John Lee
CFA, Chairman of Prophecy Development Corporation
John Lee, CFA is an accredited investor with over 2 decades of investing experience in metals and mining equities. Mr. Lee is the Chairman of Prophecy Development Corporation. John Lee is a Rice University graduate with degrees in economics and engineering.
John Lee Articles
Billionaire Eric Sprott Recently Shared His Secrets of Success + his 3 Mining Stock Investments Striking the Motherlode amid Coronavirus Scare. Global Economic Slowdown plus Coronavirus Pandemic Creates Rare, Perfect Setting For Gold and...
The US Dollar Index has fallen below the psychological 100 level, while 2-year and 10-year US Treasury yields remain above multi-year support levels. This is despite the Federal Open Market Committee keeping the Federal Funds rate steady...
With US major equity indices near all-time highs, investors concluded 2016 with great optimism. A new era is dawning with Trump's US presidential election victory in November. The US Dollar Index broke through the psychological 100 level,...
I came across a very interesting article by David Rosenberg, titled “Bonds are the new stocks and stocks are the new bonds' in which, Mr. Rosenberg made several astute observations: “…as the first of the boomers turn 70, [2016] was the...
I want to focus on the composition of China’s foreign reserves, explain why the liquid portion of the reserves may be much smaller than widely believed, and how that situation is bearish for RMB and bullish for gold.
“On May 22, 2015, Yi Gang, the Vice-Governor of the People’s Bank of China (the “PBoC”) said at a forum in Beijing that “It’s not necessary”1 to bolster growth by devaluing the yuan. Mr. Yi pointed to China’s trade surplus, which has...
There are countless tips on how to make money. This article is not about that. Rather, we examine the definition of money, what makes good money, and how some bad monies stay bad while others have become acceptable through new ideas and...
First we would like to clarify the term inflation and the cause of it.
We define inflation as the increase in the supply of paper money, or M3 in the modern world.
Popular press defines inflation as a general increase in the price level...
