Finance

The main reason to buy gold and silver any time is as insurance against extreme negative events. The main reason for buying gold in 2016 remains the risk of an international monetary system collapse. Gold is money in extremis.

Seventeen million new vehicles were sold in 2015, the highest it’s ever been in United States history but, while the media claims that this record has been reached because of drastic improvements to the U.S. economy, they are once again failing to account for the central factor: credit expansion.

This year's World economic Forum proposes adding a new word to the English language motivated by a recognition that the word ‘debt’, as defined by Merriam Webster, implies something that is owed and will be paid back and that his definition is becoming a very Inconvenient Truth for the world’s bankers and politicians. It has been proposed that the word “debt” be replaced with the word “agfok”, an acronym for “A Gift For Our Kids”.

The financial industry & financial news networks have been discussing whether or not the government should be getting involved with more quantitative easing (QE4) in order to slow down or try to prevent the fall in the markets. This idea is unconscionable to us and it absolutely cannot happen. Here's why.

Today, I would like to share with you an outline and some suggestions to consider about general emergency preparedness. Our well being and the well being of our loved ones may depend on our preparedness in the times to come. Precious metals alone won't be enough to keep us safe from harm.

Is pursuing an MBA a good financial move? Well, the top 25 business schools in the U.S. generated between 325% and 249% Return On Investment over a 10 year period with starting salaries averaging between $97,000 and $125,000 per annum ($111,760 on average) exclusive of bonuses and various perks.

In a dynamite interview, Richard Fisher, former president and CEO of the Federal Reserve of Dallas, gave what may be the biggest confession you’ll ever see and hear from a Federal Reserve insider:

When the Federal Reserve decided to lift interest rates, they made a colossal error. You don’t raise interest rates when a global financial crisis has already started. That is absolutely suicidal...Surely the “experts” at the Federal Reserve can see what is happening:

The Pew Research Center’s recent report says that 49% of adults are members of the Great American Middle Class. My more qualitative analysis suggests that no more than 33% of U.S. households qualify as middle class. Claiming that 49% of the nation’s households are still middle class is a gross exaggeration and I substantiate my contention in this most interesting and revealing article.

On January 1st, 2016, a new bail-in system will go into effect for all European banks which means that, if you have more than 100,000 euros in a European bank right now, you are potentially on the hook should that bank go under. In the U.S. the Federal Reserve recently adopted a new rule that limits its ability to lend emergency money to banks. Is that the first step to European style bank "bail-in" legislation being enacted in America?