Don Stott

Articles by Don Stott

Anyone out there old enough to remember the Maginot Line? The Maginot line, was a long fortress built by the French to keep the Nazis out. They figured if they built this long, high wall, with guns and other armaments, the Gerrys would be...
What it took Japan 7 years to do, Greenspan and his private, mostly European owned, Federal Reserve Central Bank, has done in a year. He has cut the interest rate for the 11th time in a year, with more to come, it is rumored. Maybe we will...
A basic law of physics, says that for every action, there will be a re-action, and it is all too true with the stock market. As I write this, the Dow has passed 10,000, Enron is a heap of rubble, P/E Ratios are way off base, with a strong...
As in a previous piece, I must first make a disclaimer. I deal in bullion coins, not numismatics. There are two sides to every question…or more. I offer my side of the controversy, and will attempt to offer the other side too, to be fair....
Let me begin by saying that I am a precious metals dealer. I have been such since November, 1977, and do not sell gold stocks, or any other stocks, for that matter. I have clients in all 50 states and Singapore, and enjoy what I do. With...
What is $6 billion a week, you ask? $6 billion a week, is the number of dollars that are currently being inserted into America's money supply, not counting the actual deficit of billions per year over taxes collected. "Added liquidity," in...
NOTE: This column has been revised, because one paragraph assumed that everyone knew I was a precious metals broker in 1980 and before, and could indeed refuse to sell to clients who requested silver when it rose to $54 an ounce. Sorry! I...
As the economy weakens, and almost exactly duplicates the horror of 1929-31, many rightfully blame a lot of the mess on Alan Greenspan. Greenspan, a one-time member of an intimate group of Any Rand's, seems to have forgotten all he ever...
Certain myths seem to persist forever. Certain phrases are so common, that no one ever questions them, or realizes they are frauds. Common today, is the trite, "strong dollar." Excuse me, but would you repeat that? "THE DOLLAR IS STRONG!"...

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With gold stolen by Conquistador Francisco Pizarro from the Inca Empire in 1532, Spain financed its conquest of Europe.