Investor CAFÉ Newsletters
Only ONE Emerging Market Is Making Big Money
“Avoid investing in those countries with a high level of socialist or government regulation of business. Business growth depends on a strong free-enterprise system.” — Sir John Templeton (“Maxims of Wall Street,” p. 148) Special Alert: Today I announce the world’s most sought-after speaker at FreedomFest. See below. For years I’ve avoided recommending country funds […]
I Make the Wall Street Journal!
If you read the Wall Street Journal today (4/5/2024), you may have run into my article on gross output (GO). It is a huge honor to be given this privilege, and I hope you enjoy reading it! […]
Three Essential Lessons from the ‘Maxims of Wall Street’
“It’s amazing the depth of wisdom one can find in just one or two lines from your book. I have it on my desk and refer to it daily.” –Dennis Gartman, editor, The Gartman Letter “Every quote is a lesson in finance. It’s my favorite book.” — Kim Githler, president and founder, The MoneyShow Over […]
From Third World to First World: Who Offers the Best Model of State Capitalism?
“Little else is required to carry a state from the lowest barbarism to the highest degree of opulence but peace, easy taxes and a tolerable administration of justice.” — Adam Smith (1755) My wife Jo Ann and I are on the Regent Seven Seas Navigator on the Forbes Cruise to Asia, where I am a […]
What Is My #1 Macro Indicator Predicting?
“Never fight the Fed.” — Marty Zweig “Don’t fight the Fed — fear the Fed.” — Michael Sincere (MarketWatch) The markets — stocks, tech, bitcoin, gold and even uranium — rallied after Fed Chairman Jay Powell maintained his stance to cut interest rates three times in 2024 once inflation has subdued. Since price inflation is staying stubbornly high at […]
The Question You Should Ask Whenever You’re Wrong
“Never bet on the end of the world. It only comes once, which is pretty long odds.” — Arthur Cashin, New York Stock Exchange Floor Manager (“Maxims of Wall Street,” p. 110) Since Joe Biden gave his State of the Union (or shall we say “Disunion”) speech last week, I’ve encountered a plethora of negative […]
Stocks Hit New Highs… Then Bitcoin… and Now Gold: Welcome to the New Roaring Twenties!
“A wise trader never ceases to study general conditions.” — Jesse Livermore, Speculator King (“Maxims of Wall Street,” p. 64) “Too much of a good thing can be wonderful.” — Mae West We’ve just witnessed one of the most successful money-making opportunities in our lifetimes in 2023-24, with record gains in stocks (due to the […]
This Hollywood Story Could Not Be Told Until Now
“When I die, there are two people I want to meet, and one of them is Cleon Skousen. Have you ever read a book that literally changed the course of your thinking and your life? God bless Cleon Skousen for his untiring efforts to bring Constitutional principles back to this promised land.” – Glenn Beck […]
Have You Seen This Amazing Chart? Bitcoin Rules!
“Government is not reason, it’s not eloquence, it is force. Like fire, it is a dangerous servant and a fearful master.” — George Washington (attributed) Happy birthday, George Washington! It’s not often that a chart sends out a shocking message. This one does: The Ideal Inflation Hedge: Stocks, Gold, Real Estate or… Bitcoin? Over the […]
A Defiant Elon Musk on ‘Taxing the Rich’
“The power to tax involves the power to destroy.” –Chief Justice John Marshall Recently, Tesla and Space X CEO Elon Musk was asked about the movement to tax the super rich, who are not paying their “fair share.” Here was his astonishing reply: “It does not make sense to take the job of capital allocation away […]
