With all the “gloom and doom” I report, I’m thrilled to write of positive topics when I can find them; and commentary about the myriad “good, smart people” I have met over the years is by far my favorite.
Over my “TEN YEARS OF HEAVEN AND HELL” (soon to be eleven), I have met some of the smartest, best-intentioned people on the planet. We are intimately connected by the cause of uncovering financial FRAUD; and thus, paving the way for the return of the “once and future king” of the financial world – REAL MONEY.
Last year, I came across the below video by Brent Johnson, of Santiago Capital in San Francisco; a clear, concise description of why only PHYSICAL gold and silver have maintained their “PURCHASING POWER” throughout history…
Why Did Gold Become Money? – Santiago Capital
Since then, I have made Brent’s acquaintance – a cool guy, who manages capital with a focus on Precious Metals; and thus, PROTECTING client assets. In a business where differentiation is so difficult to achieve, he not only does so by embracing the right asset class, but through periodic presentations circulated on the internet. Each is well thought out, researched, and produced; and thus, I look forward to his emails.
What prompted today’s RANT topic was a brilliant piece published last week, titled “Goldberg vs. Occam”; referencing the “complexity” of Rube Goldberg and simplicity of William Occam. In part I, he frames the reasons these opposing theories make economic study so difficult…
Goldberg vs Occam 1
…and in part II, relates it to the current miasma that is our dying fiat currency system…
Goldberg vs Occam 2
I advise EVERYONE to watch these and other Santiago Capital presentations; and if you want to speak to one of the few “good, smart” people left on Wall Street, he’s your guy!