Mark Skousen
Are We Heading Toward an Energy Crisis?
So, you think the “Green New Deal” is dead? Think again. Energy prices are soaring not only in the United States but in Europe and Asia as well. The price of crude oil has doubled in the past year and is approaching $80 a barrel. Gasoline prices are over $4 a gallon in some parts […]
Two New Threats to the Booming Economy and the Bull Market… and a Third One is On Its Way
“Taxes are the price we pay for failing to build a civilized society. The higher the tax rates, the greater the failure.” — “Persuasion vs. Force” “Inflation: When nobody has enough money because everybody has too much.” — Harold Coffin (“Maxims of Wall Street,” p. 152) First, I have some good news. Today’s gross domestic […]
Never Sell Stocks on Monday!
When the market plunged on Monday, the situation reminded me of the classic book, “Don’t Sell Stocks on Monday,” by Yale Hirsch. Yale is now in his nineties. His son, Jeffrey Hirsch, who speaks regularly at the MoneyShow, says he is doing well and hopes to celebrate his 100th birthday. In his book, Yale points […]
My Most Successful Technique to Convert Students from Socialism to Free-Market Capitalism
“The philosophers have only interpreted the world in various ways: the point, however, is to change it.” — Karl Marx on his tombstone (1883) My talk, “My Most Successful Technique to Change the Minds of Students about Socialism, Keynesianism and the $15 Minimum Wage,” was voted the #1 popular session at this year’s FreedomFest. I’ve given this lecture numerous […]
To Achieve Financial Freedom, Should You Diversify or Concentrate?
“The really great fortunes were made by concentration, not diversification.” — Gerald Loeb, “The Battle for Investment Survival” “If you have a little, use a rifle. If you have a lot, use a shotgun.” — Anon. The above quote from Gerald Loeb, the legendary investor and founder of E. F. Hutton, is one of two pages of quotes […]
‘Tis The Season To Invest In Gold?
“We should treat market truisms with respect but not as gospel.” — Dick Davis On Tuesday, “MarketWatch” released a seasonal chart showing that September is the best month to invest in gold. Click here to read the article. Nobody knows why September is a good time to buy gold. One gold expert told me that the Indian wedding […]