Doc’s note: For months, I’ve shared essays from my friend and colleague Steve Sjuggerud on his “Melt Up” theory. And today, Steve explains why the Melt Up – and the enormous gains it could make investors – is only just beginning…
I was shocked by how monstrous his house really is…
The legendary investor (known to some as the “Oracle of Omaha”) is one of the richest men in the world. In 1960, he started a partnership with 10 doctors. It’s rumored here in town that each of those doctors now has about $700 million from their initial $10,000 deposits. It’s also rumored that Buffett only put in $100, but transformed that into billions.
Take some time to smell the flowers – and save your memory.
That’s according to new research out of the University of Toronto. Researchers discovered a link between smells and memory. The researchers found a connection in mouse brains between the hippocampus and something called the anterior olfactory nucleus (AON).
“Just when you thought it was safe to own Facebook again…”
That was the opening of an e-mail my friend and colleague Dan Ferris sent me just after social media behemoth Facebook (FB) announced its second-quarter earnings.
I can see it now…
A beautiful 75-degree day on the beach with a slight breeze. No worries about work. Just a nice cold drink in my hand, and the promise of a good meal at the end of the day.
Doc’s note: Most investors know they should be diversified, but they aren’t. And, as my good friend and colleague Steve Sjuggerud explains in this essay from DailyWealth, things have actually worked out well for those investors.
But that is about to change. And if you’re not ready, you’ll ruin your portfolio…
Yield chasers do crazy things.
Especially in the yield-starved environment we’re in today.
What’s the best predictor of a recession?
Economists and PhDs could debate this for days. Some claim consumer spending is the most accurate predictor. Some claim it’s the labor market. And others use a bunch of indicators weighted together, like the Conference Board’s Leading Economic Index.
Doc’s note: The economy and stock market are still booming, but now the financial “tide” is rolling out… The Federal Reserve is now raising rates and unwinding its massive stimulus program for the first time in nearly a decade. Credit is tightening, slowly but surely.
According to my good friend and Stansberry Research founder Porter Stansberry, there’s one major consequence of this that nobody ever talks about.
If you’ve been a long-term, buy-and-hold commodity investor for 20 years, you may not have earned a dime.
Yet… in that period, you could have made thousands of percent gains if you could have correctly traded the commodity cycle.