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The #1 New Year’s Tool for Getting the Life You Really Want

You don’t need New Year’s resolutions. You need a lifetime plan. This is simple to say but difficult to do. I came across a very good article on this. Being a mature man means knowing what you stand for and where you’re going in life. A man always has a plan, especially for something as important as [...]

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Asian Stocks Fall With the Death of North Korea’s Dictator

When a dictator dies, this is for liberty. Liberty is good for free markets. Free markets are good for stocks. Yet stocks fall when a dictator dies. Kim Jong-il has died at age 69. He was the next-to-last Communist. Only the Castro bothers remain. His son is an unknown. Whether he can hold onto power [...]

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Gold Coins: What to Buy, What NOT to Buy

According  to gold coin broker Peter Schiff, you should not buy numismatic coins as your first purchase. Rare coins are for collectors. The person who is seeking a safe haven for his money should buy bullion coins, such as American gold eagles, South African Krugerrands, or Canadian maple leafs. But what about the threat of [...]

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Your Nightmare Scenario Is Too Mild

Karl Denninger sometimes writes some choice stuff. He follows the capital markets. He thinks the endgame scenario in Europe marks the beginning of the end. I’m not equally sure. The New World Order brigade has a lot of inflating to do between now and the end of the inflationary road. Denninger’s summary of the welfare [...]

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Mentally Kiss Your Pension Fund Money Goodbye

The main story of MF Global is that the crisis in Europe brought it down. Wrong story. The main story is that the firm dipped into customers’ paid-up accounts and moved the money. Where to? It’s not clear. How much money? It’s not yet clear. It may be over a billion dollars. This is illegal, [...]

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