Even the foremost experts in most fields are no better than a flip of the coin at predicting what’s going to happen in their particular area of expertise. In fact, in one study those with 80% confidence in their forecasts were only right 45% of the time, so even worse than a coin flip.
Read More »A Ranking of 57 Stocks That Have Increased Dividend Payouts Annually For 25+ Years
This article ranks a group of stocks that have increased their dividend payouts for at least 25 consecutive years (called Dividend Aristocrats) based on David Van Knapp's quality scoring system and my modifications.
Read More »The Many Benefits of Having a Bank Account in Hong Kong (+6K Views)
Hong Kong is an excellent place to bank. One of the best in the world, in my opinion. Why? Because the banks are strong, stable, innovative, and well-capitalized [and account holders] are free to choose what currency to accept (and save), whether HK dollars, US dollars, Chinese Yuan, gold, or anything else.
Read More »The 7 Immutable Laws of Investing As They Apply To Gold/Silver & Debt-based Fiat Currencies
The 7 immutable (i.e. not subject or susceptible to change or variation in form or quality or nature) laws of investing and how they apply to gold/silver and debt-ridden fiat currencies are:
Read More »Gold Measurements: “Troy” & “Karat” – What Do They Mean?
Many articles make reference to the price of gold costing x dollars per “troy" ounce (i.e. ozt). Why is the term "troy" used? And what do the terms "karat" and "carat" mean?
Read More »Social Security Is Rapidly Running Out Of Cash – Here’s What You Need To Do (+3K Views)
Two weeks ago a new bill was introduced on the floor of Congress that, just like all the other really dangerous legislation, i.e. USA PATRIOT Act, this bill has a catchy acronym. It’s called the SAVE UP Accounts Act, which stands for “Secure, Accessible, Valuable, Efficient Universal Pension Accounts Act”. I just tasted vomit in my mouth.
Read More »Why We Will Never See a Return to a Gold Standard – Ever! (+3K Views)
We're not going back to a gold standard - anywhere - any time soon! Here are three simple reasons why not.
Read More »Move to Mexico! Where? A Comparison of 10 Places to Retire (+3K Views)
In consultation with highly experienced ex-pats who have lived and/or live in the places that I rate here I have come up with the following list of the top 10 places in Mexico to live and retire and the reasons why:
Read More »Derivatives Are Nothing More Than A “Game” of Russian Roulette! Here’s Why (+4K Views)
Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once. Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time? Now let's play Russian roulette - derivatives style.
Read More »What the Progression of Inflation Means For the Price of Gold (+3K Views)
Inflationary periods are highly unjust. They undermine the ethics of hard work and thrift. They destroy solidarity, lead to widespread hardship and often to social unrest. Gold, in contrast, has been the best hedge as investors seek to protect themselves against the large purchasing power losses of inflated currencies.
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