Portugal Went Dark… The cheers welled up, distant at first. Then louder. Louder. Louder still… Until a rapturous cacophony exploded on the street below my Lisbon apartment. You’d have thought Portugal had just won soccer’s World Cup. Only… this victory was much sweeter. The lights were back on! And the entire city, my open French [Read More] …
4 “Fallouts” From a Weaker Dollar
“Never wrong—just early.” Way back in my very earliest days in The Wall Street Journal’s Dallas bureau, an editor in New York asked me to step in and fill a void for a reporter who was out sick. I was to write an investment piece for the “Heard on The Street” column—at the time (1993) [Read More] …
Trump Wants to Destroy the Dollar
You Need to Prepare… So there’s this fox… and there’s this goat. And the goat is wandering through a field one day when he hears odd noises nearby. The goat follows the sound and soon comes upon a well and looks in—and sees a fox at the bottom of the well. “What are you doing [Read More] …
How to Spot a Crypto Scam
One Reader’s Horror Story… This is one of those columns I hate to write… But there’s a cautionary tale here in the lesson to be learned. An “Ask El Jefe” email landed in my inbox recently, from a reader who put some money to work in a cryptocurrency trading program. And as he told me, [Read More] …
Could Uncle Sam Confiscate Your Gold?
Even If It’s Held Overseas? Today, we start with a most-excellent question from a reader named Ioanna: I’ve been reading on the internet that no matter where a US citizen holds gold assets (ETFs or bullion) the US government can seize them… So why buy gold and then have to hand it over to the government? [Read More] …
