Earlier this year I heard about BitGold (sign up for BitGold here) and thought it was something like BitCoin (find out more information about BitCoin here). Because I am not interested in electronic crypto currencies I did not look into BitGold. All that changed when I watched an interview with Rick Rule where he admitted to testing the service. This got my interest.
Saturday, July 9, 2016
How my investment portfolios are surviving the melt down
Since I started investing in the stock market, back in November 2013, I have lost quite a bit of cash - approximately 60%. But since I found the secret to successful investing - only buy stocks that have a debt to equity ratio of less that 40:1 - I have reduced the overall loss to less than 25%. Also, the global financial system/banking industries are expected to totally collapse when confidence in the US$ collapses. When this happens, the US$ will go to zero and will take all other currencies down with it. This will cause all major banks outside of China, India and Russia to fail.
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