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Financial Panic Lurks Around the Corner

As we enter the 2nd half of the year, I will become a lot more serious in my warnings that something monumental is brewing. Sure the stock market is rallying, which I warned it would, but this is not a sign that our economy is out of the woods; it merely shows that capital is already looking for a hedge against sovereign debt. What I’m telling you is the truth,…

Bonds: The Most Important Asset Class

Bonds are without a doubt the most important asset class to grasp in this particular crisis. The fundamental problem with bonds is that our leaders had this genius idea that they could spend and spend year after year without repurcussions. As I’ve said before, this is a failure in our political system because the only way to get elected is to spend, spend, spend. And when the crisis does arrive?…

Gold

Today I will talk about the most divisive asset class of them all– gold. Even though real estate has been crushed, the general thinking still is that real estate is a good long-term investment. Bonds are still a viable investment for many people, as evidenced by falling yields. But gold? Good luck trying to convince people on that one. The most common arguments against gold I hear are: Isn’t gold…

E-Book Announcement and Some Thoughts on Real Estate

This week I will be writing about 3 asset classes: real estate, gold, and bonds.  I’ll write general public posts and then have e-books ready within weeks with some more information. Today I’m going to talk about real estate in the United States. To do well in real estate you don’t need a degree in economics or anything like that. What you do need is a good dose of common…

The Proper Thought Process for the Debt Crisis

As we enter truly perilous times, it’s important to have the right thought process. One of the reasons I hesitate to give trading recommendations is because it doesn’t prepare you for the future. It doesn’t help you think on your feet. The only people who will prosper in the years ahead will be those who can make connections that aren’t obvious. Learning is not about memorizing a whole bunch of…