Choose Your Own Adventure: Cryptocurrencies vs. Central Bank Digital Currencies (CBDCs)

Any child of the 1970s and 1980s remembers getting creative to find things to do in a world before the internet, mobile phones, and endless streaming platforms (there were only four network television stations). One activity to spur the imagination was reading. There was one type of book which particularly captured a dynamic experience where […]

Echoes of 1974

  Each year brings investors a fresh list of hopes and fears. Often, mainstream financial firms provide guidance that extrapolates linear thinking into the future. We prefer to take a more cyclical view of the world to glean knowledge from patterns in past cycles that rhyme with today. With that in mind, we set our […]

A History of Gold

Almost no debate, short of religion and politics, will solicit as strong of views as the topic of gold.

Scenarios for Owning Gold

Gold serves a unique role in investment portfolios, not only as insurance against extreme events, but as a timeless store of value in a world of multiplying paper currency.

The Long and Short of It

Combined with an extremely uncertain and potentially deteriorating economic situation, current equity valuations suggest this stock market is one of the most overvalued – and therefore potentially dangerous – in history.

Bitcoin is Only the Beginning: The Future of Cryptocurrencies

A bitcoin investment of $10,000 in early 2013 would be worth nearly $2 million today. Why have cryptocurrencies risen so much in value?  It is because they represent more than an evolution in money, for their underlying blockchain technology is a force as potentially powerful and disruptive as the Internet. The Financial Repression Authority interviewed […]

Our Economic Views

We are economic thought leaders following the free-market oriented Austrian economics, whereas most advisors follow Keynsian Economics and tout the merits of money printing and government intervention. Global central banks have printed tens of trillions of dollars out of thin air as global debts exploded. Yet most advisory firms act like this is just another “normal” investment environment and allocate capital the way they’ve always done so. In our opinion, this is not a normal environment and requires an acute understanding that the pillars of the world are now built on a mirage of bubbles with serious consequences for growing and protecting wealth.

In an attempt to offset continued economic weakness, governments are reacting with spending, debt issuance, and intervention in the economy on a scale without precedent in modern history. Although these policies may buy time, they cannot solve the underlying issues. Ultimately, governments will repay debt with their last remaining option – printing more money. As money floods the system, this will drive inflation higher despite continued weakness in the economy.

Under these circumstances, the current conventional model of a static bond and stock mix will fail. It will fail investors in realizing reasonable returns. It will fail investors in preserving their purchasing power after inflation. And it will fail investors in protecting their capital and securing their retirement.

The conventional experts do not foresee such risks. But these same experts missed the prior 2000 tech bubble and 2008 housing and stock bubble.  Today they are missing the bubble in government debt and the ramifications of unbridled money creation. WindRock understands these issues and positions clients to not only minimize their risk associated with these dangers, but to profit from them.