A Secret to Creating Wealth

Dear Reader, I was barely out of high school when I purchased my first rental property at age 18. When I was a teenager, I spent hours a day with a mentor who owned businesses, rental property, and traded on the stock market. My mentor never told me that I couldn’t do anything; he just…

A Powerful Source for Wealthy Living

Dear Reader, I recently read a very sad story about Venezuelans crying at the sight of fully-stocked grocery shelves. After having the Colombian border temporarily closed, upon the re-opening, pregnant women, children, and other Venezuelans wept as they entered the supermarket. These tearful people had gone weeks without basic food items and personal essentials. This,…

Decades of Wealth Destruction

Dear Members, For the last ten years the largest gold producers in the XAU have destroyed shareholder value! They have: Increased aggregate net debt from $1B to $41B Increased common shares outstanding by over 100% by carpet bombing investors with paper (2.07x) Yet estimated gold production only rose from 38M oz to 43M oz for…

Southwest Airlines May Be On The Edge

The airlines industry should serve as a reminder just how quickly and dramatically things change on Wall Street. Publicly traded stocks of major airline carriers were the toast of the town during 2013 and 2014. Southwest Airlines Co. (NYSE:LUV) saw some of the biggest gains in the sector. Throughout most of 2012, LUV stock was…

The 74-Trillion Dollar Question…

Dear Reader, Of the nearly 800 trillion in the derivatives markets, Deutsche Bank owns approximately 74 trillion! This bank is doomed! Even the IMF recently said that Deutsche Bank is the greatest risk to financial stability. “Among the globally systemically important banks, Deutsche Bank appears to be the most important net contributor to systemic risks,…

The Message from Bond and Stock Prices

Dear Reader, Stocks are at all-time highs, and so are bonds. Although, this is happening for two very different reasons: stocks are at all-time highs because the markets are pricing in more stimuli from central banks, as well as the fake jobs numbers that point to an economy that is, at least on the surface,…