Author: Mark Nestmann

Time to Get Defensive

Time to Get Defensive by Mark Nestmann I will be the first to admit it: I’m a lousy investor. My first forays into the investment markets came in the early 1980s, when I saved up enough money to buy some...

Could Trump Bring Back the Gold Standard?

Could Trump Bring Back the Gold Standard? by Mark Nestmann Imagine the world in which the president of the United States decides that the government will set wages and prices. One evening, the president announces to the nation: “I am...

Trump Has Inherited a Terrifying Problem

Trump Has Inherited a Terrifying Problem by Mark Nestmann Every president inherits something difficult. Some problems are simply out of the incoming president’s hands. Obama inherited a financial crisis. Reagan inherited double digit inflation. Kennedy, Nixon, and Ford each inherited...

Of Course Precious Metals Prices Are Manipulated

Of Course Precious Metals Prices Are Manipulated by Mark Nestmann   A question I’m asked a lot by clients is, “Are markets manipulated?” My answer is always the same: “Of course they are.” Given the nature of capitalism, it could...

Why Billionaires Are Buying Gold

In the last few days, gold has been on a losing streak. Last Tuesday, gold prices fell by $42 per ounce – 3.3% – the biggest single-day drop in value in nearly three years. Does that mean gold has resumed...

You’re Likely Committing a Crime Right Now

You’re Likely Committing a Crime Right Now

Do you own a dog? You could face six months in federal prison If you walk it on federal lands on a leash longer than six feet in length. Do you have a bank account? If you deposit or withdraw more...