Will the laws and rules in place to protect individuals in their attempt to set something aside for retirement be safeguarded by the representatives elected to advocate for them in Washington? Will the principles and moral integrity of the political class keep them from appropriating the trillions of dollars held in 401k's and IRA's? I'm not so sure! Words: 1207

Crude oil, natural gas, gasoline — our civilization can't live without them. So it's no surprise that energy exchange traded funds (ETFs) are also big business. Today I'm going to give you a brief overview of the ETFs in this sector. As you'll see, energy is a surprisingly diverse industry. Words: 870

The great dollar devaluation disaster has begun and will continue — with minor short-term pauses and corrections in the decline — for at least the next two to three years and at the very least, the dollar will sink so low and inflation will soar so high that you will eventually need at least TWICE the income you have now just to survive. A lifestyle that costs you $100,000 per year today will be $200,000 or more. Words: 2313

A demographic stampede is about to pulverize American society. Eighty million retirees—the baby boom generation—are rapidly heading into their retirement years and, according to a recent survey, Americans have less money than ever. Being so unprepared can only mean a very unhappy "retirement" unless they pull their heads out of the sand and do something about it before it is too late. Words: 807

In his April 2010 issue of the Elliott Wave Theorist Prechter predicted that these same eight indicators would switch from bullish to bearish by May 7th. Considering the events on May 6th and 7th he is once again sounding prophetic. This is extremely important as the media would have you believe that the events of May 6th were the result of a "fat finger". Words: 1154

Just when popular media suggests that the economy is back off the ropes, the Congressional Oversight Panel, which is charged with monitoring the banking system bailout, is warning that the economy could be headed into round two of the worst downturn since the Great Depression. Words: 734

The economy is now so manipulated by politicians, big bankers, and special-interest groups that making sense of the markets has become an almost impossible feat. Which is to say, it must push even harder on the levers of its printing presses, further setting the stage for the massive period of inflation we continue to see as inevitable… and for a stunning rise in interest rates. Words: 968

If the market is topping, it’s doing so in the face of rosy news in every area except for employment and there is nothing more ominous than a stock market turning down in the face of a “bright” economy. At such times, nobody is ready or positioned for a sudden reversal. [Are you?] Words: 637

It is appropriate that the fiscal crisis of the West has begun in Greece, the birthplace of Western civilization. Soon it will cross the channel to Britain. The key question, however, is when that crisis will reach the last bastion of Western power, on the other side of the Atlantic. Words: 609

In a global crisis sovereign debt fears have the ability to be contagious destroying investor confidence in the capital markets of troubled countries and the overall global economy alike and when confidence wanes, capital flees it is a surefire recipe for falling dominoes. That's especially true today in the wake of a deep global recession that has left many countries with bloated deficits and debt loads. Words: 707