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Showing posts from February 22, 2015

The Obamacare Reality is Here

Yesterday, while delivering some heavy duty medical equipment to one of our business accounts, I chatted with a young employee of theirs. He was about 30 years old and I could tell he was fairly intelligent. Here in Boise, we have a huge supply of medical equipment refurbishers. The margins are enormous. It is nothing for these refurbishers to buy a piece of medical equipment for five thousand bucks, put a little work into it, and re-sell it for eighty thousand dollars to some second tier medical provider who cannot afford to pay half a million for the newest device. I have another friend who works for a company that quite literally drives a U-Haul truck around a population center in surrounding states- asking dentists if they have old equipment for sale. Old fashioned cold calling. They buy just about everything. Once the truck is full- they drive it back to Boise. They have been doing this for years. That little company employs 25 people all making 10-15 bucks an hr. No benefits ...

Being Realistic When It Comes to Gold Ownership

At this point in the 2nd greatest bull market in the history of the United States, if you had no information other than the US stock market and it's ridiculous valuations, you'd think we were embarking on the greatest century of industrialization that the world has ever seen. Of course this is not true. The devil they say, is always in the details. If you are going to manipulate markets, then you are going to have to acquire the means to manipulate any or all markets when you need to. You can only do that when you own everything on the monopoly board including the money supply. The world's central banks, and their elite owners, currently own everything on your monopoly board. You are some game token, rolling dice, hoping to avoid these predators- but sooner or later they will get you. That's how the game of monopoly always ends. The people with all of the money figure out a way to take all of yours. It's the greatest poker game of all time. The price of gold h...

Don't Let the Bastards Grind You Down

A couple of years ago, while attending my best friend's funeral, the local mortician stopped me as I entered the gym where the service would be held. Of all the things he might have said to me- he chose to ask, "are you still pontificating your opinions on those blogs you write?" I can't really describe how inappropriate that remark was. Not only did it come from the funeral director of our local mortuary during a funeral service, but it was decidedly malicious. Who says things like that to people attending a funeral?  A person who desperately wants to say something malicious and who is only going to get one opportunity to say it- that's who. It was never really meant as a question. An online definition of pontificate says:  to speak or express your opinion about something in a way that shows that you think you are always right. In America, we have a cultural illness wherein the vast majority of people practice contempt prior to investigation. They...