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.
Is wealth and ownership of paper money the same thing?
Addressing the Nation 42 years ago to “outline a new economic policy,” President Richard Nixon failed to disappoint: Wage and price controls were instituted, the automobile industry was browbeaten into reducing prices and a 10 percent tariff was assessed on all imports. All this occurred before Nixon announced his grandest exploit: the termination of U.S. commitments to exchange gold for dollars with foreign governments.
It never ceases to amaze me the amount of blind faith average Americans place in the strength of the U.S. dollar. It’s dangerous to believe one argument for the dollar’s strength, that there is no way the dollar’s value will ever collapse because it is the dominant petro-currency, and the entire world needs dollars to purchase oil.
Government in Mexico exists, to be sure; but it has been slow to acquire the desire and sophistication to put its boot heel on the neck of its citizens. Yet, as Mexico becomes more First World, so has its government. While light years behind the USSA in intrusiveness, Mexico is following briskly in the footsteps of its northern neighbor.
The Senate Homeland Security and Government Affairs Committee set the wheels in motion this week for a comprehensive review of how it plans to clamp down on virtual currencies like Bitcoin.
It is certain that Federal Reserve Chairman Helicopter Ben Bernanke was relieved last month when he testified before Congress and his longtime antagonist, Congressman Ron Paul, wasn’t present. Bernanke’s statement that “… nobody really understands gold prices, and I don’t pretend to understand them either” went unchallenged.
Welcome to the wacky world of 2013, where bad financial news is met with the cheers of investors who believe stimulus will last forever, where foreign investors dump the U.S. dollar in bilateral trade while mainstream dupes argue that the greenback is invincible, and where everyone seems to be buying precious metals yet the official market value continues to plunge.
You say to take possession of your stock certificates. When I tried to do this they wanted to charge me $500 for each certificate. Is there a way around this fee?
On Wednesday, President Barack Obama delivered a speech in Galesburg, Ill., decrying political conflicts that aren’t focused on improving the economy, heralding his Administration’s economic efforts and promising to do more work on the economy. Obama said that over the past 40 months, American businesses have created 7.2 million new jobs. But, as pointed out […]
Editor’s Note: This article by former Congressman Ron Paul first appeared at the-free-foundation.org, the temporary home for his weekly column until his personal web page is up and running. We are publishing it on Personal Liberty because of the impact Paul’s relentless criticism of Fed policy throughout his Congressional career had in bringing the Nation’s […]