The Democrats were early adopters of the ‘deficits don’t matter’ flapdoodle. Once in power, Republicans found it useful, too.
Stocks are greatly overrated. You could have bought the whole Dow in 1928 for 10 ounces of gold. Then use those same 10 ounces to buy the Dow again in 2013.
Central bankers usually add gold to their reserves to diversify, and to provide a hedge against inflation. According to Bloomberg, central banks now hold about a fifth of the gold ever mined.
We take a trip through France, and we consider what history has to teach us about the fallacy of relying on the bull market to make you rich.
From cryptocurrencies to gold, there’s never been a better time to be an investor. But be warned: it’s a wild jungle of opportunity and risk out there.