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Professional Analysis at a Fraction of the Professional Cost

See It Here Early   We believe our continuous research and our ever-refreshing analy-sis of global economics helps us to see trends earlier than many   other economists and money managers — and that’s what we strive for at Guild Investment. We want to give you a leg up in

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Retail Tremors Shake the Payment Ecosystem

Retail Tremors Shake the Payment Ecosystem  Consumers who use credit and debit cards are typically aware only of the card they’re using and the merchant they’re buying from; the payment process is a “black box” from a consumer’s perspective. But as the first image below shows, the black box hides

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Digital Currency “ICOs” and the Regulators

Two weeks ago, we wrote an intro-duction to digital currencies in which we pointed out how fast these new instruments have proliferated. Nearly a thousand are currently available — and almost a hundred more are now listed on coinmarketcap.com than when we ran the article. (A lot of readers found

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U.S. Market: Volatility With An Upward Flourish In Early 2012

In last week’s letter we recommended investors buy the U.S. S&P 500 for a rally. Here are some of the reasons behind our recommendations:   The U.S. labor market is gaining some traction. Job creation is slowly turning up. We aren’t getting overexcited because once again the government is playing

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Digital Currency “ICOs” and the Regulators

Digital Currency “ICOs” and the Regulators Two weeks ago, we wrote an introduction to digital currencies in which we pointed out how fast these new instruments have proliferated. Nearly a thousand are currently available — and almost a hundred more are now listed on coinmarketcap.com than when we ran the

Read More »

Sparking Growth Without Congressional Action

After last year’s U.S. presidential elec-tion, small business optimism spiked at the fastest pace since the Reagan administration. Whatever the personal political views of American small busi-ness owners, they saw a silver lining in the election result: a likely turn from the previous administration’s regulatory strategy that could make their

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Sparking Growth Without Congressional Action  

Sparking Growth Without Congressional Action   After last year’s U.S. presidential election, small business optimism spiked at the fastest pace since the Reagan administration.  Whatever the personal political views of American small business owners, they saw a silver lining in the election result: a likely turn from the previous administration’s regulatory

Read More »

Beyond Bitcoin

Last week we wrote a simple introduc-tion to digital currencies, describing the motivation of their creators, the tech-nologies that underlie them, and some of the pitfalls that may be waiting for speculators. A lot of readers found the piece helpful; if you haven’t seen it, please feel free to request

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What is Beyond Bitcoin?

Beyond Bitcoin  Last week we wrote a simple introduction to digital currencies, describing the motivation of their creators, the technologies that underlie them, and some of the pitfalls that may be waiting for speculators.  A lot of readers found the piece helpful; if you haven’t seen it, please feel free

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What Are Digital Currencies — And What Do They Mean For Gold? 

What Are Digital Currencies — And What Do They Mean For Gold? Bitcoin is in the news, once again driven by a price spike that makes speculators and would-be speculators start counting their unhatched chickens.  This time, the granddaddy digital currency has competitors — “altcoins” — which are also attracting

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Chip Wars and the Race for Artificial Intelligence

Chip Wars and the Race for Artificial Intelligence Radical transformation is coming in many fields of human culture and endeavor.  No, this is not just boilerplate praise of ongoing incremental technological innovation.  The only way to grasp the magnitude and significance of these incipient changes is to imagine yourself living

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Saudi Arabia’s Bid for Transformation: Can It Work?

Saudi Arabia’s Bid for Transformation:  Can It Work? Saudi Arabia has troubles.  Our regular readers have heard us discuss them often, especially in the wake of the dramatic decline in the price of oil between mid-2014 and the beginning of 2016. Countries whose economy relies predominantly on oil and other

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