Gold Speculators or Prudent Gold Savers?
We’re continuing a series on gold and silver which began here. This is part of a letter written by myself and the board of an association to list the reasoning behind moving some of our US Dollar savings to gold and silver to protect ourselves from risk in the fiat US Dollar. The point is […]
Three Types of People: Savers, Consumers and Producers
For the sake of discussion, let’s say there are three kinds of people in the world: Consumers Savers Producers Laws of the Universe: Consumers consume more value in the world than they produce. Producers produce more value than they’re consuming. This is a continuum. You can never be the ultimate Consumer, and you can always […]