1. Gold: A Tsunami of Selling
A chain reaction is forming the last great gold stock buying opportunity of the decade, says Lior Gantz, editor of Wealth Research Group.
One of the interesting things about the Great Recession was how Canada’s financial system sailed through it largely unscathed. Its banks were regulated wisely and behaved prudently, its citizens avoided the extreme stupidity of their credit-addicted neighbors to the south, and its government refrained from doubling its debt every eight years.
But instead of Americans learning from Canada, Canadians appear to have concluded that we had it right after all.
2. The Oracle Speaks … and Here’s What We Learned
Over the weekend, the annual Berkshire Hathaway shareholder meeting took place, an event sometimes described as the “Woodstock for Capitalists.”
This event always generates a lot of press, and this year’s event was no exception. Here are a few of what I think are the most-interesting takeaways from Berkshire meeting.