Asset and Wealth Protection
Federal Reserve Chairman Ben Bernanke continued the Fed’s war on and destruction of American savers and retirees last week with a continuation of Operation Twist. He will keep shuffling the same money piles back and forth to continue the charade that it is doing something constructive for the American people. But the truth is much different.
Not once in the 30 years that I have been researching the markets have I witnessed the troubles that the world now faces: a stock market slide, falling gross domestic product, rising unemployment and waning confidence.
Right now, investors are fleeing bank stocks and mining stocks — the kind that tend to be very speculative. But almost every “World Dominating Dividend Grower” stock is holding up just fine these days. While the market is sinking, stocks like Coca-Cola and Wal-Mart are near yearly highs. I’m not surprised.
On June 5, 1933, the United States Congress and President Franklin Delano Roosevelt unConstitutionally abrogated the use of gold for the payment of public and private debts while simultaneously bailing out the Federal Reserve and forever enslaving the American people to its inflationary economic policy.
Thanks a lot, Congress. It looks like you’ve really stuck it to us again. This time, just sitting on your hands and doing nothing is going to cause the biggest tax increase in our Nation’s history. Taxmageddon will come from tax cuts expiring and new tax increases taking effect because of Obamacare.
Wall Street’s ignorance was on full display this month when Warren Buffett’s top investment advisor Charles Munger explained that gold is a useless relic. Munger thinks people should either be facing a Nazi occupation or else be as stupid as a caveman in order to purchase gold.
Several economic events are likely to take place this year, all of which are leading in one direction: the end of the greenback as the world reserve currency. Some people question how it would be even remotely possible that the dollar could be replaced. The question is a viable one. How could the dollar be unseated?
Among the best investments are companies that pay dividends. But how do you select which companies will continue to pay their dividends even in a rocky economy? The secret is to understand the payout ratio.
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.