Part 1 (part 2 below)
Something crazy is hitting the markets. Why can't Johnny sell repos anymore. Has QE4 already started? Has the Fed lost control? Lot's of questions and not many answers. But we do know that gold's quantity is physically limited, while fiat currency knows no such boundaries. The world's awash in sovereign debt with no end in site: until fiscal sanity again prevails, if ever. Things have been working so well, why change them?
Part 2
Ned Schmidt, one of the foremost agricultural commodity and stock analysts is extremely skeptical about plant-based burgers. They've been around for a long time but only recently has their taste improved. While Ned believes that eventual human demand for grains will put a major damper on beef production, we're not there yet. Could these fake meats just be another Millennial corporate scam?
Mr. Schmidt is a financial engineer specializing in global capital flows. He has been an advocate and practitioner of value oriented investing for thirty years. Ned began his investment career as a security analyst following the oil industry in the early 1970s. In the 1980s he was manager of an investment management group with discretionary responsibility for about $3.5 billion. During the past decade he also taught institutional investment management as The Roland George Visiting Professor of Applied Investments at Stetson University. He currently manages the Argyle Global Equity Appreciation Fund, an offshore mutual fund in the top quartile of global equity funds the past three years by Standard and Poors. Ned currently publishes THE VALUE VIEW GOLD REPORT, and writes for THE GLOBAL ADVISOR published in Toronto.