Many Reasons to Think Twice Before You Buy Gold

August 15th, 2020 from Denver, Colorado.

I woke up today, Saturday, at 5am and decided I needed to dump out my thoughts on Gold.

Because I’m tired of reading the same old bullshit articles from the mainstream media.

These banal articles are designed to consume your time.

They don’t really tell you anything of value to help you invest or manage your finances.

So before you rush out and buy gold because Warren Buffet just did

Or because the gold spot price soared past $2,000 for the first time ever, hitting a new record-high on August 6th

Let’s just hit pause and educate ourselves for a second. 

Breathe. Pause. Count to ten please. Relax.

I would argue that Gold’s recent price run-up has been caused by the global pandemic.

Which has put the world into an overnight recession. Heading towards an eventual global depression.

Followed by a long-term “K” shaped economic recovery. (Some things go up and others stay down)

High...

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When Investing, Focus on Process, NOT the Outcome!

This is a short blog post because a) your time is valuable and b) this simple universal truth as to why everyone in our Global Investor Alliance will succeed in building wealth over the long-term…

If you consider any field of activity where different probabilities play a role, the outcome is largely unknown because of the many variables that you cannot control.

Research has also identified a common trait among successful performers in any field, that they all value process over outcome.

Let’s apply this to investing for a second. Across the internet, you will see many claims by so-called experts and gurus in investing that highlight the outcome; you will make X amount in so many months or years. Rarely do they detail the process used to get to this outcome (hint: sometimes the claim isn’t really true and often times, it was a set of factors that aligned for them which might not align for you!)

Now of course the result or outcome does matter, as that is the...

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