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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.


Panics And Crashes

I began publishing my monthly newsletter The Bob Livingston Letter™ (subscription required) in 1969. The following is an excerpt from the December 1998 issue in which I warned of the danger of the dot.com bubble. Just 18 months later, the bubble burst. By the way, we are reaching this same point once again thanks to QE.

Our economic system is simply a confidence game. Our credit-based monetary system requires confidence to remain in a positive mode. Confidence is a perception of reality no matter what reality actually is. When money is credit, it is 100% confidence. Inflation can turn on a dime into black hole deflation.

Get The Heck Out Of Dodge

Dear Bob,

In [the November] issue [of The Bob Livingston Letter] you recommended living outside the U.S but you didn’t give us a clue as to where would be a good place to live on a limited income??? I really get frustrated with this because this isn’t the first time you brought this up. Give us some clues please! If everything is going to hit the fan soon then please tell us WHERE??

Thank You,

Anonymous

Senate Committee Considers Virtual Currencies, Agencies Say Legitimate Benefits Exist

The Senate Homeland Security and Governmental Affairs Committee heard testimony Monday concerning virtual currencies. During the hearing, titled “Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies,” Federal agencies told lawmakers that currencies such as Botcoins can be can be “legal means of exchange,” meaning that wider acceptance of the virtual currency could […]

Deposits Are Dangerous

Hello Mr. Livingston,

We’ve been reading your newsletter for quite some time now. I have a question. What do I do with $150,000 dollars in the bank? I believe everything you are saying is about to happen and we are worried about losing our hard earned retirement savings. Please advise.

Thank you and God Bless,

Susan

Living Outside The System And Preparing For Coming Collapse

Living Outside The System And Preparing For Coming Collapse

We almost certainly face a black depression or a total collapse, and very few people are ready. Why? Most people are so accustomed to the easy life with everything at their fingertips that they cannot imagine a crash of the system leaving people desperate. It is much better to be prepared.

Financial Russian Roulette

Dear Bob,

Should I be taking my gold out of my retirement account? You mentioned confiscation of IRAs and 401K accounts which traditionally hold fiat currency, but I still have an IRA with some of my gold in Sterling Trust.

I’m getting a little nervous about it being there but I have not taken it because of the taxes I would incur. I have also wanted to wait until the price of gold dropped a little more. Sometimes it feels as though I’m playing financial Russian roulette. I’d appreciate some input.

Regards,

TJG

The Dream Of Insurance For All: Make Less Money, And Government Will Pick Up The Tab

The Dream Of Insurance For All: Make Less Money, And Government Will Pick Up The Tab

A young married couple recently told me they’re trying to figure out how to make less money so they can qualify for a subsidy in order to make the Affordable Care Act “affordable” for them. Around the same time, and half a continent away, the San Francisco Chronicle published a story that reveals many middle-class Americans are awakening to the same dilemma.

Ron Paul: At The Fed, The New Boss Is The Same As The Old Boss

The news that Janet Yellen was nominated to become the next Chairman of the Board of Governors of the Federal Reserve System was greeted with joy by financial markets and the financial press. Wall Street saw Yellen’s nomination as a harbinger of continued easy money. Contrast this with the hand-wringing that took place when Larry […]

Hide Your Gold To Keep It Safe

Bob,

I just read The Insidious, Hidden Nature Of Theft By Government, which was excellent as usual. However, I question the ending conclusion, “Preserve your labor, your savings and retirement with gold and silver…” Every author of similar articles seems to conclude the same thing. And, I would agree if we were free to own it. Today we are, but what about tomorrow? No author ever mentions that in 1933 the “hoarding” of gold and silver became illegal, per Executive Order 6102. Hoarding at the time meant that it was illegal to own any amount of gold over a mere value of $100 (a face value equivalent to 5 troy ounces (160 g) of Gold valued at about $7800 as of 2011). This information is at http://en.wikipedia.org/wiki/Executive_Order_6102.

I can’t imagine that you are not aware of this, so why are you not pointing this out to your readers. After everyone “preserves” their wealth by buying gold, I believe it’s going to be taken away. People are being led to slaughter.

I welcome a rebuttal that makes good sense. More importantly, if this can happen again, please warn your readers.

Thank you for your consideration,

Steve B.

The Federal Reserve’s War On Seniors

The Federal Reserve’s War On Seniors

The Federal Reserve’s zero interest rate policy (ZIRP) of the past half dozen years or so has been a financial act of war on the country’s seniors and, for that matter, on all savers. Under ZIRP, interest rates are artificially lowered through the Fed’s monetary policy popularly known as “QE,” quantitative easing.

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