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Andrew Tobias

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Andrew Tobias
Andrew Tobias

Money and Other Subjects

Books, Films, Gold

March 10, 2024March 10, 2024

Three books I’ll keep recommending until democracy is saved:

A Fever in the Heartland — how white Christian nationalists almost took over the country in the 1920’s.

Prequel — how they almost did again ten years later.

Blowback — third time’s a charm?

Many Americans favor a “strongman” of the type Trump admires, like Putin and Orban.

Millions more don’t.

Yet given the Electoral College and a stacked Supreme Court, “majority rule” is no sure thing.

Want to join Presidents Clinton, Obama, and Biden for an historic-yet-potentially-affordable evening in New York later this month, and help save democracy?

Click here.



Two Best Picture nominees I loved that didn’t win last night:

THE HOLDOVERS and AMERICAN FICTION.

Perfect for streaming.



I’ve never been a fan of buying gold.

An exception I made with money I can truly afford to lose (a seemingly a bottomless pit): HYMC, a Nevada gold mining stock, as described back in October before it reverse-split 1 for 10.

(So in today’s terms, I paid $2.20, compared to the $11.90 that AMC believed was an attractive price when it bought its big slice, down from a high of $135.)

The stock is basically unchanged from October. One thing that has changed, modestly, is the price of gold — at $2,177 an ounce Friday, up from $1,984 when I bought my HYMC and $1,918 when AMC bought its. 

If you’re like me, you get a lot of spam foretelling $3,000-an-ounce gold.  (Which could well mean this is the top!)  But if some smart people thought HYMC was a good buy at $11.90 when gold was $1,918, it could be an even better speculation at $2.30 with gold at $2,177. 

Or not.

 

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"We've forgotten all the sacrifices that the people who've gone before us made to give us this wonderful life that we have. We accept it; we take it for granted; we think it's our birthright. The facts are, it's precious, it's fragile -- it can disappear."

Ross Perot, 1988

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