Category Archives: Economy
How to Accumulate Wealth
On Wednesday we drove out to San Bernardino to meet with a client. It was warm, gray, and gloomy. Nothing like the blue sunny skies and cool breezes we left behind us at the beach. Nonetheless, it wasn’t the dreary … Continue reading
Why Gold Is Going Higher
Several weeks ago the gold market took it on the chin…falling from $1,540 per ounce on May 4 to about $1,480 per ounce on May 17. Since then gold has quietly been making its way back up the charts. Yesterday … Continue reading
Ending the Business Cycle with Guesswork
In the fall of 2010, the U.S. economy had been in recovery for about 18 months. At least that was the official word from the National Bureau of Economic Research, which dated the recession from December 2007 to June 2009. … Continue reading
Shooting Monetary Blanks
Severe storms in the Midwest and South are flooding out levees and riverbanks at a rate not seen in 74 years. From what we gather, if levels rise much higher at the confluence of the Ohio and Mississippi rivers the … Continue reading
