Dr.Jackpot

The Bond Investor's Dilemma

The story continues and is the same. Money has to come from somewhere so "shaft the savers" (but keep touting to save) and entice young spenders to buy, buy, buy. Give'em the free money you just stole from the savers. Don't pay any interest on the $250,000 the retiree has in the bank. He's old and can get by on beans. The young guy needs a new convert and look at the profit we will get. No one will challenge Greenspan or Bernanke since the 'take' is free.

The Riskiness of Bonds

BETTER THAN GOLD !

Hand made knives by well known artist. I bought a hand made knife by 'Randall' in Florida in 1959 for $25. Today that same knife is offered on Ebay for $1,500. So the tax free compounded return over 50 years has been 8.5% annually. An ounce of gold would be $1,091 to match that (starting from 1967 I believe).