Russian Roulette: Put one bullet in the cylinder of a revolver, spin the cylinder, point the gun at YOUR head, and pull the trigger. Most revolvers have 6 chambers, so your odds of surviving are 5 in 6, IF you quit after pulling the trigger once. Press your luck, spin the cylinder, point the gun, and pull the trigger again. It might be okay. Try for a third time? Now let's play Russian roulette - derivatives style.
Read More »Search Results for: economic collapse
Americans: Here’s How to Protect Your Retirement Assets From Coming Gov’t "Confiscation" (+11K Views)
Mandatory IRAs as proposed by the Obama Administration is just the 1st step in stealth nationalization and forced investment of our retirement benefits to support the treasury debt market! [As such,] every American with substantial retirement assets must [begin now to] protect themselves from having to become buyers of last resort for US treasury obligations. [Let me explain.] Words: 6349
Read More »The American Way: Living “The” Lie (+4K Views)
Appearances are all that seem to matter in our society today. Dying in debt will be common place in the coming years. Fully 21% of Americans say they don’t think they will be able to pay off their debts — including their car, credit cards, student loans and mortgages — in their lifetime. Our debt addict society is dying of an overdose.
Read More »The ‘Money Industry’ Owns the American Political System (3K Views)
The ‘Money Industry’ bought control of America and, as such, bought control of the American political system and, in the process, betrayed America’s trust in them. They are still in control and there is no end in sight. Words: 1611
Read More »This Situation Could Trigger Next Great Financial Crisis
The U.S. public sector pensions situation is a looming disaster that could trigger the next great financial crisis spreading from pensions to currencies...student loans, emerging markets, and European failed states.
Read More »The Single Best Reason to Own Gold Is… (+3K Views)
Today all currencies are fiat, that is, they are money only by government edict, by the law; they have no inherent value and are not backed by reserves. Because of this central bankers around the world can create/ print new money almost without limit, and as with all markets currency prices are set by the law of supply and demand, and as more dollars, euros, pounds and yen are created, their value falls. [Let me explain the ramifications of such action.] Words: 785
Read More »What Should the New Normal Be For the Gold:Silver Ratio? (+3K Views)
Why do some analysts argue that the gold:silver ratio should reflect the relative rarities of the two metals in the ground and therefore be 10:1 or lower? I don’t know, but it isn’t a valid argument. Neither is the argument that the gold:silver ratio should be around 16:1 because that’s what it averaged for hundreds of years prior to the last hundred years. So, what should it be?
Read More »The Central Bankers’ Theme Song: “Money, Money, It’s a Rich Man’s World!” (+3K Views)
I was afforded a most extraordinary experience recently that has given me unique insight into our global financial and political systems. The information I gleaned from this experience is disturbing. What you are about to read will forever change your view of banking, politics, economics and money. It certainly did mine!
Read More »6 Things To Do In Anticipation Of Coming Recession & Resultant Bear Market
Consider a bear market as a golden opportunity to do some house cleaning and welcome some new stocks that had been evading your portfolio due to high prices.
Read More »Forget About Tomorrow: This Is How Rising Government Debt Affects You & Me Today
When the government goes further into debt the biggest problem isn’t that it places a burden on future generations, since the debt will never be repaid anyway. The biggest problem is the immediate dampening effect it has on economic progress.
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