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I’m Back!

It’s been awhile since I’ve written. I have been very focused on my investment fund, but I feel compelled to write to a broader audience as we enter what I strongly believe will be a dark period in our country. I know this sounds ludicrous as we hit new highs in stocks (as I said we would) and real estate rebounds sharply. But as I’ve always said, assets can and…

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Gold: The Once and Future King

One of the greatest joys of investing is going totally against the crowd and getting it right. Not only does this guarantee the biggest returns, but it shows your are thinking independently. It always surprises me that people get locked into panic mode, as is the case now with gold, mostly because by definition one overdone trend creates a trend of equal or greater force in the opposite direction. Call it…

1st Rule of Investing: Don’t Get Wiped Out

Most people who read this blog are probably concerned about gold, so let me just start off by saying that gold is fine. I am praying for a correction in the $1400-$1500 range so I can buy and plan my retirement somewhere in Asia. Gold is the ultimate hedge against fiscal irresponsibility, and I have seen nothing change on that front. One of the millstone global currencies, the Yen, has…

Discovering the Correct Path in Investing

I made a New Year’s resolution to try writing more, both on my blog and in my newsletter. To be honest, sometimes I wondered why I should write. I used to get in the most ridiculous arguments with people who didn’t know what the hell they were talking about, and it used to piss me off.  I also know that things are going to get so volatile that I am likely to…

Meltdown in America?

Those of you who have followed my blog know that I am not inclined to exaggerate and that I am pretty unbiased. I was the biggest silver bull out there, but also silver’s biggest bear when it started resembling a bubble. I was also the biggest real estate bear, criticizing misguided policies like the first-time homebuyer tax credit along the way, but I packed up everything and moved to Las Vegas to…