“The Medievals were smarter than most people think,” says Dr. Michael Mus. “I mean, sure, they tortured people for believing that the sun was the center of our solar system, and they burned witches at the stake. But they knew...
Suppose you’re driving a car, and you turn the steering wheel right. You will feel the door and pillar of the car push your left shoulder (in a left-drive car). This is an observed fact.
Common Sense Physics
One idea—let’s call it...
Why Do People Buy Gold?
Investors face a challenging environment. Decades of falling interest rates force them to choose between earning poor returns in bonds and speculating on asset prices. Retirees may not be able to sustain their lifestyle. Institutions may...
Dear Mr. Buffett,
Let me start by saying that I am a great admirer of yours. What you and Charlie Munger have accomplished at Berkshire Hathaway is truly extraordinary.
Today though, I want to talk to you about a very specific four...
The Industry Council for Tangible Assets (ICTA), the voice of rare-coin and precious-metals dealers in Washington, has released a white paper cautioning against home storage of bullion in an IRA.
It appears some bullion dealers have been promoting a structure whereby...
We have published many articles, arguing that bitcoin is unsound. Yet for all those arguments, there is a bright side to bitcoin. It is exciting to see that there is an audience of millions of people—mainstream people, not wild-eyed End-The-Fed...
In April Keith and I met with Torgny Persson and Luke Chua from BullionStar while visiting Singapore to speak at the Mining Investment Asia conference. We both recorded interviews with them and the first one has just been released.
Topics covered...
The Arizona House of Representatives has convened an Ad Hoc Committee on Gold Bonds. The purpose is to explore if and how the state could sell a gold bond.
This is an exciting development, as the issuance of a gold bond...
The prevailing view in the gold community is that banks are speculators who bet on a falling price. To begin, they commit the casino faux-pas of betting on Do Not Pass at the craps table. When everyone wants the price...
There are two ways to run a gold mining company. One respects the simple fact that it is producing money. It is not eager to trade its the money it produces for government paper, legal tender laws be damned. It...
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