Tag Archives: history

“Since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.” Ford stared in disbelief at the crowd who were murmuring appreciatively at this and greedily fingering the wads of leaves with which their track suits were stuffed. ‘But …

Denver is the home of the United States Geological Survey and a popular watering hole for geologists for many years has been the Rock Bottom Pub. Maybe it’s the micro-brews many geos I know are partial to; maybe it’s the word “Rock”, or the tongue-in-cheek that once you’ve crossed the …

You have to choose (as a voter) between trusting to the natural ability of gold and the natural stability and intelligence of the government. And with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold. George Bernard Shaw You can …

“Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost. By …

“The fact that their scheme might bankrupt innocent men, destroy commerce, ruin the country’s standing in the world credit markets, and cover themselves with scandal never entered the conversation”. – The Gold Ring A small clique of speculators, industrialists, and bankers, aided and abetted by a few Washington insiders and …

The following words were written in 1976! “To consider what is immediately practicable as well as desirable, we believe that it would be very unwise for any country or for the IMF to pursue policies (e.g. large gold sales or purchases) that would cause big fluctuations in the world gold …

Market commentary What a week it has been! There have been numerous reports for the last two weeks of the Japanese piling into the yellow metal, in advance of the March 31st cap on bank deposit insurance. Those who watched ABC Evening News in the USA tonight were treated to …

Well it’s December 23rd and we’ve shut the books on 2001. We’d like to take the opportunity to thank all of our readers for support and encouragement over the last few months. “Straight Talk” is now read in 23 different countries. Next year we’ll be bigger and better. All the …

Market comment: Fidelity Investments has a new advertisement on CNBC in which Peter Lynch, Vice- Chairman, states that since WWII, “corporate profit is up 60 fold and the market is up 60 fold” and “that’s why you invest in the stock market”. Well Mr. Lynch, I pity the poor fool …

Hello out there in cyber land. This is the first in a series of educational essays concerning geology, mining, exploration, and the mining investment scene. I am pleased to see how many people out there want to become more savvy investors. The response to my Gold- Eagle.com and LeMetropolecafe.com articles …