Friday , 1 November 2024

Lorimer Wilson

Looking At Retirement & Planning To “Wing It”? Here’s A Better Way

In reality most Americans are winging it when it comes to their retirement plans. The plan for most will be the default with Social Security which was never intended to be the primary source of incomes for millions of Americans. The new retirement is no retirement and working well into old age. If that's you here is how to avoid such a future.

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Where On Earth Is the World’s Gold? (+2K Views)

Within the planet’s crust, there is only 1 gram of gold for every 250 tonnes (550,000 lbs) of earth. Gold’s rarity means that finding economic deposits is extremely difficult. To understand how gold mining and supply work, we must first unearth how gold deposits form. This infographic, part two in our 2014 Gold Series, covers the full supply picture behind the yellow metal.

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Short the Dow & Go Long Gold – It’s the “Trade of the Decade”! Here’s Why (+2K Views)

At the beginning of a hyperinflationary cycle, the stock market virtually always makes substantial gains which is just reflecting the sheer weight of printed money...After the initial enthusiasm the stock market loses its lustre and falls in tandem with the economy into a deflationary depression. The U.S. is now slowly entering such a hyperinflationary phase. Here's what that means for the future price of gold.

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China Can’t Compete Economically With the U.S. – Here’s Why

Since the launch of economic reforms in 1978, China has become the world's second-largest economy, the largest merchandise trader, the largest manufacturer and the largest creditor of the U.S...BUT the nation is still a laggard in so many respects that it still can't compete with the United States. Let's take a look at why that is the case.

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