80% of my investable income is in cash, precious metals and a small number of stocks. That might seem crazy, but the Pareto Principle, Zipf's Law and the bell curve have convinced me that it's a waste of time and money to get any more diversified. [Let me explain why that is the case.] Words: 396
Read More »Track the Trend of the Economy – Here’s How
No matter how boring it sounds, all investors must make it a point to track economic indicators to understand the direction in which the nation is headed...[and, in the process,] sharpen [their] investment decisions. Here are the key indicators that you should be tracking:
Read More »It Appears Investors Are Losing Faith In the U.S. Dollar
Recent trading patterns suggest that if King Dollar doesn’t reverse higher soon, it may be an indication that investors are losing faith in it.
Read More »A Debt Jubilee: It Sounds Like A Good Idea BUT…
Americans, and governments across the world, have more debt than they can ever hope to repay and that's why a number of public figures are suggesting a radical and ancient solution; a debt jubilee...
Read More »The Case For Putting 5-7% Gold In Your Portfolio (+2K Views)
Central banks and some very smart people hold at least a small portion of their wealth in gold as a hedge. Should you?
Read More »It’s T-i-i-i-me! Leave the Cult Of Paper Currency & Get Some Gold
It’s time to leave the cult of fiat currency behind, and add some real money to your life. Your future standard of living will thank you.
Read More »U.S. Dollar As Reserve Currency: These Countries & Organizations No Longer Use It – What’s Next? (+5K Views)
With less countries and organizations using the dollar to settle international transactions, it slowly chips away at its hegemony of the U.S. dollar as the world's reserve currency. China is at the epicenter of this transition and is making continued progress in cutting deals outside of the U.S. dollar framework. Deals shown in the infographic are currency flows between countries that have abandoned the dollar in bilateral trade, as well as countries that are considering such measures.
Read More »What’s Happened – and Will Continue to Happen – to the Value of the U.S. Dollar (+8K Views)
Technically the U.S. left the gold standard in 1971 but, in reality, we abandoned it in 1913 with the creation of the Fed...setting the stage for the collapse of the dollar. [Given that this is] the 100th anniversary of the creation of the Federal Reserve, it seems only fitting that we should present a brief history of the U.S. dollar debasement since then. Words: 1144
Read More »10 Signs You Have A Bad Financial Advisor (+5K Views)
There are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients’ assets well, but on gathering assets under management in order to grow their own practices. How do you tell if you’re sitting across from either one of these types of bad advisors in an industry that lacks transparency? [Well, I have done just that with a list of 10 signs that you are working with a bad investment advisor.] Words: 1467
Read More »Massive Debt = Dollar Collapse = High Inflation = Likely Depression (+4K Views)
The value of a currency is determined by a number of variables. In this article, I will focus on the dynamics of demand, supply, current account deficits, and aggregate government debt.
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