Gold Fever
Gold is merely a form of ‘money’, the best form. But even the best money is worthless, in itself. It’s only valuable inasmuch as it can be either turned into goods and services and consumed…or used to produce more wealth.
World Market News - Latest Updates and Global Insights
World markets are so intertwined these days — what happens in one region of the financial markets can affect another halfway around the world.
New markets in the global space are emerging all the time. And the key to growing your wealth is looking outside the box. The world is truly your oyster.
Here’s how the world market is looking at the moment…
So the Bears Are Wrong…Right?
So it appears that the bears (myself included) got it wrong about the markets after the Fed announcement. Am I about to throw off my fur and put on my horns to join the bulls? Probably not. Knowing them for the-powers-that-be’s uncanny ability to try to get ahead of the narrative, their rhetoric will turn soon. They’ll talk doom and gloom and the markets could experience pretty dark days. Maybe I’ll be wrong…but do you want to be riding with the herd on this one?
About That Trade of the Decade
At today’s price, if you have 17 and a half ounces of gold, you can buy all the stocks on the Dow. That’s the same price as August 1929 and May 1962, etc. From 1929–2021, apart from dividends, investors made no progress in 98 years.
Has the Fed Pivot Arrived, or Is Powell Delivering False Hope?
The Federal Reserve’s 25 basis point hike overnight has delivered some surprising market reactions. Investors are betting big on Powell to pivot in the latter half of this year. That could impact the chances of a ‘soft landing’. In fact, it may already be too little, too late…
Take a Trip with Jim Rickards — Part Three
In today’s Daily Reckoning Australia, Jim Rickards continues his series of articles on economies around the world. We continue our ‘travels’ with Jim in China, the UK, and Japan. Read on to find out more…
Decline and Fall
Our beat here is money. But money woes often come in a ‘cluster’ of other troubles. In our opinion, the introduction of the fake US dollar — in 1971 — was really the beginning of the US’s great decline
