The Glorious FANGS
The term “FANG” refers to the four popular technology stocks: Facebook, Amazon, Netflix, and Alphabet (Google). Just about everyone with an employer-sponsored IRA owns these stocks through the mutual funds and ETFs in their portfolio. The acronym FANG makes a word (fangs) that conjures up images of predators ripping apart…
The Power of Narrative
Powerful people know all about narrative. It is the greatest tool in their arsenal. If you can get people to believe what you want them to believe, then you can control their attitudes and behaviors. Narcissists are masters at using narrative to push their agendas and get what they want….
The Greatest Illusion of this World
It’s right in front of us, but we do not see. I’m not talking about the coronavirus or the bailout packages or the stay-at-home orders. Nor am I talking about the banking issues, small businesses going bust, mega corporations in trouble, or all the unemployed. The “Titanic” (fiat financial system)…
What the media isn’t telling you…
While the pandemic is the main focus of the media now, there’s something else going on behind the scenes (the impact of U.S. dollar losing its status as world reserve currency). The U.S. has been insolvent for a long time now. Technically, America is bankrupt, but the world is still…
Bankruptcy or Bailout?
The Dow Jones was extremely volatile Monday thru Friday. In percentage terms, it was the worst week since the 2008 financial crisis. Down 4000 points, it had the largest weekly drop ever. Although I have been worried about a stock market crash for a long time now, and everyone was…
Gold and Oil: the highest echelons of international finance
Yet again, a wild week on Wall Street! Stocks swung hugely both up and down, while oil was crushed to mind-boggling levels. Why? Coronavirus has people fearful of collapsing demand and Putin would not agree to production cutbacks. This is likely Putin’s way of getting even for America’s interference in…