“King of the Currencies” No More?
The World Moves Beyond the Dollar… If you don’t fit in, then you’re probably doing the right thing. – Anonymous Clearly, I do not fit in. For more than a decade now, I’ve been telling my readers about the China/Russia tag-team effort to launch a new, global reserve currency backed by hard assets. And for more…
Norway Bets Big on Crypto (And Why You Should Care)
Plus: My Goose-and-Gander Theorem Explained. News out of Norway today, which probably means nothing to nobody. But it should—because a much bigger message hides within. You’ve probably heard of Norway’s Sovereign Wealth Fund—the world’s largest such fund with assets approaching $1.7 trillion. That’s a lot of dinero, all derived originally from a very forward-thinking federal…
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China’s Ghost Cities—Revisited
Three-Generations Planning in the Far East… Changsha, China Many a moon back—let’s call it 2011—I was in Changsha, China. I was on a research assignment, digging into a big topic of the day in the West: Chinese ghost cities. Newbuild cities all across China had been labeled “ghost cities” by the Western media because so…
Kamala’s Crypto U-Turn
The Democrats’ Most Inevitable “Reset.” A week ago, we didn’t know. Today we do. And the message is this: Buy crypto. No two ways about it. Last week, I sent you a dispatch detailing the crypto positions of the leading presidential candidates. With Trump, it’s a largely pro-crypto outlook, in part because he’s bullish on…
Conservative Investor in Search of Growth
You Could Put 5% Into This Asset. I own a lot of gold. I own a lot of Swiss francs. Relative to my entire nest egg, those two assets represent about 45% of the financial assets I own. And, so, people who learn of this fact assume that I am extremely conservative with my investing.…
Crypto Is Good for the Dollar—Here’s Why
A Halfway Decent Idea From a Former House Speaker… Paul Ryan for president! OK, that is not actually an endorsement or a political statement. It’s more an expression of euphoria that there’s a politician out there with a halfway decent idea… Ryan, if you haven’t seen, published an OpEd in the Wall Street Journal recently…