Blog

I felt a great disturbance in the Force

-- Obi-Wan Kenobi

If you've been watching the precious metals closely – what a day! Both gold and silver plummeted in overnight trading. And by "plummet," I mean the gut-wrenching vertically-straight-down kind of free-fall (silver was down nearly 10% over a matter of minutes). Then, after a few hours of partial recovery and stabilizing, the precious metals went parabolic in the up direction. » Read more

The stories we tell ourselves have great influence over our destiny. These narratives shape our belief system and thus, in turn, the decisions we make.

Find yourself making poor choices? That's likely due to a fallacy in one or more of the beliefs you hold.

Psychology and social science has re-discovered this key learning: We can improve our odds of success in life by improving the stories we tell ourselves. » Read more

The U.S. stock market rally has recently passed its fourth anniversary after the terrifying lows of March 9, 2009.

During that time, massive and unconventional reflationary policy from the Federal Reserve has managed to lift the S&P 500 by nearly 70%. But perhaps even more improbably, it has finally (?) built a floor under U.S. residential real estate prices. » Read more

Few investment/finance topics spark as many strong emotions as gold, for its adherents and detractors are equally committed to their views, and equally unlikely to switch camps.

Adherents view gold as the only real money in a world of constant currency debasements, while detractors don’t see gold as an investment, as it lacks a yield and price-earnings ratio. » Read more