Essential Wealth Articles
It’s not a small issue but an outright epidemic: inequality has spread like a virus throughout the world and America is no exception.
This is the most challenging and perplexing time to invest in many years. In the span of a week, traders witnessed the worst two-day start to a December since 2008, followed by a remarkable comeback that brought the major market indices back to near all-time highs.
Even though the Federal Reserve’s tightening cycle happened just a year ago, you’d think it was a million years ago by the way they’re behaving today.
The trade war has taken a toll on the U.S. and China, but nobody’s talking about the toll it’s taken on investors – especially those who have made bearish bets against the stock market.
Owning gold isn’t the way we plan on becoming wealthy; it’s a hedge against mismanagement of the fiat monetary system. It’s a foundational holding for the turmoil that will come sooner or later.
Populism is reaching critical mass levels on both the left and the right, so it’s getting hard to see the truth in a haze of anger and political warfare.
The dirty secret in Wall Street is that the path to wealth creation is simple, and most people lose money in the markets because they’re making it way too complicated – and this is exactly how the corporate elites want it to be perceived.
The U.S. government is displaying a level of incompetence that is now reaching a tipping point, and I fear for the well-being of America’s working class, which continues to struggle even while politicians claim that the economy is healthy.