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.
Jeff Berwick / Editor In Chief
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 as well as regularly in the media including CNBC, CNN 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 and still continued on as a director afterwards until 2007. Afterwards, Berwick went forth to live on and travel the world by sailboat but after one year of sailing his boat sank 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 four 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 Mongolia, 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.
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 currently lives in Acapulco, Mexico and is building a home in Cafayate, Argentina. In essence, everything he writes about here for TDV he has done or is doing.
As well, during his travels, both real and virtual (through the internet), he met some amazing people who have a similar shared vision of what is currently going on in the world and enticed them to come aboard TDV and provide their own brand of analysis.
Ed Bugos / Senior Analyst
Mr. Bugos 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 my entry prices, significantly outperforming the HUI and other gold share indexes in this period (this “GOT” portfolio is still up slightly even after the 2012-13 liquidation.
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.
Ed is the senior analyst and co-founding partner at The Dollar Vigilante, an online newsletter aimed at helping investors survive the eventual collapse of “the dollar system,” started and operated by his partner Jeff Berwick (since 2010), a successful businessman and media entrepreneur – founder of Canada’s largest financial portal on the web, owner of a hotel and real estate company, CEO of TDV Media & Services, host of the popular video podcast: Anarchast, and a prominent speaker at many of the world’s freedom, investment and gold conferences. In addition to his track record in providing investment advice, Mr. Bugos has a self-studied background in the social sciences, and is a student of the Austrian School of economics.
Redmond Weissenberger / Managing Editor
Redmond is the Managing Editor of the Dollar Vigilante and the Founding Director of the Ludwig von Mises Institute of Canada, the centre for the study of the Austrian School of Economics within Canada.
While studying fine art at the Ontario College of Art and Design, Redmond read Adam Smith’s Wealth of Nations, beginning his study of economics that culminated in the discovery of the Austrian School. After graduation Redmond spent 7 years as an industrial designer, working for a company involved in manufacturing residential lighting in China for sale in North America, and then a boutique design/build architectural firm involved with projects such as Norman Foster’s Bow skyscraper in Calgary, Alberta.
Redmond founded the LvMIC in 2010 to address the lack of knowledge about the true cause of our booms and busts of the last 100 years and the need for sound money and sound economics to be applied to the Canadian and global economy.
Justin O'Connell / Head Researcher
Justin O'Connell is the Head Researcher at Dollar Vigilante, author of the first full-length bitcoin book, Bitcoinomics, as well as a co-host at Our Very Own Special Show, a lifestyle podcast about music, news, life and other topics. While in boy scouts as a young boy, Justin was introduced to punk rock. Since his father, a police officer, would not let him listen to rap, he gravitated towards bands like Bad Religion, Anti-Flag and numerous anti-authoritarian bands. Justin's worldview evolved into that of a "naturalist," and he began seeking enlightenment in the natural world. When studying history at college in Portland, Ore., Justin focused on totalitarian societies such as, Soviet Union, Nazi Germany & the German Democratic Republic. Justin has numerous full length books coming out in 2014, including Change Of Ideas: Bad Religion In The New America, as well as an EP with his band Fencesitter. He lives in San Diego, California.
Jim Karger / Legal Correspondent
Jim Karger is a lawyer, and frequent contributor to The Dollar Vigilante, who has represented American businesses against incursions by government and labor unions for 30 years. In 2001, he left Dallas and moved to San Miguel de Allende in the high desert of central Mexico where he sought and found a freer and simpler life for him and his wife, Kelly, and their 10 dogs. He is TDV's San Miguel de Allende concierge and his website is found at www.crediblyconnect.com.
Wendy McElroy / Contributor
Wendy McElroy is a renowned individualist anarchist and individualist feminist. She was a co-founder along with Carl Watner and George H. Smith of The Voluntaryist in 1982, and is the author/editor of twelve books, the latest of which is "The Art of Being Free". Follow her work at www.wendymcelroy.com.
James Guzman / TDV Groups Manager
James Guzman is a American born writer and investment consultant specializing in non-conventional markets and countries. He is a native of San Diego, California but as the son of a sailor in the US Navy spent his youth around many different cultures and areas. Growing up as a third culture kid has made him accustomed to working with people from many different backgrounds. As a staunch advocate of the free market he has extensively studied the Austrian school of economics.
James joined the US Navy straight out of high school and was stationed onboard the USS Bataan from 2004-2008 during which he took part in Operation Enduring Freedom and Hurricane Katrina Relief. He then used the GI Bill go to Saint Louis University in Madrid, Spain and graduated with a Bachelors degree in International Business. He also studied Economics, Philosophy and Political Economy at the Ludwig von Mises Institute in Auburn, Alabama.
Since graduating he has worked as a broker for Euro Pacific Bank, manager of Las Torres Gemelas Hotel in Acapulco and content contributor to many publications. He currently works as the manager of TDV Groups and Real Estate Broker for Coldwell Banker Previews International in San Miguel de Allende, Mexico. He has been to over 17 countries and lived and worked in six and in addition to investments is also knowledgable of citizenship/residency laws.