A CABIN IN THE WOODS, MINNESOTA – We homeschool our kids. So we’ve always considered our travels a field trip for them.
On the road, we teach them about things they can’t learn from books or YouTube videos.
One thing I love about this trip across America is how many opportunities we have to teach the kids about life in the countryside.
They’ve shot rifles, driven tractors, started fires, eaten deer meat, fed horses. Next week, we go to Iowa. We’re going to spend a few days on a hog farm.
For now, greetings from a cabin in the woods…
My family and I are sleeping in a little fisherman’s hut by a lake in Minnesota. It’s 100 years old.
Apart from a refrigerator and a microwave, it doesn’t seem to have changed much over the years. We’re going to stay here for a week and recharge our batteries.
Our 100-year-old cabin for the week
While we’re here, the kids are learning to fish. Here’s Miles on the lake in front of our cabin, after catching his first fish…
Miles’s first fish, a bass
Turning over to the markets…
Gold Sentiment Is Nowhere Near Its 2011 Peak
I caught up with my old friend Van Simmons today.
Van runs a business buying and selling gold coins. It’s called David Hall Rare Coins and is located in Newport Beach, California. As far as I know, it’s the pre-eminent gold coin broker in the world.
Van runs a business buying and selling gold coins called David Hall Rare Coins, in Newport Beach, California. As far as I know, it’s the pre-eminent gold coin broker in the world.
Van spends all day talking to gold buyers and sellers on the phone. He has a very interesting perch from which to view the gold market.
I asked Van if he thinks sentiment in the gold market has become overly excited or bullish, since gold has risen so much these past two years.
“I’d say sentiment is neutral to perhaps a bit negative still,” he answered. “We’re nowhere near what it was like in 2011.”
Gold rose more than 500% from 2002 to 2011. Then it fell back down between 2011 and 2018. Now, it’s resuming the bull market it started in 2002.
It’s currently at $1,780.
Next stop, it must exceed its 2011 high by breaking above $1,900.
– Tom Dyson
P.S. I first bought gold coins from Van Simmons in 2004, on the recommendation of Steve Sjuggerud. Steve was my old office mate back when I wrote The 12% Letter years ago. I’ve been buying from Van ever since, including when Kate and I converted our entire life savings into gold in 2018.
Van says the scarcity of gold we saw during the initial stages of the COVID-19 panic has lifted, and he can now get as many gold coins as his clients want… although the premiums are still higher than they were before COVID.
“They’ve come down a lot, though, from where they were a couple of months ago,” he says.
Now is a good time to buy gold for the long term. If you haven’t bought yet but you’re considering it, give Van’s office a call at (800) 759-7575. He can help you get the best deal. Remember, you want to get as much gold for your money as possible.
P.P.S. Here’s the next Dyson family video, where we answer some of the questions you’ve sent in…
Please keep the feedback for our videos coming at [email protected] so we can continue to improve them!
A grave prediction from one reader… who says we are borrowing from the past and future…
Reader comment: Seems like everyone is living like there is no tomorrow. I mean, why would a bank make a 30-year loan at 3%? That’s insane, but someone making the loan gets a commission and won’t likely be working there decades in the future when inflation makes that loan worthless. Presidents and Congressmen can spend wildly to get votes and not care about some future deficits someone else will pay.
I’m afraid, unless the world ends, we are going to see some worse future, to pay for our greedy present. Not to mention, borrowing from the past, using up infrastructure built decades ago. Borrowing from the past and the future, to make the present look better?
Many others enjoy Tom’s updates and family videos…
Reader comment: I’ve been following you guys on your journey and love your videos! I’m based in Norway and it’s refreshing seeing that parts of America actually seem normal, free of disturbances, riots, and political strife. How long are you traveling for? Keep safe and keep the Fringe-reports coming! Enjoy 😉
Reader comment: Hi Dyson family! Just watched your video sitting around the picnic table with Kate’s first appearance. You guys had me laughing as you described how your tent on wheels compares to all the other campers and RVs with all their accoutrements. Hilarious! Thank you so much for that because I really needed to have a good, ole laugh 😊
I work in the real estate industry, and years ago when I was in luxury hotel development, we had a project manager who was from out of town. The company sent him to work on an Atlanta-area project slated to last two years or so. Instead of selling his house in North Carolina, he and his wife, who worked in the accounting field as a bookkeeper, would just pack up their RV and rent monthly or seasonally in a nearby campground. His wife would find an accounting job close to the campground, and then on weekends they would go back to North Carolina to check on their house and family.
Anyway, just wanted to say thank you for the postcards, but especially the videos. Please keep them coming!
Reader comment: Tom, good luck with the videos. Please bear in mind that in the sticks in the UK, internet connections are not always good enough for video. Please keep your advice gems in writing. Thanks for the education about America and the reality of life for the vast majority.
Reader comment: Hello Dyson family, just watched your first video. Penny was cute as a button as she called “CUT” at the end. Your adventures lift me up at a time when I need it the most.
And admiration for Kate, who homeschools the Dyson children…
Reader comment: Hi Tom, have been enjoying your Postcards. Your travels are something I wish we could have done when our kids were young, but alas, we were “underfunded” in those days. Now they are all grown and are engaging in their own travels (pre-COVID, of course) so it is all good.
Kudos to you for taking your kids’ education as a personal responsibility. It might seem like a lot of work sometimes, but the quality of personal tutoring in education is so much more valuable than the mass produced, “one size fits all” public education system. We homeschooled our kids and it served them well.
Tom’s note: Thanks for writing in! As always, please keep sending us your questions and comments at [email protected]. Kate and I read every message you send us, and we’ll answer as many as we can daily, in video or in writing.