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Money, Wealth, and Power

Mark R. Rushdoony / The Chalcedon Foundation:
In 1965, just before I turned eleven, my father taught my sisters and me how to examine every dime, quarter, and half-dollar we received. Every silver coin (those minted before 1965) we were instructed to keep and never spend, because silver was valuable and would become even more so, while the new coins were what he called "slugs." About that time he encouraged us to get our savings together and buy gold coins. I managed to scrape together, I believe, just under fifty dollars, and he bought me a one-ounce U.S. twenty-dollar "double eagle" gold coin.

Posted by Editor at March 18, 2010 01:50 AM