When it comes to investing in precious metals (hard money), there’s a host of ‘relative to’ ratios. Are these valuation methodologies valid?
You Need the TRUTH to Make Informed Decisions — Part One
Newton’s Third Law of Motion foretells the busting of this massive asset bubble — whether it be short and sharp or long and protracted — is destined to inflict a great deal of financial pain.
PLEASE, PLEASE, PLEASE Stop and Listen to History
This plea is NOT to central bankers or policymakers. Their bloated egos, gross stupidity, and blatant self-interest rendered them deaf to anything other than fawning (but very much undeserved) applause and accolades. No, dear reader, this plea to stop and listen to history is for you.
Is Your Dream about to Become a Nightmare?
Generation after generation has bought into a version of the ‘Dream’. But what if one generation decides to break the chain? What if our cherished dream is not their vision of the future?
What CPI Really Stands for…Conning People Indefinitely
The randomly selected 2% is the Holy Grail our (clueless) inflation warriors so covet…and slavishly pursue. Belief in this target is now so absolute, no one in the economics profession or financial industry asks the question ‘why do we have this target?’.
Crypto…Is the Pyramid Collapsing?
Opinions are divided. Are cryptos the future or a fraud? Do cryptos have a genuine financial value? The answer to that questions is…‘it depends
The End of an Era
The more an era endures, the more inclined we are to perceive what is temporary to be permanent. And, when a special era ends, it brings great sadness. We look back with fond memories of better times.
The Consequences of Blindingly Stupid Policies Are Becoming All Too Apparent
With the RBA expected to increase rates today, we’re told of ‘more interest rate pain’. For whom? Certainly not for those who have savings.
The Real Meaning of Wealth
Wealth is the result of combining ‘well’ and ‘health’. The real wealth in a family is measured by the health and wellbeing (physically and mentally) of its members.
I Have Never Been More Nervous for Investors
Faith in the competency of central banks should have ended when this statement was proven to be completely and utterly wrong: ‘We do not expect significant spillovers from the subprime market to the rest of the economy.’ Chairman Ben Bernanke, US Federal Reserve, May 2007 Those who trusted Bernanke (the most powerful banker in the […]