Who owns the stock market?
Last week, I spent a good amount of time reading articles and watching documentaries featuring the smartest and most experienced investors. Scott Minerd, Global CIO of Guggenheim Investments, captured the gist of it: “This will eventually end badly. I have never in my career seen anything as crazy as what’s…
How negative interest rates will destroy the U.S. dollar
What a year! As you have probably heard, the Fed is pumping billions into the repo market weekly to keep the banking system from freezing up and malfunctioning. National debt is increasing at a rate of 80 billion a month. Fed chairman Jerome Powell has lowered interest rates and assured…
Study Abroad Map
With holidays, and the start of the new year, I didn’t get a chance to announce my latest book, Study Abroad Map: The complete student guide to college beyond the USA. It’s really the fourth edition of Study Abroad 101, with a makeover that includes my new-founded investing knowledge. I…
Something to know about U.S. Treasuries
My jaw dropped when I heard this story. A friend of mine was in his early career on Wall Street; he was a trainee under a man by the name of Kevin, the Managing Director of the Govt Bond Trading Desk. Interest rates had just reached 15% on the 30…
The Biggest Company in the World
The biggest company in the whole wide world started off as a custodial business for physical gold and silver. People entrusted the company with their physical gold and silver in exchange for paper IOUs which they could use to barter for goods and services. In 1944, the company held more…
The Treasury of God
The following scriptures from the Bible describe how the Israelites took down the city of Jericho by following God’s detailed instructions. There’s more to the message than the battle, and once again, the number seven plays a mysterious and significant role. And ye shall compass the city, all ye men…
What happened to our savings?
I remember being nine years old with a big wad of cash. In 1980, I had earned allowances over the years and was growing and selling strawberries for a profit. While my brother was a big spender, I was a big saver. I understood the benefits of saving, especially after…
Market Games and Gold
I’ve been trading gold miners for about three years now, and I’ve observed first hand how easily these guys are thrown around by manipulation in the price of gold. There’s paper gold and there’s physical gold, both the same price in the stock market. The idea is that gold is…
The Significance of 7
There are 7 colors in a rainbow, 7 days in a week, and 7 Wonders of the World, not to mention Snow White and the seven dwarfs. According to Numerology.com: “The number 7 is the seeker, the thinker, the searcher of Truth (notice the capital ‘T’). The 7 doesn’t take…
Three things to watch in this tumultuous stock market
Gold is still low, and the gold miners are incredibly undervalued at the moment, while most equities are extremely overvalued. On Tuesday, the Dow lost 800 points. Will it continue to fall or will it rebound again? Here are three things to watch… 1) Market Cap to GDP Ratio, otherwise…