Your Best Asset is What You Bring to the Table
Literally. You are the best asset you've got.
Are you a farmer who can grow a crop of corn or tomatoes? Are you a skilled...
Gold Prices are Soaring: Here’s Why
Owning gold is like owning some insurance in your investment portfolio. When times are uncertain, its price may go up while others are going...
Gold’s 50-Year Price Explosion
Part I
I was there from the start. In early August 1971, I had just joined internationally focused research and trading firm Model Roland &...
A Zero-Rate World Might Imply more Currency Volatility
In The Economist, Buttonwood explains why "a zero-rate world might plausibly imply more currency volatility," writing:
It is natural to think that if interest rates...
The Russian Ruble Crisis
Six years ago, oil was trading at $100 per barrel and the Russian ruble was trading at 35 to the dollar.
Translating that exchange rate...
Gold Please
Below is a chart of the Federal Reserve’s balance sheet. The Fed has gone into money-printing overdrive. Over the last month, the central bank...
The First Big Test for Crypto-Currency Isn’t Going Well
In the face of their first big test since popularization, crypto-currencies are not faring well. Jemima Kelly reports of bitcoin for FT's Alphaville (abridged):
For...
Bitcoin: A Store of Value?
We hear a lot about Bitcoin being the new and improved "digital gold." Bitcoin is a store of value the bulls contend. Maybe, but...
The Silver Lining in the Iran Conflict
Originally posted on Your Survival Guy.
How Early Markets Reacted to the U.S. Airstrike that Killed Maj. Gen. Qassem Soleimani
Yesterday, a U.S. airstrike killed Maj. Gen. Qassem Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps. News of the strike...