QotD: We will be forced to live within our means

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As we have described for several years, the U.S.  economy is virtually locked into a long arc of decline. There are no politically palatable solutions to the quandary. Until Americans are ready to take their lumps and accept a steep drop in their standard of living, the U.S. government will have no leverage with the…

Silver soars the day after LA mystery missile launched

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Silver and Gold have been marching up for the last several weeks, hitting 30-year record highs day after day… but today they jumped substantially. Gold was up $7.25, and silver up $1.58 from yesterday’s close. Silver is up over $11 per ounce from this time last year; that’s over a 60% gain in one year.…

Did you diversify into precious metals?

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I know Dave Ramsey doesn’t advising buying Silver or Gold, and I don’t recommend sinking a ton of money into metals (or any single investment, including a 401(k) or IRA). But if you haven’t diversified at least a little bit of your portfolio into some precious metals, perhaps you should see what they’ve done recently.…

Traffic Cones

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They’ve been working on the main road by my house for well over a year now… and it’s finally looking like they’re almost done. True, there are still plenty of traffic cones and people waiving warning flags to keep us from plowing through a newly cut hole in the road, but it’s progress! Hang on…