each appeal to a particular demographic and news quickly morphs into noise & nonsense. Not satisfied reporting events, they immediately offer their politically biased perspective. The president does something and conservative and liberal commentators immediately […]
» Read moreWhen Nixon abandoned the gold standard in 1971, it removed all government spending restraints. Politicians prefer borrowing over raising taxes to finance their folly! The US Debt clock projects total US debt to top $43 trillion by 2030, with “Unfunded liabilities” (political promises) topping $308 trillion. We’ve been conditioned to expect the dollar will become worthless – eventually. Precious metal […]
» Read moreSilver prices have gone nuts! Last year silver prices jumped 144%, closing at $70.13/oz. On January 28, 2026 it closed at $114.09. In less than a month it has jumped almost 63%. Two days later it dropped 26%. We recently explained how the Chinese government has changed the rules of the market. Charlie Garcia, founder of the exclusive R360 club […]
» Read moreBest of Dennis… Dennis is taking some time off as he and Jo settle into their new home, but he will be back writing soon. With the Fed once again cutting interest rates amid growing economic uncertainty, this article from October 10, 2024 on the perils of repeating past mistakes offers timely perspective on the Fed’s latest moves…. Quote […]
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