We have all heard that Social Security is running out of money and that by the time we retire there won’t be any money left. Have you ever wondered what the government can do about Social Security? Or Have you ever asked, “Why don’t we worry about Annuities and Insurance companies making their payments but we are always worried about the Government equivalent?
What can be done to fix Social Security? Read More »
The furious stock rally continues. But if you’re considering adding to your stake in the markets, be careful where you tread.
On July 23rd the percentage of bulls in the stock market, as measured by the American Association of Individual Investors, jumped 10%. And not only did the survey reveal a huge increase in bullish sentiment, the number of investors who see themselves as bearish dropped 11%. In one day!
The furious stock rally continues… But Read More »
I know as you read this, you are aware that America and the world are currently experiencing an economic crisis. Many economic experts say we could be heading towards a worsening recession or even a depression. In this article, I have listed a few tools that a government has at its disposal to pull itself out of a recession and even avoid a depression. It’s good to be aware of the intervention tools governments use to prop up an economy in order to better protect your wealth and purchasing power.
A Central Bank’s Toolkit to fight a Depression Read More »
You know they are trying to accomplish this ignominious feat. The goal is to keep Americans in an economic stupor. It is working.
Lies and deceit are pervasive. Newspapers, magazines, TV broadcasts, economic analysis and official prognostications are all based on shady statistics. Junk in… junk out.
Can the Feds Lie Their Way Out of a Depression? Read More »
We don’t often think about where gold mines come from. But if we did… we’d realize that gold mines don’t have infinite supplies of gold and when the gold runs out they need to find a new source of gold… or go out of business. So where do gold mines get new gold? In the
Big Gold Miners Need a Minor League Read More »
I must be naive. I really thought the administration would welcome the return of bank bailout money. Some $340 million in TARP cash flowed back this week from four small banks in Louisiana, New York, Indiana and California. This isn’t much when we routinely talk in trillions, but clearly that money has not been wasted or otherwise sunk down Wall Street’s black hole. So why no cheering as the cash comes back?
Obama Wants to Control the Banks Read More »
Editor’s Note: At this point a lot of ink has been spent on whether stocks are really cheap and if the market will now rally from here. Of course “time will tell” but in order to make money we need to know the answer before that. My personal gut feeling is that we still have another
Simple Timing Tool That Will Help You Protect Your Assets Read More »
With banks failing and the economy falling apart everywhere you look, short term we are obviously in a mess. But, I thought I’d present you with an optimistic way to look at the world today. ~editor A Thorn With Every Rose- The Economy isn’t as Bad as it Looks By Alexander Green “Let us be
The Economy isn’t as Gloomy as it looks Read More »
