When I coach investors and traders, I’m often asked what I think are the most common, most ruinous mistakes that investors make. Unfortunately, there are a lot of them.
There are mistakes like risking too much money on a single trade or investment … not using protective stops … not using disciplined money management … trading too often … not…
While gold and silver are temporarily back in bear markets, the collectibles markets remain largely in a bull market, a sign of the times.
For instance, the rare coin market continues to go nuts. Some examples of record sales include …
– A 1794 Flowing Hair silver dollar, for a whopping $10,016,875
– An 1804 Type I silver dollar for…
It seems Pope Francis gets it. Perhaps he’s even following my work. And he’s right: World War III has begun.
Speaking Saturday at Italy’s largest war memorial, Pope Francis said the spate of conflicts around the globe today were effectively a “piecemeal” Third World War, condemning the arms trade and “plotters of terrorism” sowing death and destruction.
“Humanity needs to…
||+100.83 to 17,131.76
||+14.85 to 1,998.98
||+33.86 to 4,552.76
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||+$1.94 to $94.86
Regardless of what the near term may bring, the long-term outlook for gold has not changed. It’s still subject to powerfully bullish forces that will ultimately drive it to $5,000 an…
How would you like it if you had, say 500,000 euros in a European bank and …
A. You are earning less than 0.01 percent on your money.
B. Worse, every one of your euros over 100,000 is subject to confiscation should your bank fail.
And if that’s not bad enough …
C. You see your country’s leaders getting ready…
The markets of late have been like watching paint dry.
I’ll address them in a few minutes.
But first, let me tell you about some reflective thoughts I had while watching the markets this past week.
Thoughts about what a mess the world is in. There’s a whole lot going on that I don’t like one bit at all.
What a mess the world is in. China, occupying the South China Sea, the Senkaku and Spratly Islands, hunting down oil and gas, ignoring territorial rights of others, ready to wage a war if need be.
Russia, arming itself to the teeth along Ukraine’s border, ready to invade. Scaring the dickens out of the people of Estonia, Latvia, Georgia, Poland…