Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Vermont Abandoned, Dairy Farm Economy Devastated

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On a recent road trip into Quebec, Debbie and I drove beautiful Rt. 100 from near the southern border of Vermont to its termination near the Canadian border. By the time we were into Vermont’s Mad River Valley, it occurred to us that that we’d seen nary a cow. Remember, wait till the cows come […]

Welcome to the Interest Rate Prediction Business, JACK!

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Jack be nimble, Jack be quick. Jack jumped over the…you know how it goes. As investors stomp their feet because stocks are going down (the horror), let’s not forget what’s happening to bonds. Anyone who reached for yield on the 30-year Treasury is learning about duration—basically, for every one percent increase in rates, bond prices […]

Marry Compound Interest, Divorce Market Timing

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Update 2.22.2021: The Dow Jones Industrial Average Index closed at 31,494.32. Originally posted August 3, 2018. This week a long-time reader contacted me looking for some insight he could pass along to his children about the dangers of market timing. I’ve written on the topic many times over the years and wanted to share something […]

Gold’s 50-Year Price Explosion

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Originally posted on July 27, 2020. Part I I was there from the start.  In early August 1971, I had just joined internationally focused research and trading firm Model Roland & Co. On 15 August 1971, President Nixon shocked the world by announcing that the U. S. would no longer officially trade dollars for gold. […]

Ted Nugent Tells it Like it Is

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Originally posted May 20, 2020.  Back on April 23, Michigan resident, “Uncle” Ted Nugent, a.k.a. the Motor City Madman, explained the coronavirus shutdown in the way that only he can. Nugent, along with thousands (perhaps millions) of other Michiganders, is tired of the excessive rules placed on him by his governor, Gretchen Whitmer. He wrote […]

Insurrection Was the Furthest Thing from Trump’s Mind

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At The American Spectator, Dov Fischer details the evidence that there was no incitement of insurrection by the president. He writes (abridged): I have been an attorney for more than 20 years, litigated on the front lines in the biggest of cases, served as a former Chief Articles Editor of one of America’s most respected […]

Who Are Those Urging Violence?

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Throughout the Trump administration, Democrats have been endorsing violence as a political tactic. Tom Elliott, founder and editor of Grabien, cites examples of the toxic atmosphere oozing from the DNC. Cory Booker urged people to answer a “call to action” to protest at the Capitol. “Please, get up in the face of some congresspeople.” (2018) […]

You Need to Seek Some Shelter for When Things Get Ugly

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Coronavirus Infects Stock Market: Part LVI Originally posted June 1, 2020.  “Requests for driving directions on Apple Inc.’s Maps app are back around mid January levels, while data from Dutch location technology firm TomTom International BV show traffic congestion gradually climbing in some late U.S. cities, though it is still down substantially from March levels […]

How S.D. Surged in Vaccination Inoculations

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State leaders apparently did not believe the media consensus that a rapid vaccine approval couldn’t happen. South Dakota, as James Freeman writes in the WSJ, was prepared for the possibility of success. It’s important to also keep in mind that South Dakota’s population is a small fraction of, for example, New York’s. Furthermore, South Dakota is about […]