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.
Despite stonewalling by Federal Reserve Chairman Ben Bernanke and his cronies in the moneyed institutions of privilege, the recent partial Fed audit and dribbled-out documents sought by news organizations under the Freedom of Information Act are revealing an astounding level of corruption in the institution.
Even years after his death, the Roman Senate continued to cry “Hannibal is at the gates,” using the peoples’ fear of Hannibal exactly as the U.S. government and its lapdog politicians today use the myth of terrorism. We are sacrificing liberty for “security” because of the created, imagined threat of terrorists.
One of the advantages of having a preparedness plan is the opportunity to stockpile items that can be used in a barter economy. I have written many times that, at least for a while following an economic collapse, a barter economy will develop.
That is why I recommend having a large quantity of pre-1964 silver coins. They will be recognized as “money” because they look like the coins we are familiar with, but will also retain value because of their silver content.
Last month, one of the market’s best high-income opportunities got a little cheaper. If you take action right now, you can earn a safe 5 percent interest, tax-free. The opportunity is in municipal bonds, loans made to State and municipal governments.
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.