History doesn’t always repeat itself, but the numbers speak for themselves… Major declines commonly lead to higher prices 12 months out.
This one book really helped me understand the thought process of Charlie Munger. It’s over 400 pages of brilliance in a fun and easy format. I’ve read this book more than any other book.
With the current and expected “digit printing” you would think that the “smart money” would be aggressively positioned in gold and silver. But they aren’t yet.
If you didn’t put your cash to work in 2020, then you’re fighting the tide ignited by the Fed.
Gold wasn’t the only thing that set a new all-time high this year. Bitcoin managed the same, punching its way back up to set a new record high of its own at $19,850.
Then the generalist funds were quick to move and locked in their gains in gold stocks post vaccine news.
In such volatile times, let’s see if gold is whispering anything to us.
The Alchemist’s History on Hard Money: The actual scientific chemical reasons that separate gold from all of the other metals on the periodic table.
The people that say the central banks are out of bullets, I think, come on guys, these guys are the greatest magicians in history.