“Hong Kong’s ties to Beijing are increasingly forged in steel, and its ties to English common law, freedom of speech and democracy have weakened significantly.” — Ed Feulner, former president, Heritage Foundation A great tragedy is unfolding before our eyes. Hong Kong (my favorite destination in Asia) is no longer “one nation, two systems,” as was […]
“Never bet against America.” — Warren Buffett, 2021 Annual Shareholder Report “I’m not a bull, I’m not a bear; I’m a chicken.” — Charles Allmon (“Maxims of Wall Street,” p. 67) “One nation under God, indivisible, with liberty and justice for all.” – Pledge of Allegiance It is easy to be bearish on America, with all the shenanigans going on […]
“All that glitters isn’t gold, but the really good stuff is.” — Chip Wood More and more institutional investors and money managers are jumping on board the Bitcoin bandwagon. Tech companies, flush with cash, are investing in the cryptocurrency: Starting with Elon Musk-led Tesla (NASDAQ:TSLA) to the tune of $1.5 billion, and Larry Ellison’s Oracle ( NYSE:ORCL ) may […]
“Life is about to change radically.” — Cathie Wood, CEO, Ark Innovation Fund The energy crisis is back! I well remember the energy crisis in the inflationary 1970s, when the intergovernmental Organization of the Petroleum Exporting Countries (OPEC) cut production and gasoline prices skyrocketed. In response, President Nixon imposed price controls, which led to shortages and long lines. While I […]
“I believe there is no better hedge against inflation than Bitcoin.” — Cathie Wood, CEO, Ark Innovation Fund Bitcoin hit an all-time high of $45,000 after CEO Elon Musk announced in a U.S Securities and Exchange Commission filing last week that Tesla, the electric car company, has “invested $1.5 billion in bitcoin” and will soon start accepting […]
****************************************************************** Publisher’s Note: Are you looking for a great Valentine’s Day gift? We were going through some areas of our office and found a box of beautiful rose pendants that were widely popular a few years ago. These are 24K gold and pure silver — a hard combination to find in any jewelry store. Click here now […]