The True Definition of Wealth is Not Society’s Definition of Wealth

The true definition of wealth is not society’s definition of wealth. When society discusses success and wealth it is overwhelmingly often within a singular focus that revolves around material success and consumerism. The more one consumes and the more luxury items one owns, the more society reinforces the behavior and the perception that one is … Continue reading The True Definition of Wealth is Not Society’s Definition of Wealth

What to Expect from the FOMC Today and More Fiat Currency Destruction

the indomitable currency purchasing power destruction machine Let’s quickly discuss what to expect from the FOMC today at 2PM in New York. It’s time for the wizard behind the curtain to decide how to move asset prices again in our “free” market with US Central Bankers announcing whether or not they will cut interest rates … Continue reading What to Expect from the FOMC Today and More Fiat Currency Destruction

The Greatest Threat to Wealth Preservation is “It Won’t Happen to Me” Syndrome

The greatest threat to wealth preservation is "It Won't Happen to Me" syndrome. Before I start today’s article, I just want to clarify one statement from my article about diversification, from three years ago, in which I discussed how most gold and silver mining stocks were still undervalued heavily by comparing the cumulative market cap … Continue reading The Greatest Threat to Wealth Preservation is “It Won’t Happen to Me” Syndrome

After Yesterday’s Gold and Silver Price Smash, What’s Next?

' Five days ago, on my blog, I posted an article titled, “The Short-Term Outlook for Gold and Silver”, and posted the following prediction, “In the short term, I would not be surprised to see gold pull back to $1,480 an ounce and silver below $16.80 as bankers have a vested interest in pushing silver … Continue reading After Yesterday’s Gold and Silver Price Smash, What’s Next?