Technical analysis is right 55 percent or 60 percent of the time, but the fundamentals are right 100 percent of the time, and always, always, always prove themselves over time.
- from Guide to Investing in Gold & Silver book by Michael Maloney
Technical analysis is right 55 percent or 60 percent of the time, but the fundamentals are right 100 percent of the time, and always, always, always prove themselves over time.
- from Guide to Investing in Gold & Silver book by Michael Maloney
Debasing the currency to pay for public works, social programs, and war is a pattern that repeats throughout history. It is a pattern that always ends badly.
- from Guide to Investing in Gold & Silver book by Michael Maloney
Whenever a politician promises you more free stuff than the guy he's running against, whenever the masses think they're getting something for nothing, whenever our government engages in deficit spending, whenever we borrow the prosperity of tomorrow to spend today, it comes back to haunt us in the form of an inflation tax, which insidiously, and invisibly confiscates our wealth. The greatest advantage an investor can have is to understand that fact and exploit it.
- from Guide to Investing in Gold & Silver book by Michael Maloney