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.
On Jan. 23, the Chinese New Year began; it is the year of the Dragon. A symbol for good fortune and change, the dragon also stands for progression and perseverance. Given the fact that China has become such an important driver of global growth, it would certainly be good to get a little help from the dragon this year.
The Federal Reserve issued a statement on Wednesday saying that the economy of the United States has experienced moderate growth, despite slowing global economic growth, since the central bank’s Federal Open Market Committee met last month.
On Tuesday, the International Monetary Fund said that it predicts slowing global economic growth and a rising risk of global economic calamity if governments fail to act appropriately.
The price of gold hit a six-week high on Jan. 23, as the metal was pushed upward by a recovery of the euro against the American dollar
In 2011, financial markets were dominated by news surrounding the debt problems in the Western world, and markets saw record levels of volatility. The issues in Europe as well as in the United States are equally alarming, and the coming months will show us whether policymakers are able to stabilize the situation.
The price of gold rose to its highest level in five weeks as German economic data boosted the euro and Chinese trade data helped to push commodities skyward.
There are still people around who are wondering “if” or “when” the American dollar is going to collapse. But I can tell you that there is no if or when; the collapse of the U.S. dollar is happening right now. The depression it is causing is highly visible. The people are already in the streets: in the United States and around the world.
The price of gold rose by a significant margin as a resurgence of the euro versus the dollar, bringing the value of the metal past a 200-day moving average.
Jobs offshoring, financial deregulation and 10 years of wars have severely damaged the U.S. economy and the economic prospects of 90 percent of the American population. The signs are everywhere in front of our eyes. They are in the income distribution data, the BLS jobs data, the Census data, the poverty figures, and the high number of food stamp recipients.
I read an on article on the devaluation of the dollar (The Bob Livingston Letter™, September 2011) in which you mention alternatives to the dollar. You mention the Swiss franc annuity. Can you elaborate as to how it works and how one would go about to obtain this type of annuity?