Author: Outsider Club

Secret Gold Map Unlocks Riches

Mapmaking has been one of the single most important parts of civilization for over 8,000 years. Aside from spoken language and the written word, maps have played the single most valuable role in our understanding of time and place. Maps...

The Beatdown Has Begun

The Beatdown Has Begun

For months I’ve explained that eventually all central banks will lose the faith of investors. I’ve explained that large amounts of capital rushing out of bonds will search for yield and that small amounts of that capital will be the...

Make Money Every Time You Spend a Dollar

Make Money Every Time You Spend a Dollar

I received a great question this week — one that most people struggle with, but we rarely talk about in the Outsider Club. Hello Mr. Mengel, I really enjoy your letter and have learned a lot about both life and investing....

If gold can’t break out, it will break down

If gold can’t break out, it will break down

Gold finished up approximately 1% for the month and at a slight 0.3% increase for the quarter. Gold once again failed to break out, closing the month in the $1,320 range. Gold is still up nearly 25% for the year...

Currency Wars to Escalate

My prediction of the Fed raising rates in September was proven incorrect by a Fed who swears it’s ready to raise rates…. just not yet. The Fed’s decision to keep rates steady ignited a 2.4% weekly rally in gold. The...

Trump Investing: Guns, Gold, Germs and What?

Trump Investing: Guns, Gold, Germs and What?

by Jimmy Mengel Donald Trump came to Baltimore this week, just a few blocks from our office. Helicopters swirled around the harbor. Police roped off city blocks. Protesters with competing signs canvassed every street corner. It was strangely reminiscent of...

The Fed’s Plan to Screw Savers

The Fed’s Plan to Screw Savers

This is how Federal Reserve Vice Chairman Stanley Fischer answered a question about negative interest rates on Bloomberg TV this week… [emphasis mine.] “We’ve learned that the central banks which are implementing them — there were four or five of...

Peak Gold?

Last weekend, I went over the buying frenzy going on behind the scenes among gold miners and producers. Today, I want to expand on why this won’t be an isolated event. There is a sustaining reason why this should continue for...

Secret Gold Map Unlocks Riches

Secret Gold Map Unlocks Riches

Mapmaking has been one of the single most important parts of civilization for over 8,000 years. Aside from spoken language and the written word, maps have played the single most valuable role in our understanding of time and place. Maps...

Central Banks & The Week in Gold

What central banks giveth, central banks taketh away. Gold enjoyed the best first half in nearly four decades this week before Friday’s unexpectedly strong U.S. jobs report which trimmed nearly 2% off the gold price and over 3% off the...