The Bank Holiday and the One Trick Pony

To understand why a bank holiday is coming you have to look at the last bank holiday we had in May, 1933.
On March 5, 1933 President Franklin Roosevelt declared a US Bank Holiday and closed all the US banks for 4 days. During this time, President Roosevelt successfully stopped the runs on US banks that […]

A Dead Cat’s Bounce

A Dead Cat’s Bounce, a term used on the stock market since around 1985, describes a temporary rise in a stock after a large decline. Immediately after the bounce, the stock continues its downward trend implying a similarity to a cat falling from a great height, hitting the ground hard and then bouncing into the […]

Silver to do a Black Swan.

So as I am doing more pricing on silver on the Internet, I run across this term “Black Swan.” With a little investigation, I found that the term Black Swan means an event that goes outside of the six-sigma limits for statistical forecasting that is catastrophic in nature. Being an engineer all my life, I […]

It is going to be a hard winter.

When the President went to have discussions with the Russian government upper management last week, they had three items on their agenda. Interestingly, the number two item on the agenda was the “coming world famine”. Russian Intel expects 100 million to 1 billion people to die this winter due to a lack of food and […]

What to do to prepare for a Presidential declaration of a Bank Holiday

Several things have been going on that have really been bothering me. The first item is the fact that many US Embassies have been issued a year’s worth of operating expenses in US currency and told to convert it to the currency of the country in which they are located (except for the US Embassy […]

I always wondered what Tripe was.

Joan likes to buy cookbooks at garage sales. This is actually amusing to me as she rarely cooks anything leaving that “messy” chore to me. In one of the old books she bought we found the following yellowed, recipe for Tripe.  Clearly Joe, whoever he was, did not get along well with his ex-sister-in-laws.

It is Time to Buy Silver.

It is time to buy silver. I promised more updates on the economy as time progressed and it is now time for one. In the last economic analysis I published I recommended you buy food. This is still very true, but now is the time to also buy silver. Try to get as much as […]

Inflation is coming, time to get ready.

I have received criticism from several friends and family for not discussing my analysis of the economy and what to do about it here in the family blog. I recently finished reading the book “The Richest Man in Babylon.” I am pleased to say I have spent my life living by most of the rules […]

Too Big to Fail

Somewhere on an ancient column buried in the ruins of old Rome I expect there lies an inscription that reads, “Nimis Tantus Concido.” Loosely translated, “Too Big to Fail.”
Clayton

Gonna build a Vivarium.

Every now and then I get an urge to do something different. I decided that building a Vivarium would be cool. I have been collecting interesting plants since moving to Utica and what I really want is a Solarium. Joan and I decided to wait until we move to Syracuse next spring to make that […]

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