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Billionaires Dumping Stocks, Economist Knows Why

2014-08-26T08:43:22-06:00 August 19th, 2014|JDC|

Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods....

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Steve Forbes: Link dollar to gold or face Great Depression II

2014-08-26T08:45:52-06:00 August 17th, 2014|JDC|

"The best way to achieve monetary stability: linking the dollar to gold,” he wrote in the book out today. “The Fed should have only two tasks: keeping the dollar fixed to gold and dealing quickly and decisively with panics,” he wrote, according to excerpts provided in advance to Secrets.

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