Warren Buffett Admits He Doesn’t Understand This Economy
Iconic investor Warren Buffett’s superpower is the ability to understand how companies work and tell which will generate the most and most consistent cash flow.
Iconic investor Warren Buffett’s superpower is the ability to understand how companies work and tell which will generate the most and most consistent cash flow.
The “European Project” was designed with something like the current crisis in mind. The adoption of a common currency was just the first, politically easiest,
Here we go again. After a couple of big trading sessions, gold – for the sixth time in five years – is approaching the $1,350-ish
There are trillions of dollars of bonds in the world with negative yields – a fact with which future historians will find baffling. Until now
Pushing interest rates below zero is both an act of desperation and something that in theory should have a huge, immediate impact of the behavior
Paying someone in order to lend them money seems kind of pointless. Yet the practice of stashing wealth in places where it yields nothing (and
In the next downturn (which may have started last week, yee-haw), the world’s central banks will face a bit of poetic justice: To keep their
Jay Taylor’s Gold Energy & Tech Stocks Newsletter has unearthed some huge winners lately. Here’s an excerpt from his weekly update that concludes with three
This year’s recovery in precious metals prices – and the sudden spike in gold/silver mining stocks – convinced a lot of people that a new
Deutsche Bank, Commerzbank, the Italian banks…it’s getting ugly across the pond, and the worst is yet to come. Here’s a brief look at the reasons
In the sound money community it’s generally understood that abandoning the last vestige of the gold standard in 1971 gave major countries effectively-unlimited credit cards
Brexit looked like the end of the world — until people figured out that central banks would have to ease in response. Then markets turned
Two short months ago it was generally expected that US interest rates would rise for the balance of the year — a move made possible
Pretend, for a minute, that your country responds to the bursting of a credit bubble by borrowing unprecedented amounts of money and using it to
One of the oddest things in this increasingly odd world is the spread of negative interest rates everywhere but here. Why, when the dollar is
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