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 | Mickey Fulp - Mercenary Geologist |
The Never-Ending Wars of the United States of America |
A Monday Morning Musing from Mickey the Mercenary Geologist"War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives. A racket is best described, I believe, as something that is not what it seems to the majority of the people. Only a small 'inside' group knows what it is about. It is conducted for the benefiMonday, November 23, 2020 |
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 | Mickey Fulp - Mercenary Geologist |
The Life Cycle of Money |
In the aftermath of the global economic crisis of 2008-2009, governments throughout the world have fostered a tenuous recovery predicated on massive increases in money supplies and debasement of currencies. Note however, that monetary debasement is not a recent phenomenon; it is simply the natural life cycle of money.There are six well-defined stages in the life cycle of money. This progression has occurred in every dominant civilizationMonday, May 11, 2020 |
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 | Mickey Fulp - Mercenary Geologist |
Gold, Silver, and the US Dollar: 1792-1971 |
In today's musing, I review the history of gold, silver, and fiat currency as money in the United States of America. I document how various wars, panics and depressions, Congressional acts, and executive orders have affected the US dollar prices of precious metals and resulting gold-silver ratios.This musing covers the period from 1792 when the United States government first established a national currency backed by gold and silver untilMonday, April 6, 2020 |
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 | The Energy Report |
Amazing Energy Drills Amazing Well |
Bob Moriarty of 321 Gold does the math for an energy company drilling in the Permian Basin and finds it pretty impressive.
Amazing Energy Oil & Gas Co. (AMAZ:OTCQX) drilled an oil well they named WWJD #23 in Pecos County in the Permian Basin to a depth of 1,997 feet and encountered 44 feet of pay in the targeted Queen A formation. They own about 70% of the well and their cost was $300,000.
The company just announced numbers on the wellWednesday, March 7, 2018 |
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 | Peter McKenzie-Brown - Language Instinct |
Barbecues, Booms and Blogs |
Barbecues, Booms and Blogs
Fifty Years of Public Relations in Calgary
ISBN number: 978-1-55059-363-1
Copy for inside front cover:
Public relations is "the management function which evaluates public attitudes, identifies the policies and procedures of an individual or organization with the public interest, and plans and executes a program of action to earn understanding and acceptance."
Canadian Public Relations Society definition
Title: Barbeques, Booms and BlogsSubSunday, March 4, 2018 |
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 | Mickey Fulp - Mercenary Geologist |
The 48-Year Record of Pt:Pd Ratios |
A Monday Morning Musing from Mickey the Mercenary GeologistContact@MercenaryGeologist.comJanuary 15, 2018Price ratios determine relative value of the precious metals and are useful parameters in deciding which metal to buy at any given time.In previous musings, I documented the history of gold and silver prices and gold-silver ratios from the United States’ abandonment of the gold standard in August 1971 to present (Mercenary Musing, May 9, 2016) and followed with a similar treatment for platinuThursday, January 18, 2018 |
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 | Mickey Fulp - Mercenary Geologist |
What Trumps Dollars and Gold |
I have commented and written extensively on the generally negative correlation of the US dollar and gold. In simple terms, when the US dollar moves up or down, the price of gold tends to do the opposite. This makes sense because the price of gold is quoted on world markets in good ol’ American greenbacks. That said, there are many other factors that contribute to the price of gold. These include: world economic health; geopolitical events; physical demand for jewelry, investment, hoarding, and iWednesday, November 29, 2017 |
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 | Mac Slavo - ShtfPlan |
Toxic Food Is Killing Humanity And Now A Leading Cause Of Death |
The saying “you are what you eat” may have much more meaning now than it ever has in the past. Toxic food is killing humanity, and one-fifth of all deaths are now linked to processed foods.
It may not be cheap to eat good food, but it’s certainly better for your body. A new study compiling data from every country finds people are living longer but millions are eating wrong foods for their health. Poor diet is now a factor in one in five deaths around the world, according to the most comprehensivThursday, October 26, 2017 |
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 | Andy Hoffman - Miles Franklin |
The Gold Coin Dilemma, Politics and Nonsense |
There are five identical bags of gold, and each contains ten gold coins. However, one of the five bags contains fake gold. The real gold, fake gold, and five bags appear identical, except the coins of fake gold each weigh 1.1 ounces, and the real gold coins each weigh 1 ounce. You have an accurate digital scale and CAN USE IT ONLY ONCE.
How do you determine which bag contains the fake gold?
(Thanks to my friend Brian C. for sending me this dilemma.)
There is a straight-forward answer to thisWednesday, October 4, 2017 |
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 | Gary Christenson - Sprott Money |
The Gold Coin Dilemma, Politics and Nonsense - Gary Christenson (3/10/2017) |
There are five identical bags of
gold, and each contains ten gold coins. However, one of the five bags
contains fake gold. The real gold, fake gold, and five bags appear
identical, except the coins of fake gold each weigh 1.1 ounces, and the
real gold coins each weigh 1 ounce. You have an accurate digital scale
and CAN USE IT ONLY ONCE.
How do you determine which bag contains the fake gold?
(Thanks to my friend Brian C. for sending me this dilemma.)
There is a straight-forward answer toTuesday, October 3, 2017 |
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 | Mish - Global Economic Analysis |
Economic Polarization: Map Shows Distressed Communities Predominantly in in Southern US |
The Economic Innovation Group has an interesting report on Distressed Communities.
The study notes “America’s elite zip codes are home to a spectacular degree of growth and prosperity. However, millions of Americans are stuck in places where what little economic stability exists is quickly eroding beneath their feet.”
Distress is based on an evaluation of seven metrics.
Distress Metrics
No high school diploma
Housing vacancy rate
Adults not working
Poverty rate
Median income ratio
Change in emTuesday, September 26, 2017 |
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 | Mish - Global Economic Analysis |
Buy the FAANGS Baby! Slow Torture |
Here an amusing MarketWatch Opinion: Now that FAANG stocks are crashing, which are undervalued?
That title, by Thomas H. Kee Jr., a former Morgan Stanley broker and founder of Stock Traders Daily, says quite a bit about market sentiment.
Let’s Investigate.
Central bank capital infusions dating back to 2013 are exactly what caused this asset bubble, and the liquidity injections have not stopped. This bubble will burst, but probably not today, and the recent selling in FAANG stocks does not appeaTuesday, June 13, 2017 |
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 | Frank Shostak |
The Essential Link Between Consumers and Financial Markets |
Recently one of the most successful Wall Street investors Warren Buffet urged investors to forget about active investment and simply put their money into index funds.Contrary to his previous ideas that one should strive to make investment decisions based on the understanding of fundamentals, now he is of the view that it is better to embrace a passive approach and follow the index.It seems that Buffet has succumbed to the popular view as presented by Modern Portfolio Theory (MPT) that financialThursday, May 11, 2017 |
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 | The Energy Report |
As Uranium Price Turns, Insiders Stock Up on Energy Fuels |
Analysts watching the uranium market agree that as prices for U3O8 turn around, Energy Fuels' U.S.-based assets, including its conventional and in-situ recovery operations at the Canyon Mine and Nichols Ranch, respectively, make it a good bet for investors. The company's management team and directors must agree because they have upped their share ownership in anticipation.
In a letter to shareholders that Energy Fuels Inc. (EFR:TSX; UUUThursday, March 23, 2017 |
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