Punked
Officially, consumer price inflation meant that stocks lost about half their value. The price of gold, meanwhile, jumped from $35 in the beginning of the 70s, to $540 at the end.
The Daily Reckoning Australia
Who is the most important?
I had some fascinating conversations in a recent mine tour. One topic was particularly noteworthy – who is the most important in a mining business? Read on about what we came up with!
Thou Shalt Not Tariff
Some of Mr. Trump’s tariffs are so peculiar, it’s not clear where they fit into the constitutional structure. They are used as sanctions, punishments, bargaining chips and foreign policy weapons.
From Butter to Guns
The ponzi math of the welfare state system no longer works. Too many old people. Not enough young people to pay for them. What to do?
How to profit from uncertainty itself
If you believe that neither the bulls nor the bears will be right about the future, then you should find out more about selling options.
All Aboard
Tariffs are essentially a sales tax. And a sales tax — averaging maybe 15% — is going to reduce consumer purchasing power…and cut into sales and profits. That is, it will be downer.
