Blog/America’s Economic History
Bill Gates’ Idol
John Davison Rockefeller Sr. (1839–1937) was born into a large, poor family in upstate New York that moved to Cleveland, Ohio. He became an assistant bookkeeper [...]
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Thank you & the Interesting Times We Live In
I just want to say thank you for all the emails I have been getting. These are difficult times, indeed. Nevertheless, the upside is that these tumultuous times are [...]
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Statues & Rewriting History & Ignorance
I find that the tearing down of statues has gone way too far. Tearing down Columbus because he discovered America, and that harmed the indigenous people, is [...]
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Millennials Collect Sneakers not Gold?
QUESTION: Gold & the younger generation Regarding the article ‘Gold & the Future ‘ ‘…Will they then look to gold and history? ‘ I think the [...]
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Quebec Issued the First Paper Money in the New World
QUESTION: Mr. Armstrong, a goldbug told me you were wrong that paper currency did not begin with the Civil War. I told him you have written plenty of times about [...]
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Happy 4th of July – Which was Supposed to be July 2nd
There are only a handful of people throughout history who I admire and wish I could have shaken their hand. Thomas Jefferson was one of them. The Fourth of July is [...]
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Did Life Insurance Companies Survive the Great Depression?
QUESTION: Did insurance companies just declare bankruptcy during the 1930s to escape liabilities? PD ANSWER: Personally, I have NEVER had an insurance policy that [...]
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Are Bonds Preferable to Stocks in a Crisis?
QUESTION: There are a few people coming out claiming the stock market will crash so buy bonds even though you will lose money. How can people keep calling for a [...]
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