An organization dedicated to infusing logical reasoning and science into political discussions
In “Holding Physical Bullion Really Is Investing,” I argued that holding physical bullion was actually investing. I pointed out that gold has grown in value at an average rate of 5.7% over the past half century or so. But I did not address why it increases in value. That was really beyond the scope of […]
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Back in November, I guessed right about Trump winning the election. However, I guessed wrong when it came to the direction the market would go. And I lost a fair amount of money because I failed to take something into account: the demographics of people who are market movers.
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I know people who go all in on one philosophy. They’ll either only look at the fundamentals, or only use technical analysis. Honestly, this is not healthy. Investor sentiment drives the market. And investor sentiment, barring any external factors, follows certain patterns, which is why technical analysis is so useful. But one would have to be […]
ContinueThere is a great deal of excitement in the markets. The S&P 500, DJIA, and Nasdaq continue to break all time highs. But I am very concerned. There are a number of factors which driving the probability of a crash higher. Furthermore, the probability that the crash will be deep is being driven higher as well.
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Back in 2014, Perianne Boring wrote an article for Forbes on inflation. It was a good start. In the article, Boring used the change in supply of money as an estimate for inflation. But inflation is not simply the change in quantity of money. It is the change in its value. In order to estimate the […]
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