The world economy is in a very fragile state, despite the fact that world gross domestic product is growing at a rate of about 4.3 percent this year. Most of the growth comes from emerging markets like China, Brazil and India. What differentiates these nations from the West is they typically have much lower levels of debt.
“We’re on the verge of a great, great depression. The (Federal Reserve) knows it.” So said Peter Yastrow, market strategist for Yastrow Origer on CNBC Wednesday. Yastrow’s point: Money managers can’t find an investment they feel is a safe haven for their investors. That’s because the Federal Reserve’s Ponzi scheme has been exposed for the fraud it is.
A lot has been written about commodities and precious metals in the recent past. While some investors believe that we are in the middle of a super cycle for commodities and precious metals, others think that there is already too much speculation built into current prices; that we are in a speculative bubble that will have to burst eventually.
*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.
The growing political chaos in Libya has caused oil prices to spike and has raised concerns about further inflation in the United States.
When facing questions about foreign currencies, a common response is, “I don’t care about currencies. I buy my milk, butter and bread in United States dollars, I get paid in U.S. dollars and my mortgage is in U.S. dollars.” Read this article to learn why foreign currencies need to be a part of your investment portfolio…
People who hate the discipline of gold are creative in their attacks to discredit honest money. They say gold is in a bubble. But it is paper money that is in a bubble and the world is in the blow-off stage. In fact, every passing hour there is created tens of millions of dollars in phantom money. Read this article to learn more about the money bubble…
Governments in Europe have their eyes on the private pension funds of their citizens. And some in and around the administration of President Barack Obama have expressed their desire to get their hands on the retirement funds of Americans. But you can protect your assets by putting your money offshore in an offshore insurance account…