Chinese Economy

Most of the silver in the world is smelted out of gold and copper mine production. There are some pure silver plays and mines out there, but they are rare. The Hunt brothers (remember them?) tried to corner the whole silver market in the 1970s and almost blew…

The United States of America is the world's largest energy producer, consumer, and net importer. It also ranks twelfth worldwide in reserves of oil, sixth in natural gas, and first in coal. In 2003, as a nation, we consumed 19.9 million barrels of oil per day, and approximately…

A regular reader of the PROFIT CONFIDENTIAL contacted me to say "Yes, Michael...I agree that that the nature of the economy is changing, but how can I profit from it?" The change, lest you forget, is really more about jobs and trade. We live "globally" now, so everything…

My friend Frank has been a hardworking sheetrock contractor for over thirty years. We recently had an interesting talk inside a new home he had just about finished working on. I started the conversation by admiring his new one-ton van. This set him off right away. He told…

Buying a treat at my local corner store with one of my children last week caused me to have a flashback to 1960 (or so). I was doing the same thing with my dad and he said, "I remember when that cost a penny." I found myself saying,…