Friday , 1 November 2024

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What’s Up (er… down) With Gold These Days? (+2K Views)

Gold is universally recognized as a safe-haven investment, a go-to asset class when others look uncertain but this week has been a particularly rocky one for the metal, even with Greece and Puerto Rico’s debt dilemmas, not to mention the recent Shanghai stock market decline. In fact, gold has traded down for 10 straight sessions to end the week at its lowest point in more than 5 years.

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These 23 Countries (+ Greece) Are Also Facing a Full-blown Debt Crisis

An unprecedented global debt bomb threatens to explode at any moment. 24 nations are currently facing a full-blown debt crisis, and there are 14 more that are rapidly heading toward one. The only “solution” under our current system is to kick the can down the road for as long as we can until this colossal debt pyramid finally collapses in upon itself and when it does it will be unlike anything that we have ever seen before.

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10 Charts Showing Tenuous U.S. Economic Situation

Our economic situation is vastly misunderstood and the future adverse consequences of this misunderstanding can not be understated. To highlight the tenuous situation I present below 10 charts on the economy that highlight the "atypical" nature of our economic situation a full 73 months after the official June 2009 end of the recession. To say there is much “on the line” here would be a complete understatement.

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Biased Investors Are Losers! Does That Include You?

As history all too clearly shows, investors always do the “opposite” of what they should when it comes to investing their own money. They “buy high” as the emotion of “greed” overtakes logic and “sell low” as “fear” impairs the decision making process. Here are 5 biases that will keep you from achieving your long term investment goals.

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8 Signs You’re Flirting With Financial Ruin (+2K Views)

Are you heading for a financial fall? The line between a future of financial solvency and one of distress is thinner than you might think. Bankrate offers eight signs you're flirting with financial ruin. If four or more of these signs sound familiar, it's time to seek help. [Take a look.] Words: 1697

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