News Analysis: Investment Funds have lost Billions of Dollars by investing in Gold (Au) And Silver (Ag) using Incorrect Assumptions. One ‘Famous New York Trader’ bought heavily into Metal Certificates with Investors Money. He thought Inflation would immediately ‘rear its head’ and he would prevail with his wise purchases. Unfortunately, Central Banks of various Countries lowering their interest rates were not heavily considered possible by this Gentleman. To his dismay, inflation has been minimal world-wide from such Banks’ activities. The Au/Ag investments he and other “Financial Wizards” made, at present, are huge losses since high inflation did not appear.
A Major Flaw that the “Financial Masters of the Universe” (FMOTU) have is their inabilities to both See and Evaluate Potentialities correctly; then Invest accordingly. Beyond what their Business Administration or Economics Professors taught them, there is MUCH MORE to Wise Investing that should be considered. For Example: What are the Domestic Political Objectives of the Governments regarding their States of the Economy? What Geo-Political Situations between Nations are being Covertly or Overtly being pursued? What “Hidden Agendas” are influencing a Country’s Leaders? What influence is Climate Change having on Commodities, if any? The list is endless. The aforementioned may be beyond the reasoned thinking of the ‘FMOTU’. Are they to admit to Prospective Investors their Economic Myopia? Probably not, since many have Hyper-Egos combined with Minimal Integrity.
Much as: ‘A “Ph.D.” Knows More And More About Less And Less’ so too go the ‘FMOTU’.
Conversely, the study of “More and More” about “More and More” requires a Mentality of Adaptation to the entire Field of Learning. In such study, people realize that with the widest variety of subjects, Everything Interconnects Somewhere. Difficult as it may be to learn about a myriad of subjects, it is both Possible and REQUIRED.
Let the Egotists make their Unwisely-Timed Economic Ventures. Sagacious Investors think broadly, humbly, and without “Blinders” on.
Reality.