Commentary

2018 3rd Quarter Commentary – PUTTING UP HAY IN THE BARN

As we approach autumn, many farmers are putting up hay. Farmers store hay because they know there might be a harsh winter, or a drought, when there might not be enough grass available for the stock. No one has ever been able to predict when the hard times will come,...

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2018 1st Quarter Commentary – ALARMISM SELLS!

2018 1st Quarter Commentary ALARMISM SELLS!   Yes, alarmism sells when you are trying to sell newspapers or air time on television and radio. However, it is not always helpful to us as investors. Lately, we are being told that we should be alarmed about the...

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2017 3rd Quarter Commentary – THE GOLD RUSH!

2017 3rd Quarter Commentary THE GOLD RUSH! In 1849, gold was discovered in California. Back east, the media picked up on it and began to publish stories about people getting rich overnight in the California gold fields. As a consequence, thousands of people sold...

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