Tuesday Keith Weiner makes the distinction here between the two roles of money. Most people see money purely from the income/spend perspective, but that is not money’s only role, in fact, it is not even money’s primary role. Many things can successfully be used as a medium of exchange; only surplus money (capital) can be used to build more wealth and also convey wealth … [Read more...]
Being Prepared
Wednesday Being prepared is a great virtue, but underneath it sits the ability to successfully predict, the intelligence to formulate appropriate strategies in accord with those predictions and, most importantly, the courage to implement them. Only then can one truly be prepared. Such are the marks of success in all human endeavours. But, how can one 'be prepared' in this … [Read more...]
Gold – The Solution
Sunday My interest in Gold goes back to the 1976 when I panned in the Putumayo Province of Colombia. It drifted from my mind until around 1980 when I again began to accumulate Gold. Then the price crashed and I lost interest again. In 2006 (2007?) I attended a seminar by Professor Antal E. Fekete in Szombathely, Hungary. It was a startling experience and opened up a … [Read more...]