This piece entirely deals with what to do with dollars. Of course it can also apply to Francs, Pesos, Yen, Pounds, or what have you, depending on what the economic situations are in the nation in which you reside. I say this, because I receive e-mail from all over the world, even though I do […]
Whenever one makes an investment, it is smart to look at the upside and downside possibilities. To explain, look at the NASDAQ at 5,000. A quick look at the stocks that drove it to 5,000, indicated their potential was pretty meager, if the P/E (price earnings) ratios were checked. Many had zero ratios, and many […]
Economics 101, Logic 101, Physics 101, and every other “101,” says that what goes up, must come down, and furthermore, a balloon cannot be forever inflated, without it bursting. The way I see it, there are two bubbles or balloons. One has already burst: the stock market, NASDAQ in particular. The other bubble is inflating […]
Everywhere I look, it’s the GDP! Graphs and charts about the GDP, and the GDP forever. As if the GDP means something important. I say it doesn’t. Who cares? Why don’t I give a non copper penny about the GDP? I’ll tell you in succinct phraseology, to borrow a term from deceased Paul Ford, who […]
So said David V., a client of mine who, if there ever was someone in the thick of the financial world, it is he. David, on a daily basis, trades the big stuff, for a large New York company. He’s sharp, experienced, and savvy. He’s buying gold and silver as he watches the economic situation […]
