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.
By now it’s painfully obvious that we humans tend to ruin our favorite places by overrunning them. And no place makes this point better than
Back in the simpler days of 2019, there was this (now completely forgotten) impending crisis in which emerging market countries’ dollar-denominated debt was going to
From this week’s edition of J Taylor’s Gold, Energy & Tech Stocks newsletter: Gold’s slight correction of 3.99% this week doesn’t say much. But the
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,
Take a world that’s spinning out of control with debt, money creation and pretty much every other measure of financial danger flashing red. Add the
Just a few months ago, California was running surpluses and spreading the wealth around — at least to its affluent voters and public sector employees
The people running states like New Jersey and cities like Chicago know they’re broke. Ridiculously generous public employee pensions – concocted by elected officials and
Lawrence Lepard, managing partner with Equity Management Associates, just published a quarterly report in which he explains — among many other things — why current
Sound money advocates have been proclaiming that “the Fed can’t print gold” pretty much since the end of the last gold standard in 1971. But
James Grant, the venerable publisher of Grant’s Interest Rate Observer, just wrote an opinion piece for the Wall Street Journal that, had it appeared on
The Wall Street Journal just published the kind of article gold bugs dream of seeing in the mainstream press. Here’s an excerpt: Coronavirus Sparks a
Two things about the coronavirus relief checks the government will soon start sending out: First, it looks like they’ll take a while to arrive: Show
I was sitting here writing a post about how even though gold and silver prices are down, dealers are facing shortages of one-ounce bullion coins
Let’s say President Trump is right about the coronavirus “miraculously” fading away as temperatures rise in the Summer. Will things then go back to the
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