SOMERSET, PENNSYLVANIA—It felt like a carnival. Live music filled the air, burgers and brats were on the grill, and people lined up for amusement park rides. But I’m not taking a day off to play. I’m at my last stop on my Rust Belt Tour—Somerset, Pennsylvania. At The Palm Beach Daily, we travel the world […]
BUFFALO, NEW YORK—Today, I noticed something incredible on my tour of the Rust Belt states. As I cruised along the highway, one minute I saw smoke billowing from factories and trucks hauling heavy equipment on a smooth road… And the next minute, I was bouncing over potholes… factories were shuttered… and weeds were sprouting from […]
How much would you pay for this house? The house is a duplex. I only took a picture of half of it because that’s all you get… the half you see in the picture. The specs are two bathrooms and four bedrooms (although three of the bedrooms barely fit a queen-sized bed and the closets […]
Nick’s Note: Right now, Palm Beach Letter editor Teeka Tiwari sees some similarities between today’s bull market and the bull market of 1990. That summer, the market dropped 20%. But it was a temporary “reset.” By the end of the year, the market was back in positive territory. In this essay, Teeka shares one of […]
Nick’s Note: I got my start in this business as an analyst for Bill Bonner. In the time I worked with Bill, he taught me more about how money really works—and its connection to the economy—than anyone else. In today’s essay, Bill shares his insights into what could be the biggest change in money in […]
Weekend Edition: Your recap of the week’s most valuable and profitable ideas… Monday, June 12, 2017 Three Things Every Pension Plan Member Should Do While the mainstream media focus on the looming insolvency of Social Security and Medicare, the U.S. pension system is quietly on the verge of collapse. According to Moody’s, employee pension plans […]
TORONTO—I’m interrupting my Rust Belt Tour because there’s something happening in the gold market that I need to share with you immediately. It’s so important that I drove over four hours out of my way to Toronto. That’s the home base of Sprott Asset Management. Eric Sprott is a self-made billionaire and a precious metals […]