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POSTED ON November 24, 2023  - POSTED IN Friday Gold Wrap

Did you know Thanksgiving almost didn’t happen thanks to the Pilgrims’ experiment with socialism? It didn’t work. Fortunately, they figured out some economic truths and the rest is history. In this episode of the Friday Gold Wrap, host Mike Maharrey tells the Thanksgiving story you almost certainly didn’t hear in school. He also explains why today is called Black Friday.

POSTED ON November 25, 2022  - POSTED IN Friday Gold Wrap

There are a lot of things they didn’t teach you in school. In this episode of the Friday Gold Wrap, host Mike Maharrey tells you a Thanksgiving story you’ve probably never heard before – at least not from your school teacher. He also touches on the Fed minutes that came out this week that seem to confirm a soft pivot on rate hikes.

POSTED ON November 23, 2022  - POSTED IN Original Analysis

When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world.

That’s socialism in a nutshell.

The Pilgrims found this out the hard way during their first couple of years in North America. Their experiment in socialism turned out deadly.

POSTED ON November 25, 2021  - POSTED IN Original Analysis

When I was a kid, we used to say some things only “sound good on paper.” In other words, they seem like good plans, but there is no way they’re going to work in the real world.

That’s socialism in a nutshell.

The Pilgrims found this out the hard way during their first couple of years in North America.

POSTED ON November 24, 2017  - POSTED IN Fun on Friday

As the saying goes, “Insanity is doing the same thing over and over again, and expecting different results.”

Albert Einstein is usually credited with that statement, although there isn’t any proof that he ever said it. Nevertheless, it’s certainly a good working definition of insanity. And by that definition, I have to conclude that socialists are insane. 

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