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Don Stott

Don Stott Articles

I don't think so. A piece on Le Metrople Cafe is making the rounds, and I think it must be rebutted. The piece was written by a very reputable numismatic coin dealer, first of all, so the ax to grind is obvious. Numismatics dealers have to...
President Bush was recently in Japan. He offered homilies to the Japanese, and his best wishes, but this will have no effect in the dreadful depression that now engulfs them. The Japanese look to government for help, to escape their...
Let's see now, the Japanese are buying gold like it is going out of style, carrying bags of yen to gold shops, and asking, "How much gold will this buy?" Dubya is spending, like there is no tomorrow. $356 million to get the Peace Corps...
(For Joy Foundation, which I mentioned last week, I forgot to mention the name of the rep. Call Paul Nystrom, at 1-970-249-1902 if you are interested)
In the hundreds of cases, when the money in use becomes worthless, it is ALWAYS government that debases, and eventually kills it altogether. There is not a single case in recorded history, of a paper currency that did not inflate, and...
Almost exactly a year ago, I wrote a column for GOLD-EAGLE, titled "Diary of a Depression." You can see it by clicking the title just mentioned, or on "also by Don Stott" at the bottom of the page, and accessing the other columns I have...
A notation first. Last week, I wrote of the Japanese, who had saved their surplus assets in yen, and who are now losing. A few were wise. Gold sales around the world, increased by 17% in the third quarter of 2001. In Japan, gold...
I was going to go on to other currencies this week, leaving Japan alone, but it turns out I haven't finished with Japan. Or rather, Japan hasn't finished with itself…if indeed it can survive its current crisis. A correction first. The yen...
While the term "money," doesn't indicate life, it is necessary, for civilization as we know it, to exist. A medium of exchange, that is compact, valuable, acceptable to the masses, and divisible into various sizes, is one of the ways that...
This is a quickie, just to wish one and all a most happy and prosperous New Year!

It is estimated that the total amount of gold mined up to the end of 2011 is approximately 166,000 tonnes.

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