Mon, 30 March 2015
The more crazy the world gets, the wiser Bix Weir gets. His Road-to-Roota theory may have seemed absurd a few years ago, but it's seeming more and more likely as we approach the final crash. Now you can read all about it in his new book Silver, Gold, Bitcoin…and God! Just when you thought things couldn't get any crazier, you've got Alan Greenspan going around singing the praises for gold and the Bernanke opening a Twitter Account. Next thing you know Obama will start playing the Silver Futures Market! But seriously, the book is great and it's quite humorous too. You owe to yourself to purchase a copy.
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Mon, 30 March 2015
John writes that as healthcare costs are rising, personal income isn't. Many other costs such as car insurance, homeowners insurance, college tuition, etc., keep rising. So while the wealth effect of rising asset prices keeps the rich feeling richer, the reverse wealth effect keeps the rest of us feeling poorer. Eventually something has got to give. What it will be is the question. Will we wind up like Greece?
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