May 18, 2020. We have been watching gold, expecting a decline before heading higher. BUT gold is now breaking higher and we are buying a very small ‘starter’ position to start. If it continues upward, we will be adding more. BUY GDX At higher risk, you can look at NUGT which moves two times FASTER THAN that of gold.
General consensus out there says gold is moving much higher. Is gold telling us there is big risk in SPY/DOW??
Are bonds dead? A lot of smart people think so….we doubt it. Link to full discussion.
NOW IN OUR 8TH YEAR. This blog is intended for INCOME investors, NOT growth. Go to the Core Portfolio for current holdings. Don’t forget to hit the like button. This blog is designed for retired investors seeking income.
We like reading Rolling Stone’s Matt Tiabbi. Link full article.
How the COVID-19 Bailout Gave Wall Street a No-Lose Casino
Creepy Joe Story. Link to full article in first sentence.
Kessler, who wrote about the Secret Service in a book titled The First Family Detail, discovered that while former First Lady Hillary Clinton is the most reviled among Secret Service agents, former Vice President Joe Biden comes in a close second.
One of the reasons he was so disliked was his creepy habit of stripping down naked in front of female Secret Service agents to go for a swim.