Archive - December 2017

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Gold

6 Reasons to Bet on the U.S. Dollar in 2018

I love the gold bugs! They’re steadfast in warning that you can’t live on perpetually-expanding debt… or money printing… or zero interest policies. Mainstream economists have been lulled into believing

Currencies

Bitcoin Isn’t the Bubble It’s the Pin!

I wish I could take credit for that perfect description of Bitcoin, but I can’t. That goes to JP Research. This Bitcoin bubble will be the “pin” that bursts the

Investing

An Epic Year

What an epic 12 months it’s been! I’m not talking about Trump, natural disasters, or the Bitcoin bubble. I’m talking about 10X Profits! We launched this service, originally under the code

Retirement

The Most Useless Number in Retirement Planning

What’s your number? No, I’m not planning to ask you out on a date. I’m sure you’re a lovely person, but my wife has a South American temper and is definitely the

Economy

When the Tree Falls Down… or the House Floods

In 1990, my wife and I celebrated our first Christmas together. We were broke. We had enough to eat, but I balanced our checkbook to the penny and we carried

Central Banks

The Fed’s Win Rate is Still Near Zero

I’m excited for the new year for many reasons but I’m also thankful for a great 2017. Since this issue of Economy and Markets will be my final one of

Currencies

Bitcoin’s Downside: Know the Risk Before You Plunge In

On Tuesday, I showed you how the bitcoin bubble looks a lot like the internet bubble that inflated in the final phase – the orgasm – of the great tech

Investing

Finding Good Buys in a Pricey Market

As we approach the New Year, markets are (mostly) reveling in the festive spirit, following the seasonal trend known as the Santa Claus Rally. However, most people I know find

Currencies

Looks Just Like the Late Stage Internet Bubble into 2000

Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth to chase it. Wealth is

Housing Market

What Really Drives the Housing Market

In the summer of 1992, my wife and I lived in Dallas. I had just turned 26 and had two years of marriage under my belt. My career was moving