Essential Wealth Articles
The debt load is rising every second and the chances of ever paying it off are non-existent. America’s sovereign debt is approaching $24 trillion and the illusion of a strong economy will soon be shattered.
Retail investors just can’t stop doing what they’ve been trained to do, which is to follow each and every twist and turn in the headlines, buying when the media tells them to and panic-selling for a loss when the trade goes sour.
2018 was an anomaly. The FED overtightened. When clothing retailers are selling their summer products at 50% off, and you are the only one raising prices at the same time, no matter how good yours are in comparison, it creates a problem. That's what the...
The news just keeps getting worse in Hong Kong: daily outbreaks of violence, civil unrest, and an absolute breakdown in the rule of law in what’s supposed to be one of the most stable and important hubs of economic activity and corporate tax shelters.
Seriously, the last few days have been monumental – it’s happening right now and traditional investments are doomed to fail.
Politicians are OUTRAGED right now, seeing gold and Bitcoin up double digits in 2019, at the same time as the traditional stock market indices are down – but we’re making a fortune, betting that the world is headed into currency wars.
Their plan worked out perfectly: the top 1% made it almost impossible for the middle class to work their way out of debt. Many of them transitioned from comfortable lives to paycheck-to-paycheck survival and to utter despair.
All major asset classes are up this year. Seriously, cash has been such a wasted opportunity — the S&P 500 is up more than 20% in six months (first time since 1997), Bitcoin is soaring, and precious metals are up big – it’s a reversal of 2018!