As you’re probably aware by now, spot gold is trading at an all-time high in nominal terms, having recently hit $1,977 an ounce. Futures touched $2,000 for the first time ever.
Is the Gold Rally Overdone? Here’s What History Says May Come Next Read More »
The U.S. Mint made an unusual request last week. In a press release dated July 23, the bureau literally begged Americans to start putting coins back into circulation by spending or depositing them.
I Believe Gold and Silver Are Just Getting Started Read More »
Once gold breeches the important $1,900 resistance level, I believe the sky’s the limit.
Gold Is Within Striking Distance of Its All-Time High Read More »
If you’ve listened in to some of my interviews or online presentations since the start of the pandemic, you may have heard me discuss Robinhood, the no-commission trading app favored by millennials. According to the company, the median age of users is 31. Many are first-time investors.
How Robinhood Investors Beat Buffett at His Own Game Read More »
As many of you reading this are aware, our fund family underwent a change recently. On July 1, the Holmes Macro Trends Fund changed its name and strategy to the Global Luxury Goods Fund (USLUX).
Rethinking Luxury During the Pandemic Read More »
Every year around this time, we check in with raw materials for our popular commodities halftime report. This year, it wasn’t even a competition.
Precious Metals Were the Winners in H1 2020… And It Wasn’t Even Close Read More »
Nearly 120 years ago, an American engineer named Willis Carrier invented the very first electrical air conditioner. The device was such a hit that he founded the Carrier Corporation in 1915 to meet demand, making it the world’s first HVAC (heating, ventilating and air conditioning) company.
American Exceptionalism Is Real Read More »
As you may have already heard, the European Union (EU) just released its list of 15 countries that are permitted to visit the 27-country bloc starting today, and the U.S. was not among them.
3 Charts on the State of the U.S. Airline, Restaurant and Hotel Industries Read More »
A “perfect storm” of surging government debt levels, plunging real bond yields, rising coronavirus cases and deteriorating economic forecasts pushed the price of gold to an eight-year high last week, and some analysts now project the metal to top its all-time high within the next 12 months.
This Could Be the “Perfect Storm” that Pushes Gold to a New Record High Read More »
In the very first episode of Mad Men, the critically acclaimed AMC series about the advertising business in 1960s New York, ad man Don Draper is approached by Rachel Menken, the head of a fictional high-end department store called Menken’s. She wants Don’s help in raising her store’s profile.
What Is a Luxury Good? Read More »
