Today, I really want to put the cards on the table because the numbers that I’m about to reveal are outrageous.
The beginning of the year is always a good time to take personal inventory. I’m not just talking about going over one’s portfolio, net worth, and asset allocation model.
After pumping over $10T dollars in credit into the global economy, central banks have been pulling the rug from under leveraged nations, corporations, and individuals for three years.
There are very few people, who have been able to generate excess returns, compared with an index or a benchmark, for long periods of time.
Gold at $8/ounce is not a typo. It’s real. It is the result of a rare combination of events, which made investors commit gross miscalculations that led to enormous discrepancies between the value of assets and the price at which they are now being set.