Would that we had a political commentator in modern times who could match the insight and the wit of H.L. Mencken. The “Sage of Baltimore” had a way of getting straight to the point, cutting through superficiality to make his observations. He was particularly critical of electoral politics, as the following quote attests: The state […]
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By now even the most fervent stock market bulls realize that the current valuations of stock markets are way out of whack with underlying market fundamentals. By just about every measure, stocks are trading at ratios that are far higher than their historical averages. Most people look to the price to earnings (P/E) ratio when […]
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With so much competing financial news out there, investors may have a hard time deciding for themselves whether markets are going to continue to grow, or whether they’re going to completely collapse. Certainly the economy is slowing, industrial production is down, and tariffs continue to hurt American farmers and industry. But stock markets continue to […]
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As shooters and ammunition companies continue to learn more and more about ballistics and how to shoot more accurately at long range, more cartridges are developed to enable shooters to shoot at long range. The ability to shoot accurately at ranges out to 1,000 yards or more is important not just to target shooters, but […]
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At the end of 2019, Germans lined up outside gold stores to buy gold. The reason? The German government was lowering the limit on anonymous purchases of gold from €10,000 to €2,000. The way gold prices are going, pretty soon even purchasing a single one-ounce gold coin will require buyers to provide identification. It’s no […]
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It isn’t every day that you hear someone in the mainstream financial media talk about gold. When they do, it’s often in a pejorative manner. So to hear someone in the financial media talking about gold reaching $1,700 or $1,800 an ounce is quite uncommon. And the fact that the person making those statements is […]
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When judging how their investment portfolios will perform, most investors look at economic factors to estimate future performance. They’ll look at price to earnings ratios, balance sheets, Federal Reserve monetary policy, and a whole host of other measures to assess the likelihood that their investments will gain or lose money. But what they often fail […]
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In the aftermath of last November’s elections in Virginia, Democrats took control of the state legislature for the first time in two decades. They promised to remake Virginia, and boy are they trying. These aren’t your father’s Southern Democrats – many of them are transplants from the North, bringing their New England prohibitionist mindset with […]
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Next to stocks, bonds, and cash, gold is probably the top investment asset when it comes both to investor interest and common curiosity. Cultures across the world and throughout history have valued gold for its scarcity, durability, and use in jewelry and money. Now that gold is no longer used as money, its primary use […]
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The .270 Winchester is one of the most popular hunting cartridges in the United States, which isn’t surprising given that it’s been around for nearly a century. Like the .30-06 Springfield and .280 Remington, the .270 Winchester was formed from the .30-03 Springfield parent case. And while arguably better cartridges exist, thanks to its longevity […]
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