So, this obviously begs the question as to why would someone place a higher multiple on an earnings stream which is seemingly declining, highly uncertain, and likely much more volatile than in the pre-COVID world?
If we are to survive this chaotic epoch, it is incumbent upon the individual to act, that he or she takes matters into their own hands and become as independent from the system as they can.
You can fool most of the people for quite a long time and sadly the world will only realise that all of this was only possible due to the biggest swindle in history...
Interest rate repression means investors can't hedge the inflationary risk of $11 trillion of fiscal stimulus via "short bonds", investors crowding into “short US dollar”, “long gold” hedges.
Senior editor Ash Bennington is joined by editor Max Wiethe to reflect on a week of divergent price action. Ash and Max analyze the extreme rallies in precious…
Sclerotic, hidebound institutions optimized for linear stability and permanent growth are simply not designed to adapt to non-linear change and disruption of permanent growth...
If you have been around the markets for any length of time, you can quickly spot the “pigeons at the poker table.” They are the ones that rationalize why prices can only rise, why “this time is different,” and focus only on the bullish supports.
