This question has been argued by every generation for centuries. It is an ancient dilemma going back to times of Aristotle (384-322 BC). He took the easy way out concluding that both the Chicken and the Egg must have always existed. Aristotle like Plato, believed that everything on Earth first had its being in spirit. My personal belief is that the Chicken came first. I base this upon my belief in the scriptures. Genesis 1:22 says And God blessed them saying “Be fruitful and multiply, and fill the waters in the seas, and let the birds multiply on the earth”. Many believers in Christ along with non-believers conclude that the Chicken came first otherwise how could we have an egg? [Read more…]
Over the last 25 years of my career in precious metals I mostly have talked about economics, and the government’s inability to manage their debt. Very seldom do I write in detail about Gold, yet in this current environment coming up, we could see a surge in the cost of Gold. For those that have heard me talk on the radio, have read my newsletters, or have heard my Podcasts, seldom have I ever talked about Gold or Silver making a significant move. I believe we could be moving into an era, fortunately yet unfortunately, where the old saying will be true:
“He who holds the Gold, makes all the rules!” [Read more…]
Growing up on a farm taught me quite a few values. Those conservative traditional values have become beliefs which are still woven into my adult and corporate life. Some of those beliefs are of the same nature that our country was founded upon. Free speech, free markets, and freedom to worship. Unfortunately, in many ways, our country has moved away from many core principles. History has proven that this will have a negative effect on our great nation. [Read more…]
I have now been following the largest law in the history of our country. It was passed in 2010 with the most amount of lobbyists in the history of our country. This bill was originally 588 pages and eventually grew to over 22,000 pages. I am referring to The Dodd-Frank Act. It has been in the news now for months with much talk about it being revised. If you have been following me on national radio, I have spoken against this law because of its three major points: [Read more…]
Many have opposed Steve Mnuchin being the new Treasury Secretary under President Trump’s administration. I personally have mixed emotions about him. Mnuchin coming with much financial experience and business acumen, I thought this is what the Treasury and the United States needs to help fix our financial and debt structure. [Read more…]
Last month I wrote about how the Federal Reserve operates in an environment of cycles: Interfering in multiple markets which lead to creating a bubble. The Bubble then explodes and creates massive financial uncertainty. They then intervened with the creation of new money, followed up by more new money, which creates another bubble waiting to burst.