Tao Economics

Navigating Economics Cycles for Preservation and Survival

Great interview with George Gammon. One note I wanted to call out around the 50 minute mark. George talks about what the pros do versus retail investing.

Watch the interview here:

..most retail investors I would argue spend 99% of their time trying to figure out what to buy or what not to buy and they spend 1% of their time on the portfolio management the money management or the risk management and from what I can tell the pros do the exact opposite

It's worth watching the entire interview.

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Silver Hitting Extremes

- Posted in Precious Metals by

The silver/gold ratio is hitting 90 and above again. As you can see from the long term gold/silver ratio chart these are extreme levels where silver is cheap compared to gold.

The large spike from covid can be somewhat misleading as even though the spot price tanked, premiums over spot sky rocketed.

While the silver chart looks messy, buying today is a good deal for the long term. Right now it's in the $22 range: https://finviz.com/futures_charts.ashx?t=SI&p=d

The move is from public (gov debt) to private assets. So any private asset that looks cheap buy it.

For online buying just go to APMEX's deal page: https://www.apmex.com/deals

Cheers