Silver as an investment

Category Archives: American Express

We Are Already In Depression (If Borrowing Money Is Not Income)

Via Baker & Company Advisory Group, The U.S. economy is not as solid as it appears. Statistical anomalies hide profound weakness. I will examine actual GDP and actual employment. Warning: not for the faint of heart. Do you consider debt as income? Before you answer that, let’s perform a thought experiment. Imagine that you had taken […]

If Amazon Takes Over The World…

Authored by Scott Galloway op-ed via The Wall Street Journal, Four tech giants – Amazon, Apple, Facebook and Google – have added $2 trillion to their combined market capitalization since the 2007-09 recession, a sum that approaches the GDP of India. The concentrated wealth and power of these companies has alarmed many observers, who see […]

Banks Are Scheming To Dominate A Future Cashless Society

Authored by Shaun Bradley via, Visa recently announced its new Cashless Challenge program, which offers $10,000 to restaurants willing to transition into accepting only digital payments.  As the largest credit card processor in the U.S., it’s no surprise Visa is spearheading this campaign. Under the guise of increasing transparency and efficiency, they’ve partnered with governments around the world to help […]

Gold To 2 Month High As Fiery Trump Declares New American Order

Gold price to 2 month high as fiery Trump declares New American Order – ‘Trumponomics’: Politics and economic policy in 140 characters– The ‘intelligence’ according to Trump– Trump, Putin and Russia – the great bromance– Trump – Bull in a China shop– Trade and currency wars with China and other nations– Trump – Fan of gold and golden tweets– Conclusion – Trump may be […]

Gold’s Gains 15% In Inauguration Years Since 1974

Gold’s Gains 15% In Inauguration Years Since 1974 – Gold’s average gains in inauguration years of 15% since 1974– First year of new President frequently a time of increased uncertainties and risks– Gold rose 30% in the 12 months after Obama inauguration– Massive political uncertainty – President’s conflict with the CIA– ‘Strong dollar policy’ to end as […]

Global Stocks Dip; Bond Yields, Dollar Rise After Yellen’s Rate Guidance; All Eyes On Draghi

After yesterday’s speech by Janet Yellen which signaled a path of steady interest rate increases and was perceived as hawkish, the dollar rebounded, Asian shares slipped and government bond yields jumped to multi-week highs on Thursday. European, Asian stocks and US equity futures all decline together with commodity metals while oil rises on the API […]

The Values of Value Investing

This article has been in the works since last November.  It started out as a speech I gave to the Swiss CFA Society.  To me it is an important framework for understanding value investing.  I think the rise of the consulting industry, armed with cheap computing power and an abundance of stock-specific data, has harmed the industry, because […]

US Futures Rise To Session Highs, Set For Another Record Open; Global Stocks Jump

After yesterday’s positive close in the Dow Jones, which hasn’t had a losing day since July 7 and which took the series of consecutive green closes to 8 in a row – the longest stretch since 2013 – the index will look to lock in its 9th green day in a row with futures currently […]

Fed Fails Deutsche Bank And Santander In Stress Test, As 31 Other Banks Unleash Dividend, Buyback Frenzy

One week ago, the Fed released the first part of its annual solvency stress test, which found that all 33 bank participants had passed, and would not need additional capital even in a severely adverse scenario which looked as follows: The severely adverse scenario is characterized by a severe global recession accompanied by a period […]

ZeroHedge: “Frack Master” Busted For Blowing Investor Cash On “Whore Card”

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. Texas businessman Chris Faulkner charmed hundreds of investors and major media companies into believing he had extensive experience in energy markets, but, as Bloomberg reports, it turns out the self-proclaimed “frack master” had none and that at least $30 million […]