Asset and Wealth Protection
Personal Liberty focuses on conservative Americans who understand the importance of independent thought in the quest to grow and protect their financial assets, and are seeking to achieve financial freedom.
Should I pay off my mortgage or buy more gold? I am certain gold will be confiscated at some point and I don’t know how to keep it away from government.
The Administration of Barack Obama recently released the details of an executive order (National Defense Resource Preparedness) that has led some Americans to believe that the President is working to put the final mechanisms in place to enact martial law in the United States.
The value of the goods we buy every day hasn’t changed. The reason things cost 10 or 20 or 50 times more than they used to isn’t that they are that much more valuable today. It’s that our measuring stick, the U.S. dollar, is worth so much less.
The Federal Reserve and the European Central Bank had both given the go-ahead for higher gold prices… until Ben Bernanke’s testimony before Congress and a key announcement from the Federal Open Market Committee brought about a swift reversal.
Oil as a commodity has always been a highly valuable early warning indicator of economic instability. Every conceivable element of our financial system depends on the price of energy. High energy prices derail healthy economies and completely decimate systems already on the verge of collapse. Oil affects everything.
The price of gold rose on February 28, as a drop in the value of the American dollar coupled with gains made by the euro pushed the precious metals market skywards.
I am an enthusiastic reader of your information. But I am left with frustration. Thanks to you, I have an adequate supply of essentials including food, vitamins, gold and silver. I am 77 years old. I live alone and practice full time. I am blessed with excellent health.
I have four desperately important questions:
- Can I feel “safe” with my retirement funds in bank holdings with Merrill Lynch? I am not comfortable with European currencies, even Swiss, because of the turmoil in Europe. The thought of government confiscation of my funds or having my money become worthless is terrifying.
- What I need is a sign of the approaching doom. I know of nothing to watch except the banks closing their doors. What businesses will be able to function?
- I have family with their homes “under water” and unable to re-finance without enormous up-front funds. Is there any temporary safe haven to save their homes?
- How will we pay bills? Especially big mortgage and insurance payments.
Bob , I am simply asking for some signs to watch for to help me sleep better and not wake up in terror.
I need a good word from the Master (YOU) before I invest in your CD- Seminar packages. Thank you for your wonderful Christian philosophy.
Jean Alice Lord, D. C.
The price of gold rose for a second straight day on February 21, as a rally in the euro spurred by an agreement between European finance ministers and Greece helped to boost the value of the precious metal.
Steve Forbes — renowned businessman, editor, publisher and head of wealth magazine Forbes — knows a thing or two about money, and he said at a recent speaking event that he has a cure for the economy: a gold standard.
The price of gold held near 11-week high levels as the metal benefited from investor expectations that U.S. monetary policy will remain ultra-loose boosted traders’ appetite for the safe-haven metal.