Stock Market Wealth

I get this question constantly: What happened? Why now? Why is gold suddenly invincible?

My father who passed away in April 2023 suffered from one great disease for the majority of his life: he waited to deal with things that were manageable problems when they were small until they became existential.

It’s been nearly eight and a half years since December 15th 2015, when the FED ended its ZIRP (Zero Interest Rate Policy) era and hiked interest rates by 0.25%, as the economic recovery and risks of deflation faded out.

The very fabric of the global economy is coming undone.

Who are they, I always ask myself… Who are they, really?

On Wednesday, March 20th, Chairman Jerome Powell took to stage. What he said in his statement and subsequent Q&A session has helped send gold above $2,200/ounce and exploded my portfolio and indices higher as a whole.

“Be there at 2:30 PM, Lior.” A Swiss pilot and captain at one of Europe’s low-cost airlines who also flies military-grade aerobatic planes (turboprops and jets) told me to meet him at the gate of the Lausanne Airport on the banks of Lake Geneva, and I planned to get there right on time.

Live and let live.

Ross Brawn is considered one of the most ingenious strategists and motorsport car designers in the history of Formula 1. When he joined the Benetton team in 1991, it wasn’t a contender, but with his skills, the team won back-to-back championships in 1994 and 1995 with Michael Schumacher as the driver.

Tolerating stupidity is perhaps the greatest folly of our times.