America
The Dollar Price to Redeem an Ounce of Gold
In a recent article I pointed out that the surest path to saving the fiat dollar from destruction was to make it fully redeemable in gold at whatever that price happened to be on a [more…]
Economics
Economics
The US Must Return to a Gold Standard—NOW!
The purchasing power of the US dollar has been debased by over ninety-nine percent since the foundation of the Federal Reserve. [(An ounce of gold cost $20.67 in 1913. According to the Wall Street Journal [more…]
19th Century
Land Grab or Business as Usual?
A early as 2019, President Donald Trump made headlines by suggesting that the United States should consider buying Greenland from Denmark, a proposal that immediately sparked debate and international attention. While the idea seemed unusual [more…]
Communism
Venezuela’s Wasted Potential
Flash, bang stuff Last week, we visited British Guiana for our Railway Review and, as is sometimes the case, found ourselves in the wrong place but at the right time. We tootled along some 15 [more…]
Economics
Inflation as a moral hazard
As I have argued many times in the past, the corruption of money itself and its purposeful devaluation is by far the most important problem facing not just investors and savers, but virtually every single citizen on [more…]
America
Euro contrariness – Anybody/Anything but Trump
Perhaps its Global Warming/Climate Crisis (nah, it’s all the fault of DJT) , but the epic meltdown of the European political classes has stepped up a gear of late. Emblematic of the hysteria is this [more…]
Economics
How to Compare Prices and Progress over the Years
We often scoff at supposedly how cheap things cost in decades gone by. For example, my wife and I recently watched a stage play of Jean Shepherd’s A Christmas Story, set in 1940’s America. (The [more…]
Business
Investment : Timing is everything
It’s poetic that Warren Buffett stepped down at Berkshire Hathaway earlier this year after one of the most extraordinary investing careers in modern history. Financial savvy Puffins (are there any other ?) will not need [more…]
America
More Largesse from Santa Claus Trump
President Trump has promised a $1,776 “Warrior Dividend” for the US military. This article from Military.com seems to offer as thorough an explanation of what is known so far, which isn’t much. According to the [more…]