i understand the arguments for gold, definitely get it.....but still find myself with only 12% of wealth portfolio invested in it. I follow other investment experts who say diversify to minimize risk. I'm curious to know what ratio you would propose for gold versus other traditional investments (stocks, bonds, real estate, etc).
Modern Monetary Theory : infinitely expandable and liquid money supply based on debt, used to tackle the global sovereign and private debt problem, by issuing MORE debt. It's PURE madness!
With our idiot class in power particularly here in Europe we are destined for destruction.This class of idiots gave us Euro15Trillions of negative interest rates in 2014 and they are still on the books.This class of idiots are now marching the sheep to war to cover their behinds because of their collective idiocy in relation to the economy here .They will have our children slaughtered to cover their lies a revolution is needed .This collective class of idiots are well educated so cannot be surprised at their actions well certainly Ursula can't. With war on the very near horizon no part of Europe will escape its tendrils and America will not intervene as they will become isolationist. Farewell to what little wealth we have and our miserable lives.
When central bankers create more currency in 12 months than the previous decade, they're practically begging for a Charles rather than an Alfred. The truly wealthy diversify, but they also recognize which way the tide is flowing.
Hello Egon, this story does leave a deeper impact than many spreadsheets and curves drawn on a piece of paper. Thank you for reminding about the cycles of this paperwork’s. It gives an additional meaning to Germany being a „Scheinstaat“. With your permission I am translating this article into German and share with friends.
Unfortunately the memory of Weimar Hyperinflation is gone, only few stories remembered and traces of inherited trauma left in general population. Best from Germany,
We all love an Egon Story.
GOD BLESS EGON. MATTHEW PIPENBURG
Your stories capture the true essence of investing, valuation and forces of nature. A wonderful read, thank you!
Aesop would be pleased, even if these three stories aren’t technically allegorical.
i understand the arguments for gold, definitely get it.....but still find myself with only 12% of wealth portfolio invested in it. I follow other investment experts who say diversify to minimize risk. I'm curious to know what ratio you would propose for gold versus other traditional investments (stocks, bonds, real estate, etc).
Modern Monetary Theory : infinitely expandable and liquid money supply based on debt, used to tackle the global sovereign and private debt problem, by issuing MORE debt. It's PURE madness!
Great stories!
So true, but most people are not "informed" enough to realize Gold is money and the rest is credit.
With our idiot class in power particularly here in Europe we are destined for destruction.This class of idiots gave us Euro15Trillions of negative interest rates in 2014 and they are still on the books.This class of idiots are now marching the sheep to war to cover their behinds because of their collective idiocy in relation to the economy here .They will have our children slaughtered to cover their lies a revolution is needed .This collective class of idiots are well educated so cannot be surprised at their actions well certainly Ursula can't. With war on the very near horizon no part of Europe will escape its tendrils and America will not intervene as they will become isolationist. Farewell to what little wealth we have and our miserable lives.
When central bankers create more currency in 12 months than the previous decade, they're practically begging for a Charles rather than an Alfred. The truly wealthy diversify, but they also recognize which way the tide is flowing.
Hello Egon, this story does leave a deeper impact than many spreadsheets and curves drawn on a piece of paper. Thank you for reminding about the cycles of this paperwork’s. It gives an additional meaning to Germany being a „Scheinstaat“. With your permission I am translating this article into German and share with friends.
Unfortunately the memory of Weimar Hyperinflation is gone, only few stories remembered and traces of inherited trauma left in general population. Best from Germany,