Monday, August 27, 2018

The Euro Currency Is Not Properly Structured

The Euro currency as we know it is not going to survive because. It's not sound, it's not properly structured.

Friday, August 24, 2018

Tuesday, August 21, 2018

We're Getting Closer To A Bear Market

It's been ten years since we had the last bear market and historically we have them more often than that we don't have to have them more often than that but we always have nearly always have so I would suspect we're getting closer.

Thursday, July 26, 2018

Currencies: Turmoil Ahead

Everything may go down against the US Dollar when the turmoil comes and the US dollar goes up a lot. Everything will go down against it but I suspect that the renminbi will go down less than anything else. When those days come, when currency turmoil comes again you're gonna see a lot of strange gyrations.

Further reading:

The Next Recession

Tuesday, July 24, 2018

Gold: Waiting For An Opportunity To Buy

I own gold. I haven't bought any serious gold in a long time because I expect another opportunity to buy gold under $1,000 USD per ounce. If that happens, I hope I'm smart enough to buy a lot of gold because before this is over gold is going to skyrocket. Throughout history when people lose confidence in economies, governments or currencies they have always bought gold and silver.

Related: SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV)

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