In recent years many people have talked a lot about the effects of inflation on the economy, there is talk of deflation, inflation, hyper-inflation and everything in between. Let’s take few moments and look at how inflation is calculated here in the United States and what it all really means. In the United States the [...]
When investing and planning for retirement, it is important to diversify into different asset classes in order to minimize financial risk. One such way of “spreading the risk” in your portfolio is to include nontraditional assets as part of your investment strategy. Many people don’t realize that other investment options exist for their IRA’s instead of just the traditional stocks, bonds, and mutual funds they are accustomed to. One such example is investing in precious metals in order to hedge against inflation.
Have you read the news lately about gold and silver reaching all time highs? With commodities going through the roof and long term interest rates rising drastically, perhaps you’re interested in protecting your hard earned dollars from that insidious tax known as inflation. Maybe you believe that investing in precious metals is the right investment [...]
I’ve gotten a lot of questions lately from people asking about gold. The questions all pretty much revolve around the idea that gold is a bubble and will the gold bubble burst soon. These questions are asked in the context of the greater commodities rally we have been seeing lately. My answer to their questions [...]
How The Treasury And The Fed Are Running The World’s Greatest Ponzi Scheme In the United States many people believe that the US currency is strong and powerful. What if I told you that absolutely nothing stood behind the value of the US Dollar? What if I told you the government was simply creating money [...]
Caveat Emptor is more important now than ever! The other day I wrote about the radically rising costs of food around the world. I warned that we could face serious socio-economic troubles here in America should people all of a sudden find themselves faced with severe inflation. I’m here to say that we have a [...]
Global Food Prices Rise Will a billion people really fall into the realm of being chronically hungry? Could over 15% of the world’s population really be in a permanent state of starvation? These are the predictions of numerous charities around the world if the current trend continues. At this moment food prices are skyrocketing around [...]
The events of the past month or so in the Middle East have truly been shocking and unprecedented. We have seen long standing governments in Tunisia and Egypt fall; Libya is in the middle of deadly civil war as its long time dictator Gaddafi struggles to stay in power. Riots have occurred in Bahrain, Yemen, [...]
Are you a member of the Echo Boomer generation, those born between 1977-1999? There is a growing concern among members of the Echo Boomer generation regarding their future retirement. When planning for retirement, financial advisers typically discuss counting on three sources of income to fund retirement: Private funds such as savings and IRA’s, employer sponsored funds such as Pensions and 401(k)s, and government sponsored funds such as Social Security. While these sources of income provide for the retirement needs of the Baby Boomer generation, they will not support the needs of the Echo Boomers. First of all, most companies no longer offer pensions to their employees.