moneyFYI
Financial Freedom Is Merely Organized Common Sense
Tag: silver
The Oldest Profession
There is an old joke that involves an engineer, a doctor and a politician arguing over which is the oldest profession. The doctor says that God created Eve from Adam’s rib and certainly that is the work of a medical professional. The engineer argues… Continue Reading “The Oldest Profession”
Share this:
Price Adjusted, Gold Used To Be $20,000 An Ounce
Expressed in 1998 US Dollars the price of silver peaked at $806 in 1477 . Gold was around $14,000. $20,000 today. Both have been lower since. I was clearing out some old material and found a chart from Forbes, 1 June 1998 issue, that… Continue Reading “Price Adjusted, Gold Used To Be $20,000 An Ounce”
Share this:
Faith Matters
What do $20 bills, BitCoins and Christianity have in common? They are each without value unless you believe they are valuable. Faith matters. Money, like religion, is about faith. If you believe the $20 bill in your wallet will buy lunch and everyone else… Continue Reading “Faith Matters”
Share this:
Where Is The Inflation?
Will printing money work? Certainly, there are governments and economists advocating that as way back to prosperity. In the United States, a great deal of money has been printed in the last three and and a half years. So why is there no obvious… Continue Reading “Where Is The Inflation?”
moneyFYI 