The dollar is losing its reserve status at a faster pace than generally accepted as many analysts have failed to account for last year’s wild exchange rate moves, according to Stephen Jen.
The People’s Bank of China has told major state-run banks to prepare to shed dollar holdings while snapping up offshore yuan, which has continued to fall despite prior interventions, sources told Reuters.
On September 12, Russian President Vladimir Putin stated that, given mounting economic sanctions, full “de-dollarization” of the Russian economy is only a matter of time.
The Fed took an unprecedented as well as illegal action on Russia that constitutes economic warfare and may easily start a currency crisis or something even worse.
If you’ve ever been in a crowd when something surprising happened … or even in a game of musical chairs, you know … … people respond VERY differently when stressed. Some think, decide and act very quickly. Experience, confidence, coaching, and maturity are all factors. Then there are those who act quickly … without thinking. It doesn’t always end badly, …
Mega-billionaire investor Warren Buffett made big news recently when he made a move into gold mining shares … while dumping big banks and Goldman Sachs. This surprise move is notable for several reasons and there are important lessons and actionable insights for Main Street real estate investors. While we could dive into how this move is being construed by some as a vote of …
Six valuable lessons from Warren Buffett’s shocking move … Read More »
As Ernest Hemingway famously wrote in The Sun Also Rises … “How did you go bankrupt?” “Two ways: Gradually, then suddenly.” Of course, this isn’t the only great excerpt from this classic book … “Everyone behaves badly … given the chance.” These two excerpts sum up the world’s financial condition … and the policymakers who’ve been driving …
If you’re wondering which way the financial winds are blowing … look to the news! From the rollercoaster ride of the stock market, to negative interest rates on mortgages, to big moves in gold and oil … it appears the winds are changing. Something is coming. Savvy real estate investors are reading the signs and …
Clues in the News – Stocks, Negative Rates, Oil, Gold and You Read More »
A long, long time ago in a world without video games, we played a boardgame called Mousetrap. Since a picture’s worth a thousand words … As you can see, Mousetrap is a pretty elaborate set up where an initial action sets off a chain reaction of subsequent actions … … until finally the unsuspecting mouse …
It’s your questions and our answers. That’s right. It’s time for another segment of Ask The Guys … when we hear about the real-world challenges investors like YOU face every day. We have another great collection of questions from our loyal listeners … covering everything from infinite returns to gold, proper reserves, compressed cap rates, …
Ask The Guys – Infinite Returns, Gold, Cap Rates, and Cash Flow Read More »