Stock Market Wealth

On November 4th 1995, when I was just eleven years old and in the 5th grade, Prime Minister Itzhak Rabin was assassinated at the end of a peace rally in Tel Aviv by an Israeli citizen.

Today, I want to discuss once-in-a-lifetime opportunities and something that is even more rare than that – a once-in-a-millennia opportunity!

Tamir Pardo is an Ex-Chief of the Mossad.

In my favorite book of all time, a little work titled The Greatest Thing in the World by Henry Drummond, written in 1891, the author talks about the characteristics of the ideal human being. Out of the chief nine traits that comprise this individual and his relentless pursuit of improving upon them, he names ‘Sincerity’ and clarifies what the optimal mind defines as being sincere.

Who knows for how long, but there was a time, lasting perhaps centuries or more, when the majority believed that planet Earth was the center of the universe.

We all know what’s at stake here.

This past Wednesday, the FOMC meeting decided to raise interest rates by 0.25%. It was priced in, well received, and no one questioned the need to make sure inflation keeps trending down in the face of a job market that has been very resilient to aggressive rate hikes.

Gold was already trading at all-time highs against all major fiat currencies, save for the dollar, going into the FED meeting. All Jerome Powell had to say was that the rate hikes had done their part…

It’s done; central banks have given up.

Markets bottomed out in October 2022.