I am retired and live in San Francisco’s quaint Sunnyside neighborhood; I live just five short blocks from San Francisco’s only wilderness park: the world renowned Glen Canyon Park!
My investment approach is based on my belief that the US economy is transitioning from a currency based economic system to an earnings/wealth creation based economic system. I think we are in the early stages of this transition; the ending stages of our currency era will be like someone stopping from a workout on a trend mill: users will just jump off. In this situation, the dollar will no longer be used as a global currency.
The current global currency system: using national currencies as global currency has many flaws ...More thus will be replaced by a new currency system.
All we can do is speculate about how this new economy will emerge and I will leave it to others to decide how our economy will function in the global economy as a wealth creator/profit maker. But I believe that in any economic environment one can make money.
And my goal is to make money in this new economic environment.
My investment approach is based on my belief that the US economy is transitioning from a currency based economic system to an earnings/wealth creation based economic system. I think we are in the early stages of this transition; the ending stages of our currency era will be like someone stopping from a workout on a trend mill: users will just jump off. In this situation, the dollar will no longer be used as a global currency.
The current global currency system: using national currencies as global currency has many flaws ...More