This article explores the recurring patterns of mistakes in investing and life, using the metaphor of flying a kite among trees.
The Precious Metals Week in Review – February 28th, 2025
Amid economic uncertainty, precious metals like gold and silver are crucial for portfolio diversification. Silver, currently undervalued relative to gold, presents a unique opportunity for investors. As market volatility persists, now is the time to consider holding physical precious metals for long-term financial security.
Three Strikes – You’re Out!
In the nineteenth century, the Americans invented a new sport – baseball. At one time thought of by us Britons as a sort of “poor man’s cricket,” baseball eventually became an international sport and, at this point, in virtually any country in the world, the exclamation, “Three strikes – you’re out,” means to all and…
The Precious Metals Week in Review – February 21st, 2025
Sen. Rand Paul invites Elon Musk to inspect the largest U.S. gold reserves at Fort Knox. Musk’s questions about the gold supply have sparked speculation about a potential review. Fort Knox stores over 147 million troy ounces of gold, serving as a financial hedge against economic instability. The last inspection was in 1974, with another one in 2017. Conspiracy theories persist regarding the vault’s actual gold content, leading to renewed interest in transparency.
The Precious Metals Week in Review – February 14th, 2025
Gold prices have surged to new heights, reaching nearly $3,000 per ounce, as safe-haven demand grows amid global economic concerns. With technical bullish trends in both gold and silver, investors are closely watching the metals’ next moves. Meanwhile, uncertainties surrounding global policies continue to stoke marketplace anxiety. Silver prices are also showing strength, with bulls eyeing key resistance levels. As the markets respond to economic turbulence, precious metals remain a trusted hedge, driving investors to seek refuge.
The Cycle of Freedom
Alexander Tytler’s theory on the cyclical nature of democracy outlines how nations progress from bondage to liberty and eventually back to dependency and bondage. This Freedom Cycle, driven by human nature, suggests that no country can escape this inevitable fate.
The Precious Metals Week in Review – February 7th, 2025
Gold reached an all-time high, driven by increased central bank purchases and investor demand for safe-haven assets amid global uncertainty and tariff threats. Futures prices also rose, with bulls having the advantage as prices trend upwards. Central banks accelerated gold buying in response to inflation and geopolitical tensions.
The Precious Metals Week in Review – January 31st, 2025
Gold continues to outperform the weakening Canadian dollar, hovering near C$4,000 as the Bank of Canada lowers rates and ends quantitative tightening. Meanwhile, tech stocks struggle due to concerns over AI competition, and U.S. bonds rise as investors seek safety amid market volatility.
The Retention of Wealth
In turbulent economic times, retaining wealth becomes paramount. Precious metals and overseas real estate emerge as safe havens to preserve value. As governments grapple with economic challenges, investors should consider jurisdictions with minimal taxation and legal interference to safeguard their assets.
The Sky is Falling
Governments are in the flim-flam business. Pared down to the bare essentials, governments can be very useful in passing and enforcing a small number of very basic laws.