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~ Quotables ~ "There is no clean way to make a hundred million bucks. Somewhere along the line guys got pushed to the wall, nice little businesses got the ground cut out from under them. Decent people lost their jobs. Big money is big power, and big power gets used wrong. It's the system."~ Raymond Chandler, The Long Goodbye
Cap’n Morgana’s Treasure Chest
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Category Archives: Let’s Get Physical
Silver and gold might not be as exciting or revolutionary as cryptocurrency. But 5,000 years of history shows these precious metals are the ultimate lifeboat for a sinking ship. If you are 100% certain of the future, if you have … Continue reading
1978 (avg.) Spot Gold: $193.22 TODAY: $2,062.70 (“Today” figures will continue to change as markets yo-yo!) NOTE: In 1978 it would have cost approximately 35.2 ounces of gold to purchase that truck. Today – it would cost approximately 19.39 ounces, … Continue reading
All things, both good and evil, come to an end. So it will be with the great silver price manipulation… All things, both good and evil, come to an end. So it will be with the great silver price manipulation, … Continue reading
“Gold, Mr. Bond.” There are no Swiss banks in Goldfinger although “Goldfinger, in ready money, is the richest man in England. In Zürich, in Naussau, in Panama, in New York, he has twenty million pounds’ worth of gold bars on … Continue reading
“If you’ve got gold, you’ve got money. If you don’t have gold you have a problem.” ~ Alasdair Macleod When Alasdair Macleod originally spoke those words, several years ago, it blew my mind. It still blows my mind in it’s … Continue reading
Everybody realizes the US economy is in a bad spot. But most people still seem to believe it will bounce right back once we deal with the coronavirus. They’re all high on Federal Reserve fairy dust.
Since Federal Reserve resources were barely able to prevent complete collapse in 2008, it should be expected that an even larger collapse will overwhelm the Fed’s balance sheet. That’s exactly the situation we’re facing right now. The specter of a … Continue reading
How long could you sustain your household if you were to stop earning income? If you are like most Americans, the answer is not for long. Only 40 percent of Americans can afford an unexpected $1,000 expense with their savings. … Continue reading