The United States has seen four different gold confiscations — the last of which was in 1933. Few people realize that when the freedom to own gold was restored in 1972, the President retained the power to require us to surrender our gold which he can do again any time (probably on a Friday) with the mere stroke of a pen. That means all confiscated gold could possibly be compensated at only $42.22 per 1oz. and not at the world market price. Don’t take this decision lightly. It was another blatant warning that the government may be contemplating grand larceny — AGAIN. Words: 1740
Read More »10 Ways to Build a Benchmark Beating Global ETF Portfolio (+3K Views)
Building your portfolios with low-cost, tax-efficient ETFs is a smart strategy but don't set it on auto pilot. Follow these 10 ETF investment rules to build a global portfolio that will beat the benchmarks.
Read More »Avoid “Losing Your Ass” In the Next Stock Market Correction! Here’s How
At this mature stage of a cyclical bull market, it’s important to avoid allowing your hubris to go haywire - to believe you’re just so damn good that your next goal should be to “beat an index.” I offer 3 ways to let you keep yourself in check - to avoid losing your ass - as markets eventually revert to a mean.
Read More »Dr. Faber and I Concur: There Are Major Reasons to be Very Cautious in 2013 – Here’s What To Do (+2K Views)
Dr. Marc Faber, the author and publisher of the "Gloom Boom And Doom" report is one of the most well-read economists out there. I am of the opinion that his suggestions and investment advice are more realistic than any other economist or analyst we hear and read regularly. The summary of Dr. Faber's latest monthly report suggests that he views 2013 as a year of capital preservation. In other words, Dr. Faber is not very bullish on risky asset classes for 2013. This article discusses Dr. Faber's views and the reasons to remain cautious in 2013. Words: 1494; Charts: 3; Tables: 1
Read More »