Category Archives: Conversations

Dollar Falls Sharply as Gold Approaches It’s All Time High… Again

Posted on May 26, 2009 by Prestonp

The knee jerk response I’ve gotten when I tell people how much money I’ve made off of my gold investments is “Sell!” It’s a bit of conventional wisdom that has its roots in reality. After all, trees don’t grow to the sky and what goes up must come down. If something’s up 50%, then it must be time to sell it. Continue reading →

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Is Obama Misplaying His Hand?

Posted on May 8, 2009 by Prestonp

Kevin, good friend and loyal blog reader, recently posed me this question: I was reading the May 6th issue of _Cardplayer_ magazine today, and Roy Cooke’s column, which always sports excellent advice, had this quote about Limit Hold-Em: “The larger … Continue reading →

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Investment Ideas from Prison

Posted on March 23, 2009 by Prestonp

I have a friend of mine doing hard time in the California State Prison system. Drugs and armed robbery were his crimes, but the real roots lay in his childhood. I told him as much, and urged him to take … Continue reading →

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Investing, According to The Bible

Posted on February 1, 2009 by Prestonp

I gave a talk at Bethel Temple in Longview, Texas today. It was a largely black, Protestant church; as you can imagine, there was a lot of very vocal Jesus-praising going on. Maybe it was my years of parochial school, … Continue reading →

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Drugs and the FDA: An Argument for Liberty

Posted on January 19, 2009 by Prestonp

Cat recently commented: It’s unfortunate that you pick the FDA as a target, since the FDA has semi-recently deregulated some aspects of its guardianship to the detriment of society. I’m talking about the herbs and supplements industry, which now peddles … Continue reading →

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Why Stay in America

Posted on January 12, 2009 by Prestonp

Cathy, or Cat as she likes to be called, left this comment a while ago:   Hey Preston, have you looked into living somewhere else? I don’t mean that in a rude way. I mean, have you looked into the … Continue reading →

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Will The Dollar’s Value Ever Reach Zero?

Posted on December 31, 2008 by Prestonp

Mark, who frequently reads and comments, recently wrote: Preston, On Christmas day I would have agreed with your assessment and conclusions for the most part. But, by the very next day I had been exposed to an opposing view, which … Continue reading →

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Answering Cathy’s Questions

Posted on December 30, 2008 by Prestonp

Cathy, good friend and frequent blog commentator, recently left the following comment: A nice series, even if it doesn’t have a happy ending. For those of us who already live austere debt-free lives yet have no money to invest, how … Continue reading →

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Mr. Poulter Presently Indisposed

Posted on December 23, 2008 by auby

Ah, the holidays. ‘Man down! Man down!’ It isn’t the most popular battle-cry amidst Christmas cheer. In entertaining younglings, however, Preston has been reminded of how truly fierce the little ones can be. Journalists may not be into hurling their … Continue reading →

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Conversations with Ben Peal

Posted on November 21, 2008 by Prestonp

For those of you who don’t know me in my personal life, I have some pretty geeky interests. One of them is collectible card games (CCGs); specifically I enjoy the White Wolf card game Vampire: the Eternal Struggle. Unlike other … Continue reading →

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