A Reader’s Letter Got Me Thinking… I’m not the only who feels it. I mean, I never really thought I was the only one, but it’s nice to know officially that I am not alone. What I’m on about here is a letter to El Jefe that landed recently. It was from Tony. He wrote [Read More] …
As the Dollar Falls—This Asset Rises
The Day of Harvest Is Coming… “When someone shows you who they are,believe them the first time.” – Maya Angelou The world’s central bankers are showing us who they are. Believe them. Gold has now overtaken the euro as the #2 most-widely held reserve asset inside central banks around the world. The dollar is still king [Read More] …
How Trump Changed My Investing Plans
What I’m Doing Different… You open your brokerage account to check in on your menagerie of stocks and under the “Activity” tab you see this: And on and on. I never get tired of scanning those entries during the infrequent moments that I log into my brokerage account for some random reason. It’s not necessarily [Read More] …
Can China Win the Tariff War?
Yes—Here’s How… The comment was not what I expected. And frankly, I felt sheepishly stupid. I was proud of my purchase: a second phone—a global phone, one that I and my wife at the time could use for the month we’d be living in southern China. We’d spent the past year going through the processes [Read More] …
How China’s Attack on the US Begins
I’ve Been Predicting This for 15 Years… The thing about black swans is that they’re not so much black as they are invisible. And therein lies the big problem: How do you gauge the risk of what you cannot see? Of course, everyone uses the term “black swan” incorrectly. They talk about this and that [Read More] …
