Nick’s Note: At the Daily, we believe saving money should be part of everyone’s strategy to build wealth for a dignified retirement. But meddling by the Fed has made saving harder for ordinary Americans to do. Today, longtime PBRG friend Bill Bonner explains why that’s the case… By Bill Bonner, chairman, Bonner & Partners Last […]
The recent market pullback caught everyone off guard… And caused a lot of investors to sell in panic. But at the Daily, we were prepared. This past week in we showed you the best ways to build your wealth while everyone else loses their shirts. One of our favorite plays is to scoop up quality […]
I only know of one person in the world who called the recent correction in the market to the day. On Wednesday, January 24, this man sent a letter out to clients warning that the market had become overbought. His proprietary system, which analyzes half a million data points each and every day, showed the […]
Drilling in the country with the world’s largest oil reserves is about to get more profitable… Many people think Saudi Arabia has the world’s largest reserves (kudos if you’re not one of them). It has the third largest. The leader is the United States (Venezuela comes in second). Yes, Americans have more oil reserves than […]
The world’s largest company is about to go public… Saudi Aramco has an estimated market cap of $2 trillion. That’s more than twice the size of the largest U.S. company—Apple. Saudi Arabia owns the company, which is the world’s largest oil producer. Some call it the country’s crown jewel. But now the government wants to […]
Nick’s Note: Now that volatility has returned in force, many investors are wary of the market. But volatility can be your friend… if you know how to use it correctly. That’s why today I’m turning to colleague Nick Giambruno, editor of Crisis Investing. Below, Nick shows you how some of the world’s wealthiest investors made […]
Nick’s Note: Last week, longtime PBRG friend Bill Bonner explained the important concept behind his big-picture analysis. It’s called “reversion to the mean.” In a nutshell, reversion to the mean is the tendency for things to revert to their natural state. In today’s essay, Bill takes his concept a step further… and applies it to […]