While tech stocks and cryptocurrencies attracted investor interest in recent years for their potential for fast profits, other sectors look like a better place for those looking to trade now. One area that’s seen some big activity has been in the commodity space.
Investors and traders alike can profit from the swings in commodity prices, which are starting to show their biggest signs of life in over a decade over the past few years amid supply chain shortages, and entire economies being shut down and turned back on again.
Recently, China shuttered some of its production of lithium. That could result in a 10 percent drop to global supply this year… and potentially for longer. Given the demand for lithium in nearly every electronic gadget with a rechargeable battery today, particularly electric vehicles, it’s possible that prices could soar in the months ahead. That could prove a boon for investors in lithium mining names.
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The “Crapification” Of The U.S. Economy
I’ve often addressed the dismaying decline of quality over the past 30+ years. I have attributed this to: 1) hyper-globalization, which pushes manufacturers to buy the cheapest components to lower costs. The failure of any one poorly made… [Read Here]
There Are Strange Things Happening At Goldman Sachs
After reading the Wall Street investment bank’s annual report, which was filed with the Securities and Exchange Commission last Friday, the word “strange” doesn’t seem to do justice to the situation. Goldman Sachs is looking more like a… [Read Here]
March 01, 2022
The weekend saw a number of companies pull their investment and operating businesses from Russia following their attack on Ukraine. And in the US, reports of liquor stores banning the sale of Russian vodka made headlines, even though most spirits are distilled locally even if the brand sounds Russian.
The real headline is the ongoing disconnect of Russia from the SWIFT system for international payments. While Russia has already made moves ahead of the decision to continue trading, it’s part of a bigger sign. In a world where countries can be shut off from the global economy in minutes, much like how protesting Canadians can have their assets frozen for protesting their government, the world is seeing in real-time the need to decentralize their assets for their own safety.
For old-school investors, that bodes well for buying and holding physical precious metals. For younger investors, it’s a clear use-case of decentralized cryptocurrencies. Expect both to benefit from the global turmoil this year.
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3 Crucial Diversification Decisions Can Make or Break Your Retirement
In an interview with wealth advisor Susan Elser, Barron’s discussed the topic of diversification in retirement savings among different types of retirement accounts… [Read Here]
Fed Warns “Bidenflation” Could Turn Into Something Much Worse
Year-over-year inflation hit 7.5%, and the cost of food, gasoline, and virtually all everyday purchases are noticeably more expensive than a year or two ago… [Read Here]
March 01, 2021
Markets closed one of their toughest weeks in months. For many traders, the pain is palpable. But looking at the last month or six months, it’s clear that stocks have been in a strong uptrend. Since nothing ever moves in a straight line, we’re still nowhere near a potential downtrend.
Remember, market corrections of 5-10 percent are fairly common, especially after the great run we’ve had in the market since November. And the move in the bond market, with 10-year yields rising from 1 percent to 1.5 percent, actually marks one of the biggest bear markets in bonds ever, almost as bad at the “taper tantrum” in 2013. And it’s a move that, even if it continues, likewise won’t move in a straight line.
Have you made any changes to your trading strategy in this market?
Hit reply and let us know how you’re handling the increased volatility.
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So Is There a Retirement Crisis or Not? Surveys show many Americans feel unprepared for retirement. Surging inflation, loose monetary policy and Social Security woes abound… So how concerned should you be, and if you foresee your own crisis, what should you do?
March 01, 2020
Good Morning … If prospects want what we have to offer, what do we do to talk them out of it?
Prospects want our products, services & opportunity. Who would not want a better life with more money?
So let’s solve this mystery.
1. Prospects are pre-sold.
2. We talk to prospects.
3. Prospects say, “No.”
Now the problem is easy to see. We talked to the prospects!
So what words do we say that turn prospects off, and activate their sales and skepticism alarms? Do any of these opening phrases sound familiar?
“I just got involved with …”
“Would you be interested in …”
“I have a ground-floor opportunity …”
“Let me tell you about this breakthrough product …”
The solution? Well, we could use better ice breakers, learn how to build better rapport, and talk directly to prospects’ color personalities. But here is an interesting solution that does much more. It is called “soundbites.”
Want to learn great soundbites? Read or listen to 26 Instant Marketing Ideas to Build Your Network Marketing Business. The entire first chapter is about … soundbites!
Today is DarrenDaily Recap Sunday. A collection of the weeks videos from Darren Hardy. Enjoy!
Just off the coast of Newfoundland is a collection of islands that are not part of the province. Indeed, they are not even Canada!
Saint-Pierre and Miquelon are the last piece of French territory in North America.
March 01, 2019
New month, new beginnings … fabulous Friday is here!
I’m always looking for that little bit of helpful information for my iPad, iPhone, or whatever. Usually I try to keep up-to-date by reading, however, today I listened & watch … and learned of these ’25 Useful iPhone HACKS You…’ too should know … while working from my home-office. Enjoy! 😉
March 01, 2017
The Four Color Personalities and how they translate into my life.
Once I had an understanding of “the color personalities” my life made more sense.
A simple over-exaggeration of the personality types might be:
Yellows: Ask them to help now.
Blues: Ready for some action and fun?
Reds: Give them a challenge.
Greens: Stand back and let them digest information.
Each new skill we learn makes the other skills work better. That is why most of the people at the top have higher skill levels. I want to join this empowerment.
If you don’t know the color personalities, it is the first skill that you should learn since it gives them the confidence to talk to others. Why? Because they feel they know more about the ‘prospect’ and what drives people.
How are your color personality skills? If you are like most of us, you didn’t learn these skills in school. If you haven’t mastered the color personality skills yet, and the secret language that goes with the skill, here is a great, easy-to-learn solution.