Who is TDV
The Dollar Vigilante (TDV) is a joint-venture publication founded by two respected free-market speakers and analysts in the financial sector, Jeff Berwick and Ed Bugos. Both Jeff and Ed consider themselves financial freedom fighters and have written extensively in the past about the ongoing and impending collapse of the US dollar based financial system. They joined forces to publish TDV, a publication and community for dollar crash survivors.
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, Bloomberg and Fox Business.
Jeff’s background in the financial markets dates back to his founding of Canada’s largest financial website, Stockhouse.com, in 1994. In the late ‘90s the company expanded worldwide into 8 different countries and had 250 employees and a market capitalization of $240 million USD at the peak of the “tech bubble”. To this day more than a million investors use Stockhouse.com for investment information every month.
Jeff was the CEO from 1994 until 2002 when he sold the company. Afterwards, Berwick went forth to live on and travel the world by sailboat but sank his boat in a storm off the coast of El Salvador. After being saved clinging to his surfboard with nothing but a pair of surfing shorts left of all his material possessions he decided to “live nowhere” and travel the world as spontaneously as possible with one overarching goal: See and understand the world with his own eyes, not through the lens of the media.
He went on to visit nearly 100 countries over five years and did and saw things that no education could ever teach. He met and spoke with a plethora of amazing people, from self-made billionaires to some of the brightest minds in finance – as well as entrepreneurs from a broad range of backgrounds and locations from tech companies in southern China to resource developers in Thailand, Russia and Chile. He also read everything he could find on how the world really works… politically and financially. A pursuit he continues to this day.
That education led him to become one of the biggest proponents of the Permanent Traveler/Prior Taxpayer (PT) Theory. He has since started numerous businesses including TDV Offshore and TDV Wealth Management to help others internationalize their assets. He also founded TDV Passports in 2009, although he turned over control to his partner in 2013, to help people get foreign residencies and citizenships.
He expatriated, long ago from his country of birth, Canada, and considers himself a citizen of the world. He has lived in numerous locales since including Los Angeles, Hong Kong, Bangkok and Acapulco, Mexico.
Mr. Bugos in the Senior Analyst at the Dollar Vigilante newsletter. He is an Austrian economist and has been a dedicated investment professional since 1989, initially performing as a financial advisor, then stockbroker (with a focus on exploration and venture finance) and futures trader through 1999. Although not a geologist, he was mentored by one of the best exploration, venture, and mining analysts in the industry throughout the nineties at one of Vancouver’s leading brokerage firms.
Ed left the brokerage industry early in 2000 warning his clients that the tech bubble would burst, and lead to a secular bull market in gold, a collapse in the US dollar, and a repeat of the 1970’s style stagflation in the decades ahead. Building on a reputation for putting clients first, Mr. Bugos launched The Goldenbar Report, a subscription driven gold and currency digest that published a relatively broad based asset allocation returning over 20% per year from 2000-06 without a down year.
His last recommendation when winding down the Goldenbar Report in September of 2006 was for clients to allocate up to a 45% exposure to a short position against the equity averages, and largely the financial sector “XLF”; 40% to a long position in gold bullion (physical or GLD); and a residual core position (15%) in gold equities.
This allocation minimized the effects of the 2008 crash, with the short exposure up over 100% in 2008, and gold ending the year unchanged. The gold stocks crashed in a long overdue correction along with the general equity market, which would have shaved the short gains a little bit (in 2007 the gold equities and bullion both ended up about 25% while the short side was down about 30%, leaving that year a wash).
From March 2008 to January 2009, Mr. Bugos compiled a portfolio of thirteen small cap precious metal juniors to buy during the correction for readers of his Gold & Options Trader (published by Agora Financial). These juniors returned an average 275% from the trough in 2008-09 to their peak in 2011, and 248% from his entry prices, significantly outperforming the HUI and other gold share indexes in this period.
Since 2009, Mr. Bugos has been the CEO of his own independent research company (Precious Metals Equity Research), which sells research and subadvisory services to broker-dealers, investment managers, and general providers of financial content.
Luis Fernando Mises
Luis Fernando Mises is the Manager of TDV Groups. Traveling is one if his passions and he enjoys bringing perspectives from all over the world to TDV readers through his interviews.
He is a Consultant at AMCA and teaches Servant Leadership and Conscious Capitalism all over the United States, a certified Yoga instructor, a meditation teacher, a student of Austrian Economics, a member of the Tarrant County Libertarian Party Executive Committee, an entrepreneur, and a family man. He is a Free Market Anarchist and is host of Anarchast Español and Emancipated Human.