Currency devaluation

The global shift from U.S. Treasuries to gold began roughly 10 years ago, and accelerated after the U.S. seized Russia’s reserves after its war with Ukraine. As gold resumes its role as the world’s preferred reserve asset, history suggests it has much further to run… and its price per ounce will rise.

With the U.S. government restarting the financial printing press, the social problems we’ve seen emerging for the last decade become vastly worse, as the affordability crisis moves from the young, who can’t afford to start a life in America, to the old, who are completely dependent on government payments, which have less and less purchasing power. The “End of America” is not a prediction anymore.

Today, Porter shares how pretty much anyone can earn 50%-plus annual returns, on average – and without suffering the kind of drawdowns most investors believe are inevitable. In fact, the strategy he demonstrates has volatility that’s much lower than the market’s.

In today’s Daily Journal, Porter further explains the details of the portfolio he assembled called “Better Than Berkshire,” which mimics the holdings of Warren Buffett’s Berkshire Hathaway, but uses publicly traded companies as replacement for what Berkshire holds.