I understand this better than anyone. I started in the markets as a teenager in the ’80s. No knowledge. No capital. No mentor. My father drove a taxi in Manhattan. My mother was a librarian. We were a normal family, living a normal life.
But a Wall Street stockbroker changed our story.
He became a regular passenger of my father’s, and on every ride through the streets of Manhattan, he would talk about the gold market. He was so persistent that he eventually convinced him. My father started buying one ounce of gold a week at $35 an ounce, with consistency and discipline.
When the price of gold was freed, each ounce rose to $800.