There is No Such Thing as Crisis Investing Dear Reader, It’s always something… The rise of China, gold, interest rates, P/E ratios, natural disasters, elections, government, new laws, dead industries, and a thousand other headlines are put out to fear. It never ends,...
“You can read Adam Smith, you can read John Maynard Keynes, you can read anybody and you can’t find a word to my knowledge on prolonged zero interest rates – that is a phenomenon nobody dreamed would ever happen.” Warren Buffet Dear reader, The billionaire...
Dear Reader, For major indexes like the Dow Jones and S&P 500, for the remainder of 2016, your upside is likely not more than 5%, but your downside could be north of 25%. Income investors, who are already starved for yield, will face an even tougher climate in the...
Gold is trading near a one-year high. Bloomberg News reports that traders are pricing in only a 10% chance of an interest rate increase this month, and 50% odds of it happening by year end. As said last week, that is one of the most important drivers for gold, next to...
Dear Reader, Savers today are robbed both directly and indirectly through real price inflation and now, in many parts of the world, with negative interest rate policies. Banks and credit unions should be embarrassed advertising these half-a-percent to 1-percent CDs...