Investor CAFÉ Newsletters
Do You Know About This Secret Government ‘Financial Crisis’ Situation Room In the White House?
“The light on Wall Street can at any time go from green to red without pausing at yellow.” — Warren Buffett (“The Maxims of Wall Street,” p. 113) Every October a host of gold bugs and doomsayers predict another stock market crash. The latest is Robert Kiyosaki, the famed author of “Rich Dad, Poor Dad,” […]
Danger Ahead: Why We Are Heading Toward Double-Digit Inflation
“Government is the only agency that can take a valuable commodity like paper, slap some ink on it, and make it totally worthless.” (“Maxims of Wall Street”, p. 152) The Social Security Administration announced yesterday that it will increase monthly Social Security checks by 5.9% in 2022, its largest jump in 40 years. Inflation is […]
Are We Heading Toward an Energy Crisis?
So, you think the “Green New Deal” is dead? Think again. Energy prices are soaring not only in the United States but in Europe and Asia as well. The price of crude oil has doubled in the past year and is approaching $80 a barrel. Gasoline prices are over $4 a gallon in some parts […]
Two New Threats to the Booming Economy and the Bull Market… and a Third One is On Its Way
“Taxes are the price we pay for failing to build a civilized society. The higher the tax rates, the greater the failure.” — “Persuasion vs. Force” “Inflation: When nobody has enough money because everybody has too much.” — Harold Coffin (“Maxims of Wall Street,” p. 152) First, I have some good news. Today’s gross domestic […]
Never Sell Stocks on Monday!
When the market plunged on Monday, the situation reminded me of the classic book, “Don’t Sell Stocks on Monday” by Yale Hirsch. Yale is now in his nineties. His son, Jeffrey Hirsch, who speaks regularly at the MoneyShow, says he is doing well and hopes to celebrate his 100th birthday. In his book, Yale points […]
My Most Successful Technique to Convert Students from Socialism to Free-Market Capitalism
“The philosophers have only interpreted the world in various ways: the point, however, is to change it.” — Karl Marx on his tombstone (1883) My talk, “My Most Successful Technique to Change the Minds of Students about Socialism, Keynesianism, and the $15 Minimum Wage,” was voted the #1 popular session at this year’s FreedomFest. I’ve given this […]
To Achieve Financial Freedom, Should You Diversify or Concentrate?
“The really great fortunes were made by concentration, not diversification.” — Gerald Loeb, “The Battle for Investment Survival” “If you have a little, use a rifle. If you have a lot, use a shotgun.” — Anon. The above quote from Gerald Loeb, the legendary investor and founder of E. F. Hutton, is one of two pages of quotes […]
‘Tis The Season To Invest In Gold?
“We should treat market truisms with respect but not as gospel.” — Dick Davis Last week Marketplace released a seasonal chart showing that September is the best month to invest in gold. Nobody knows why September is a good time to buy gold. One gold expert told me that the Indian wedding season and the […]
Reaganomics at 40: Reagan’s Biggest Success – and Regret
The Heritage Foundation and the Reagan Ranch last week held celebrations of the 40th anniversary of “Reaganomics.” Living economists who participated included Art Laffer, Larry Kudlow, Steve Forbes, Ed Meese, Steve Moore and Judy Sheldon, all long-time friends. In August 1981, President Ronald Reagan signed his signature tax cut legislation, ushering in his four-point program of “supply-side” economics: Cut taxes […]
What Every Investor Needs to Know About Afghanistan and China
“Those who are most loudly criticizing Biden’s troop withdrawal are those most responsible for creating this mess, to begin with.” — Warren Coats, Middle East monetary expert “China’s dictator Xi Jinping is the most dangerous enemy of open societies in the world today.” — George Soros, Wall Street Journal What do Islamic extremism, Chinese Communism and the COVID-19 pandemic have […]
