Ripped Off…Royally!

In a recent USA Today article entitled “Cash is King for ex-CEO of Pimco,” we are told that the former CEO of PIMCO, Mohammed El-Erian, is “keeping most of his money…in an unusual place – cash.”  El-Erian explains, “That’s not great, given that it gets eaten up by inflation.  But I think most asset prices (Continued)

An Asset for the Keeping…and Nurturing!

Recently, a money manager that I otherwise greatly respect, said this rather despairing, if not delusional, statement: “Ultimately, there may be no such thing as a safe asset anymore and investors may want to take a diversified approach to something as mundane as cash.” [Emphasis added] The Rising Dollar Myth by Axel Merk. I know (Continued)

Silver Bullets, Silver Linings and Silver Savings

At the risk of being misconstrued, I will be short and to the point in this blog: There are no quick fixes to the problems plaguing our society, its government or our economic system.  Just as the sky did not fall in the morning after we re-elected the one who is arguably the worst president (Continued)

Bubble-Gum Face and Other Inflation Tragedies

So many of us have done it. Eight years old, half a mouth full of bubble gum and our friend challenges us to a bubble blowing contest: Biggest bubble wins. So there we go, blowing harder and bigger until that bubble is double the size of our head. But still not satisfied, we try that (Continued)

Time To Take Stock…Just Not Wallstreet’s

Blogger’s note: This message was originally sent out in July, 2008, at the height of that year’s market meltdown. During times of economic and market turmoil like we are seeing today, I invariably get asked: “Is it time to cash out and head for the hills?”  What they are really asking is what does the (Continued)