Today I want to talk about myths when it comes to buying precious metals and other hard assets. (1) The 1st myth is that buying gold and silver is just scare tactic. And we see this quite a bit with, investment officers and personal finance gurus saying don’t buy it, someone is just trying to…
In today’s article, I want to discuss why I believe hyperinflation could come and come in the next 5-10 years in the US. Many of the experts scoff at the idea that we could experience it because they say that if it were to happen that the Fed would just raise rates and kill consumer…
In this post, I want to talk the glaring weaknesses in the CPI statistic, which is the most popular number to measure inflation in the US Economy. Also, I want to discuss an alternative we should be using and why I don’t think it is being used. Now I have questions around the CPI and…
Are the Robots Coming for your job? Today I want to discuss the good, bad and the ugly of robots or AI taking over jobs in the next decade. So, it’s been estimated that 400-800 million jobs will be replaced by AI by 2030. And for a historical perspective we have seen this fear aspect…
There’s much blame to around for the student loan debt crisis, but today I want to take a different angle on this as I’m not hearing many people talk about this. Simply stated, there is no accountability from the colleges and universities. Most people know the cost of tuition in the United States has gone…
In today’s post, I want to talk about CBDC’s (Central Bank Digital Currencies) and the myth that is being pushed around privacy. And this is really going to be pretty straightforward. Proponents of CBDCs maintain that anonymity and privacy can be protected with a CBDC. But here’s the rub, the only way that this could…
Why does this calculation need to go? Why do we misuse it? And what is another unemployment rate stat we should be using? Now to start, what’s the solution? I believe the rate needs to be re-worked. It’s got to account for gig work and exclude part time workers. Also, underemployed individuals need to not…
(1) With high inflation, debt is cheaper to pay back. If I take out debt, whether a credit card, student loans, a mortgage or any way, the debt is cheaper to pay back in the future. And the system is designed this way, so people rack up debt, aren’t educated on personal finances and the…
Innovation drives standard of living improvements. In this article, I want to talk about the theory as to why a central bank is needed and then discuss why the logic is wrong. And ultimately one of the main arguments is that cheap money improves the standard of living. According to the supporters of central banks, they believe,…
Welcome today I want to talk about getting more young people into stacking precious metals and why I think they’re not into it. From my experience, most stackers tend to be older , 35-40 and up. So, why do we need more young stackers? (1) The first reason is that young people can market the metals….
