Hedge fund wizard: writing market magic in stealth mode, because even financial superheroes need a secret identity.
Tuesday, July 25, 2017
Asian Education vs American Education
Global Economic Summit: Jim Rogers argues that Asian education is better than American education in nowadays.
Friday, July 21, 2017
Benjamin Franklin: Liberty and Security
I don't know if you remember but Benjamin Franklin said during the American Revolution that people who give up liberty for more security usually wind up with less liberty and less security. It happens with us as well.
Investing: Some of the Things I'm Doing
Some of the things I'm doing:
- I'm investing in agriculture
- I've got some precious metals I'm not buying them now because I expect more problems in precious metals first
- I own a lot of US dollars because people when their problems they look for a safe haven and the US dollars still considered a safe haven by many people.
Tuesday, July 18, 2017
When Things Go Wrong People Reverse To Gold And Silver
Through out history people reversed to gold and silver when things go wrong and they will again. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))
People Should Have Some Money Outside Their Own Country
Everybody should have some money out of their own country as an insurance policy if nothing else, and also own some precious metals as an insurance policy too. (SPDR Gold Trust ETF (GLD), iShares Silver Trust ETF (SLV))
Exchange Controls In The US
We may even have exchange controls in the United States the next time the US Dollar starts going down dramatically. I am sure they will impose exchange controls in the US.
Monday, July 17, 2017
Higher Interest Rates Will Cause A Market Collapse
The central banks have already told us that interest rates are going to go higher. America has already raised interest rates a few times. So far there has been no collpase in the markets but that is because interest rates are not high enough to hurt people, yet. Interest rates are going from zero or from negative in some cases to up a little bit but not enough to hurt yet but when they get higher it is going to hurt. Then everybody is going to suffer.
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