Every two or three weeks, I see another article published on how Warren Buffett’s holding company, Berkshire Hathaway, is underperforming the S&P 500 and how his cash pile of over $128B is a giant waste – since it could be making his shareholders a fortune, had it been invested in this late-stage bubble surge.
In 2019, the Federal Reserve’s stimulus packages – which SHOCKED the markets, since they represented a full U-turn in terms of policy, compared to the aggressive tightening in 2018 – were one of the primary reasons that the stock market soared by so much.
“He’s a person who executes” – that’s my first response when asked what I think of President Trump. You may like him or hate him, but he is a most impactful man.
I’m looking forward to another year of market-beating returns and INSIGHTFUL strategies. I’m already putting together my list, and there’s a gold company that you need to watch very closely.
You’ve got to sift through literally hundreds of stocks to get to the really good ones. It’s time-consuming, but I don’t mind doing the legwork because those few outstanding companies deserve to be in the spotlight.
The Federal Reserve is a gold owner’s friend – not a friend you can trust, but we can count on the FED continuing to slash interest rates in order to make the national debt larger. After three consecutive interest rate cuts in 2019, the FED’s intentions are clear, and while this isn’t great for the economy, it’s a gift to the gold market.