When it comes to your investments, diversification hasn’t worked. The “Buy and hold” strategy has become “buy and hope.” The one asset that could have helped stabilize your portfolio isn’t ever recommended by CNBC or your financial adviser. That asset is gold.
Read More0What Really Backs the U.S. Dollar?
Confused About Gold and the Dollar? Understand Their Relationship Before You Invest
It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold. The premise of the story is used to reveal the fact that the dollar has lost 95%-98% of its purchasing power …
Read More0Is Warren Buffet Right About Inflation?
Iceland vs. USA Economic Analysis
Iceland is in the midst of a crisis and raised interest rates today from 12% to 18%. The Iceland currency, the Krona, which has already lost half its value since January, and has been closed to trading, opened trading today and according to CNBC lost half its current value “boom, just like that.” But if you look at the economic …
Read More0I truly believe a year from now we’ll have many of the answers we’ve all been waiting for. I choose a year from now because once this Presidential political distraction is over with, and we’ve had another year of the continued crack up from the sub-prime mess and more bank failures, and more fed intervention (GM, Ford, possibly the airlines, …
Read More0Getting ready to watch the last debate with the topic of “economics,” which should be good for a laugh. Just wanted to share my thoughts on what the Fed is up to…. Putting yourself into the Feds shoes, I mean literally diving into the crown of Bernanke’s head and becoming “The Fed,” you have to answer “what do we need …
Read More0The Fed Is Relevant…. For Now…. However…..
Is the Fed relevant or do they cause more harm than good? The answer is “yes,” they are relevant, as long as people still think the Fed is relevant. The real question that needs to be answered however, is how much longer can the Fed keep playing this game and pulling the wool over the People’s eyes? The Fed uses …
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