Dividends and Ship of Gold

Anyone who has travelled or been to the ocean sometimes looks out and wonders about all the ships that went down with a cargo, are they worth value? is there gold somewhere there? whose property is it? In many countries around the world, if a ship goes down and its cargo washes ashore, then it is essentially finders keepers. It means in the area, more than usual amounts of the cargo will somehow make its way to the houses in the area. There is always a fine line between cargo accidentally washing ashore and being more directed, but that is something for the insurance adjusters to figure out. A real ship carrying gold from the California gold fields was the SS Central America – bringing the gold from Panama via Cuba to New York and off the coast of South Carolina, the ship which had weathered other storms met its match in a hurricane and between the wind and waves – the ocean won. Gary Kinder the author of Ship of Gold in the Deep Blue Sea, Random House, NY, 1998 essentially wrote 3 stories in one  – the first one a description of turn off the century California when gold was discovered. Then the story of the travels between the ports of New York and San Francisco with a stop through the Panama Canal, together with the reports of what the hurricane was similar to. The next story is the person who discovers methods and ways to search for the gold – an amazing creative engineering mine of Tommy Thompson who has to make discoveries to work in the deep oceans. The last chapters are what happens when gold or valuables are discovered. Who do they belong to and who should see them?

Linking to dividend paying stocks, for the search to be successful various components have to be presented at the right time. In this case, new devices had to be invented. When you are investing using dividend paying stocks, there is little to be invented. The old adge of invest in profitable stocks remains a good thing to follow for new need to invest in the correct technologies just to stay in the game. Profitable companies can experiment with a number of new technologies to find solutions.

There are more questions than answers, till the next time – to raising questions. .

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