Brand Identity
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Decades about, the Left used the term “Politically Correct” as a positive
virtue; it referred to people, ideas and brands that, in 21st century
parlance, s...
Saddle Up! A Dictionary of Old-Time Cowboy Slang
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The cowboy is one of the great archetypes of American manliness. He
embodies many of the virtues Americans prize, such as grit, freedom, and
independenc...
Oakwood Cemetery - Anoka (James Peet)
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Minnesota Historial Society information
Excerpt:
James Peet was born in Palermo, New York on November 18, 1828. He came to
St. Paul, Minnesota, as ...
Just a guess
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I can make you do anytheeng I want
If the donks are committed to jettisoning Joe Biden, tonight will be the
night to kick off that effort. I am guessing ...
Good Dirt
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GOD DIDN’T SAVE US TO JUST GO TO CHURCH, sit in a pew, listen, and leave.
Many professing Christians don’t even do that. He expects us to be good
dirt, p...
I Predict 2022
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This is a bit late, but here goes: 1. I will fish at least once every
month, including in some weather conditions that will cause some people to
think I am...
A 2020 Covid19 Fairytale Wedding
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On February 15, 2020, Josiah Murray proposed to Hannah Perry inside a sweet
outbuilding in West Concord, Minnesota. Josiah hoped that Hannah would join
him...
A Circle Unbroken
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by the Night Writer (Originally written, September, 2019.) All my life,
there has been music playing. And growing up, that meant country music, so
I starte...
The Babylonian Trick
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The estimable Hans Fiene, the pastor behind Lutheran Satire, puts a name to
a particular and time-honored technique for violating religious liberty.
He ca...
Personal and lectionary
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I have been trying to move this place around, and things have got messy. At
present I’m restoring the backup Continue Reading
The Master of the Moment
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The F.B.I.'s reputation lies in tatters.
The press lies, and shrieks, and clatters.
And Trump just rides along and grins,
Revealing all our betters' sins.
No more dreams about dung
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J.I. Packer once asked, ‘What normal person spends his time nostalgically
dreaming of dung?’ One who doesn’t understand Philippians 3.7–10: But
whatever ga...
8 years ago
Thursday, February 16, 2006
Speaking of assets and inflation...
word has it that M3, said to be the best indication of the money supply, has been increasing far faster than the value of goods and services produced and consumed in this country. This is historically a harbinger of coming inflation, so there is one asset you might want to have around in case it turns out to be true. It doesn't need to be a big item in your portfolio, but if bad turns to worse, it's nice to have some real money in your hands.
1 comment:
Anonymous
said...
Good point. I'm carrying silver rather than gold (can't really afford that much gold) and so far (last 5 years or so) my investment has more than doubled. But so has the price of silver.
Having possession of it is very important in case, like you said, bad turns to worse. It is my feeling that the dollar will continue to weaken against other foreign currencies, making those countries which are currently heavy in the dollar, sell them off increasing the over all inflationary tone we are already suffering.
When that occurs, we'll experience what is called a "flight to quality" raising even more the price of precious metals.
1 comment:
Good point. I'm carrying silver rather than gold (can't really afford that much gold) and so far (last 5 years or so) my investment has more than doubled. But so has the price of silver.
Having possession of it is very important in case, like you said, bad turns to worse. It is my feeling that the dollar will continue to weaken against other foreign currencies, making those countries which are currently heavy in the dollar, sell them off increasing the over all inflationary tone we are already suffering.
When that occurs, we'll experience what is called a "flight to quality" raising even more the price of precious metals.
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