Jim’s Quote of the Day:

"I remember during the metals’ bull market of the 1970s when we were worried about gas rising to $1.50 a gallon, some enterprising gas stations put up signs selling gas for a dime a gallon. Of course, they wanted pre-1964, 90-percent silver dimes which had value in excess of a gallon of gas. If you were smart, you didn’t fall for it. You were better off keeping the coins to yourself." – Howard J. Ruff







Jim’s Quote of the Day:

"Almighty God…I yield thee humble and hearty thanks that thou has preserved me from the danger of the night past, and brought me to the light of the day, and the comforts thereof, a day which is consecrated to thine own service and for thine own honor. Let my heart, therefore, Gracious God, be so affected with the glory and majesty of it, that I may not do mine own works, but wait on thee, and discharge those weighty duties thou requirest of me. Give me grace to hear thee calling on me in thy word, that it may be …



















Jim’s Quote of the Day:

“Am I optimistic for the long-term? Absolutely not. I still believe we’re due for the mother of all market crashes, and that the U.S. economy is running on borrowed time — and I do mean borrowed. I think most baby boomers are in serious financial trouble, and that oil will climb above $200 a barrel. Inflation will also increase, causing more pain for the poor and middle class.” – Robert Kiyosaki










Jim’s Quote of the Day:

“The harsh reality is that Starbucks is a microcosm of scores of enterprises that have come to comprise the core of the U.S. Bubble economy. The economic viability of so many businesses and even industries will be in jeopardy in the unfolding credit and financial landscape. The stock market is still in the early stage of discounting the unfolding credit and economic bust. And I’ll reiterate that we expect the unfolding economic adjustment to be of such a magnitude as to be classified as an economic depression.” – Doug Noland, The Prudent Bear







Jim’s Quote of the Day:

“The Wall Street crash doesn’t mean that there will be any general or serious business depression. For six years American business has been diverting a substantial part of its attention, its energies and its resources on the speculative game… Now that irrelevant, alien and hazardous adventure is over. Business has come home again, back to its job, providentially unscathed, sound in wind and limb, financially stronger than ever before.” – Business Week, November 2, 1929