'The Preparation' Book Is Out, What Young Men in Your Life Need Today, Doug and Matt on the Ideas Behind 'The Preparation,' Your Invite to a Live Talk with Tom Dyson, College Is Now a Wealth Destroyer
Matt, I have a question for you and Doug. Many commentators are advising to leave the dollar based system, which appears ready to collapse. I understand that this means pulling cash deposits out of banks, selling US Treasuries and other dollar denominated debt instruments, and redeploying the cash to real assets, like gold. But what about dollar denominated investments in gold mining stocks, and other commodity based stocks held in a brokerage account with Schwab for example? I would think that those types of investments would do fine in a monetary/trade restructuring, such as suggested by Miran (provided The Great Taking doesnt’ occur). Your thoughts?
College kept me out of the Vietnam war, as of 1967 I was a free man. BA, MA, 1 yr toward Phd. I went into construction. I agree with your thesis. Big, long term fan of Doug.
Matt, I have a question for you and Doug. Many commentators are advising to leave the dollar based system, which appears ready to collapse. I understand that this means pulling cash deposits out of banks, selling US Treasuries and other dollar denominated debt instruments, and redeploying the cash to real assets, like gold. But what about dollar denominated investments in gold mining stocks, and other commodity based stocks held in a brokerage account with Schwab for example? I would think that those types of investments would do fine in a monetary/trade restructuring, such as suggested by Miran (provided The Great Taking doesnt’ occur). Your thoughts?
College kept me out of the Vietnam war, as of 1967 I was a free man. BA, MA, 1 yr toward Phd. I went into construction. I agree with your thesis. Big, long term fan of Doug.