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The dollar's already been in a bear market for almost 10 years, and Porter's theory has as much traction as it did in 1979. It's an incredibly compelling argument... but my gut tells me if you bet on inflation now, you're walking into an ambush.
Porter gave the best speech. He presented a compelling argument that one of the largest companies in America is bankrupt and its stock must go to zero by 2011.
Another option is to send your gold oversees to a private security vault. I like this idea. You keep your gold where it's out of reach of the U.S. government...
A few years ago, Charlie and his wife decided to sell their snowboard business and start a new business. They ditched Aspen. It's already fully developed. They wanted something different and cheaper. They found Cafayate...
Yesterday morning, I had breakfast with one of the largest private gold bullion dealers in the world. His name is Michael Checkan.
There just aren't a lot of people out there who still believe in 100% personal responsibility, small government, and minding your own business. I know Doug and his partners believe in these things.
Doug then explains how inflation, not bankers, caused the financial crisis... why democracy is a terrible way to organize society... how global warming is a hoax... and why most modern schools and universities are a complete waste of time if you're looking for an education.
The weather is wonderful. It never freezes. In the summer, you rarely need air conditioning. Travel connections are great, too. The international airport is two hours away and offers direct flights to the United States and Europe.
Hiding bank notes under your mattress is not a sensible way to invest in cash. The cash doesn't pay you interest, and you run the risk of theft or fire destroying your nest egg.
While demand for cash in America soars, investors have been dumping it from their portfolios as if it were venom...
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