Day: November 19, 2005

The Precious Metals Bull Continues His Charge

I have a good friend with whom I chat on the phone quite regularly. I have been bugging him to hedge into metals for the past three years. When the spot price was $4.35 an ounce with the dealer’s commission a 100 ounce Engelhard bar was about $500. At that time, I suggested that my friend buy at least buy one or two $1,000 face value bags of pre-1965 “junk” silver coinage–just in case. He waffled. Then, when silver was $4.80 an ounce, I was practically begging him to buy.  Even though he was sitting on substantial dollar-denominated liquid assets, he …


Letter from Goatlady Re: Miniature Goats and Canning Meat

Seems to me you would need quite a large herd of miniature goats to have chevron throughout the year using minis considering three meals per butchered animal, once a week = 52 goats just for butchering which means at least 26 females producing twins once a year plus being sure you have two bucks for service those females, plus enough browse for them to thrive on. Seems to me you would be much better off having two to three full size meat goat does to produce 4-6 butcher goats at (depending on the breed) 50-100 pounds of meat per animal. …


Jim’s Quote of the Day:

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasure. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the result that a democracy always collapses over loose fiscal policy followed by a dictatorship. The average age of the world’s great civilizations has been two hundred years. These nations have progressed through the following sequence: from bondage to spiritual faith, from spiritual faith to great courage, from courage to liberty, from …