Invest Intelligence When It Realy Matters
The Beginning of the End of Brazil
For around two years now, I have been warning about the implosion of Brazil’s economy. These warnings came after I had been recommending Brazilian investments.
Those who subscribe to the Intelligent Investor know that Brazil’s economy has imploded just as I forecast. I was able to predict Brazil's implosion because I understand how the banking system works. Those who subscribe to the Intelligent Investor also understand how the game is played.
The lesson here is that you cannot latch onto some investment theme and ride it all the way up. Things change. You have to navigate the ups and downs. Someone needs to tell this to Peter Schiff and his EURO PACIFIC Capital (laughing).