Asset and Wealth Protection
On Monday, United States Treasury Secretary Timothy Geithner told Congress that he will begin suspending investments in government retirement funds in order to free up borrowing capacity.
Over the past several months, we have seen rioting in some Arab and European countries. The riots were sparked by the high costs of food, government austerity measures and government oppression. We have some of the same dynamic going on in the United States. But through a system of bribery, the U.S. government has succeeded, at least temporarily, in preventing Americans from rioting in the streets.
*To balance your budget, just do this. The wackiest headline of the week came from CNN.com, which promised “No inflation unless you eat.” Doesn’t that make you feel better? Your paycheck is bound to stretch far enough, if you persuade your family to go on an all-air diet. Oh, while you’re at it, you had […]
The Federal Reserve has presided over the death of the dollar, which is now in its final spiral. When the Federal Reserve opened in 1914, an ounce of gold equaled $18.99. Today, it takes more than 1,500 fiat dollars to buy that same ounce. In 2008, the banking industry became a shambles thanks to the bursting of the housing bubble, which had been created by the Fed’s easy-money policies.
Since the Obamaviks descended upon the nation’s capital in January of 2009, the government has dramatically improved its ability to carry out its two main functions — redistributing wealth and creating crises. However, lest you give them too much credit for their remarkable success in these areas, remember that much of that success was made possible by past actions on the part of progressive Republicans, philosophically confused Republicans and RINOs.
Do you still recommend having cash on hand in view of the coming collapse of the dollar? Will there be an interim period to use paper, or will there be an immediate collapse?
Do you recommend having copper coins on hand?
We have read about forced inoculations for H1N1 coming this fall. Is this true?
We are witnessing the late stage of a U.S. dollar dominated global currency system, a system that is changing quickly. It remains to be seen whether there is going to be a smooth transition to a new global currency regime or an outright collapse of the current system. Read this article to learn what the BRICS nations’ decisions mean for the U.S. dollar…
In October 2000 I became the editor of Outstanding Investments. In that first issue I told subscribers to buy gold. For 10 and a half years I have not once wavered in my advice. But I have to confess, after having recommended bullion at $284 per ounce a decade ago I have been tempted to tell readers that it is time to take profits.
A downgraded credit rating for the United States has lifted gold prices to record levels.
In its recent update “World Economic Outlook”, the International Monetary Fund (IMF) writes that global growth has been gathering momentum in the past few months and that the economic recovery has broadened. Is this cause for optimism? Read this article to find out…