Monday , October 25 2021
Home / Tag Archives: Fun on Friday

Tag Archives: Fun on Friday

Fun on Friday: The $1 Trillion Coin

Have you heard the latest news on the fake debt-ceiling fight?The Senate has approved a measure to kick the can down the road a couple of months. So, the “fight” will continue!The $480 billion increase raises the debt limit to $28.9 trillion, but that’s only going to last until Dec. 3. That means we have time for more political theater. Yippee!It’s so silly because there’s a 100% chance that the debt ceiling is going to be raised.Meanwhile, Treasury Secretary Janet Yellen wants to just...

Read More »

Fun on Friday: I Wish I Had This Superpower!

Wouldn’t it be cool if you could just talk and your words would alter reality?It would elevate you to superhero status — or super-villain depending on your propensity to use your power for good or evil.You know, there’s a real-life person who at least appears to have this superpower.Federal Reserve Chairman Jerome Powell.Think about it. This dude gets up and makes a speech and the entire stock market moves. Bond markets respond. Gold sells off or takes off depending on the Fed chair’s...

Read More »

Fun on Friday: Treasure Hunt

When I walk the beach, I look for sharks’ teeth. Over the years, I’ve developed a pretty good eye for them. In fact, I’ve filled an entire lamp with sharks’ teeth.Not too long ago, I was walking the beach with my son and there were no sharks’ teeth to be found. Frustrated, I told Brendan that I was going to change my strategy. Instead of looking for sharks’ teeth, I’m going to look for gold coins.In his typical deadpan, Brendan said, “Good luck with that.”So far, I haven’t found any...

Read More »

Fun on Friday: Celebrating Work By Not Working

Labor day is a weird holiday. We celebrate working people by — not working.If labor is so great, shouldn’t we celebrate by doing more of it?I know — Labor Day isn’t really celebrating working. It’s to acknowledge the contribution of laborers to the economy.Not to be a killjoy, but I have to admit, I’m not a big fan of Labor Day.Don’t get me wrong — I like taking a day off as much as the next guy – and I willAlso, I’m a big fan of grilling meat.But the actual meaning behind Labor Day –...

Read More »

Fun on Friday: Politicians Lie

I have some sobering news for you.Politicians lie.No, no, not just the politicians you don’t like. I mean pretty much all of them – with a few rare exceptions. It’s like part of the political DNA.If you follow SchiffGold News, you know Sunday was the 50th anniversary of President Nixon closing the “gold window” and cutting the final tether between gold and the dollar.Nixon delivered a national TV address to announce the move. In the first 1:18, he told two big whoppers.First, Nixon...

Read More »

Fun on Friday: The Rise of the Crypto Gangster

I learned a new term this week – crypto gangster.I have to confess — it sounds kind of cool.“What do you do, Maharrey?”“I’m a crypto gangster. So, don’t mess with me.”The world gangster conjures up images of a scar-faced tough guy carrying a Tommy-gun, right? Well, I get the feeling that’s not really what a crypto gangster is. He’s probably more like a computer nerd in his momma’s basement. Except he has a Rolls Royce in the driveway.OK, a Rolls? I’m still down! I don’t really carry the...

Read More »

Fun on Friday: Is There Mobster Gold in Them Thar Hills?

How about a treasure hunt?I’ve got one for you.Word has it, there is mobster gold buried somewhere in the Catskills.How did the gold get there?Legend has it, a now-deceased mobster buried it there as an insurance policy.Dutch Schultz had a reputation as a top bootlegger during Prohibition, a savvy racketeer, and he may have been the first mobster to extort New York’s labor unions – this according to Sullivan County historian John Conway who wrote a 2,000-page book titled  “Dutch Schultz...

Read More »

Fun on Friday: Going for Olympic — Silver?

Have you been watching the Olympics? I’ve always loved the Olympic Games. There’s always so much drama as the best athletes in the world compete for gold.But did you know they are mostly competing for silver?True story. There is very little gold in an Olympic gold medal.Gold medals are primarily made out of silver. They are silver medals covered with about 6 grams of gold plating.So, gold medal winners – for all practical purposes – you’re getting a silver medal.Sorry about your luck.The...

Read More »

Fun on Friday: With Friends Like This…

With friends like this, who needs enemies?Amanda Douglas, 27, stole gold and silver coins, along with other items from her friend’s home, including gold bars, 150 earrings, guns, ammunition, and a container holding a dog’s ashes. Yes. You read that correctly. Amanda stole her friend’s pet’s ashes. Nice girl.Amanda pleaded guilty to the burglary, along with another crime.According to a report by a Texas TV station, the gold and silver coins alone were valued at over $30,000. At least...

Read More »

Fun on Friday: The Story of the Mormon Island Gold Rush

Falling lake levels due to drought in California have revealed the ruins of an old gold mining town. The story behind Mormon Island is pretty interesting.Early in March 1848, W. Sidney, S. Willis, and Wilford Hudson set off from their fort to hunt deer. When they stopped along the south fork of the American River, they found gold.This was just two months into the California gold rush.Sidney, Willis and Hudson were members of the Mormon Battalion. That’s an interesting story in and of...

Read More »