Archive for November 2019
Banking Truths
In last week’s post, I discussed the two-bucket approach to managing money. Simply put, this management technique involves putting assets into two different ‘buckets of money’. One bucket contains assets that are stable. This is the deflation bucket. These are the assets that are invested with the objective as to not lose purchasing power in…
Read MoreIs the Dollar Dying?
I have long advocated a two-bucket approach for managing money with one bucket containing assets that will perform well in a deflationary environment and another bucket containing assets that will perform inversely to the US Dollar. In other words, as the US Dollar loses purchasing power, assets in this bucket will preserve purchasing power. To…
Read MoreStocks Up, Metals Down and the Inevitable Reset
Stocks finished higher last week while metals and long-term US Treasuries finished significantly lower. The Dow rose by 1.22% as noted in the databox above while gold declined more than three and a half percent. Yields on the 30-Year, US Treasury Bond rose to 2.43% as bonds significantly declined. My opinion is that there could…
Read MoreDevaluation
Last week, theUS Dollar Index finished lower in what was a pretty good week for markets in general. It’s important to keep in mind that the US Dollar Index measures the purchasing power of the Dollar relative to the purchasing power of the currencies of the six major trading partners of the US. It does…
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