In the end, being overly obvious can leave the buyer vulnerable to competitors who can inflate the price by outbidding them. In some cases, bidders agreed with the auctioneer for special cues prior to selling, including subtle movements such as flicking a pen or raising an eyebrow. Applicants usually used little tricks to get important … Read moreBig Trick for a Small Coin: John Jay Pittman’s Legendary Trading Strategy
Sly Dicky s disaster Richard “Sly Dicky” Nixon, on the advice of Milton s “Free Choice” Friedman, decided to end the convertibility of gold. He claimed that this was temporary, but his edict was a shameful default on the part of the US government. My God, I wish that we, the people, did not grant … Read moreWhat trick did Sly Dicky do 50 years ago?
Producer price index (PPI) data released Wednesday did not help ease fears of inflation – the largest rise in more than a decade. In annual terms, the index rose by 7.3%. On a monthly basis, the PPI added 1% versus an expected 0.6%. According to Peter Schiff, there is no end in sight to this … Read moreThe “temporary” inflation trick