John T. Reed’s news blog

Lots of stock market analysts put out buy and sell signals. I very rarely do that. I am doing it now. Sell the US dollar—on an emergency basis. Put it into hard assets a.k.a. non-dollar denominated assets, some of them liquid. Do NOT put yourself into a position where if hyperinflation does NOT happen or does not happen SOON, that you will be in trouble. In other words, DO NOT BET THE FARM on hyperinflation happening soon. Yes, that would give you the biggest benefit if it DID happen soon, but predicting such things is not precise enough for that....

There is a column by James Mackintosh in Today’s WSJ: “Five Tactics to Investing Amid Rising Prices.” You gotta be kidding me. His first section about gold is worthless. Here is the truth about gold and inflation: https://www.johntreed.com/blogs/john-t-reed-s-hyperinflation-deflation-blog/60940227-disadvantages-of-gold-as-an-inflation-hedge?_pos=3&_sid=c3f3b2fe3&_ss=r  Second section says commodities rise the most in price during inflation. Uh, how do you invest in commodities? He says mining, oil producing, and agricultural stocks do not do as well as the prices of what they produce. Yeah, I figured that. Then he says you need an oil tanker or a warehouse to store commodities. Yeah, I have been writing about...

I have been studying autonomous cars, reading books about them, attending speeches and panel discussions about them. They are often talked about in the same speeches with EVs and linked together.   I have no idea what that linkage is about. EVs are Democrat propaganda, like masks. Moving CO from the tailpipe or a POV to a coal-fired power plant means little. EVs have to be crammed down our throats with mandates and subsidized by tax payers because they offer very little in the way of a value proposition.   Self-driving vehicles, in contrast, are revolutionary, make sense and may...

This is a recruiting film made at West Point in 1967. I am in it although I did not recognize myself in any scenes. I was a junior that Spring and a senior that Fall. One of my roommates is the tennis player in that scene. The star of it is the Army football team captain who was my classmate..It is 51 minutes long, ignore the seeming end around 45 minutes. It is an extremely accurate depiction of West Point in 1967..https://www.youtube.com/watch?v=-WB0NbsdxPA

Rebalancing is an issue investors seem insufficiently aware of. You ought to decide on what diversification you want in your net worth investment categories. A percentage for real estate, a percentage for stocks, and so on.  Then you check from time to time because it gets out of whack. When it is out of whack, you sell the over percentage assets and buy the under represented assets. . A person I know showed me their 401(k) list of assets and the percentage of each. I told them to zero the US bonds, foreign bonds, and “emerging” nations. “Emerging” nations to...