Why I Joined Monetary Metals

The Weak Dollar Narrative Authored by Lance Roberts via RealInvestmentAdvice.com, We have spent a lot of time over the last year debunking “narratives,” which are dangerous to investors, as “narratives” create a rationalization for overpaying for assets. Nonetheless, Wall Street loves a simple story and is happy to jump on a trend with momentum, selling products to unwitting consumers. A good example of that lately has been the “weak dollar” narrative, which has pushed investors to chase foreign assets. The negative correlation between a weak dollar and rising international stock exposure appears to be a free return. Unsurprisingly, the...

Wexner Says He Was 'Conned' By Epstein, Did 'Nothing Wrong' After what must have been quite the prep session with lawyers, billionaire Les Wexner - who gave Jeffrey Epstein "about a billion dollars" in cash and assets - testified to the House Oversight Committee on Wednesday that he was "conned" by Epstein, and denied any wrongdoing. Les Wexner denied any wrongdoing or knowledge of Jeffrey Epstein's crimes during testimony to House lawmakers.House Oversight and Government Reform Committee In a prepared statement, the 88-year-old former L Brands (which owned Victoria's Secret) CEO...