Our global population is getting older. The OECD predicts that 30% of people worldwide will be aged 65 or over by 2050 and, while some countries are relatively prepared to handle this increase in the elderly demographic, others are already feeling the squeeze and struggling with the challenges that come with a rapidly aging population. What Makes a Country Retirement-Friendly? When …
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Silver Rally Will Not Cause Gold/Silver Ratio To Drop To 15:1 – Even 30:1 – Even 45:1. Here’s Why (+4K Views)
The gold/silver ratio has rather shockingly continued to rise steadily, and this month it has even broken above 90:1 but don't expect some kind of automatic reversion of the gold/silver ratio down to dramatically lower levels in favor of silver just because the current ratio seems very high. It is much more likely that future silver rallies will peak and top out around a gold/silver ratio in the range of 50:1. Here's why.
Read More »A Moderate Recession, NOT a Systemic Crisis, Is Likely In Canada
The Oxford Economics Financial Indications Index shows a recession in Canada is almost certain at this point. It’s unlikely to be a brief one either,
Read More »There’s Blood In the Streets! Here’s Why & What To Do About It
Rarely has there been a market where both stocks and bonds have fallen so hard at the same time and, if you’ve tried to hide in cash, well, inflation is crushing you too. From an investor standpoint, there is blood in the streets, and things can still get much worse, especially considering...
Read More »U.S. National Debt At New High; The Consequences Will Be Severe
Debt isn’t without consequences - and the consequences will be severe when the chickens come home to roost.
Read More »12 Tips to Effectively Manage Your Credit Card Debt
If you're like most people, you probably have a credit card and, if you're like most people, you also have some amount of credit card debt. Below, debt relief experts Creditfix have shared some of their top tips on how you can tackle your credit card debt more effectively.
Read More »Assessments of Powell’s Favorite Indicators Say…
Powell has three jobs at the Federal Reserve: Ensure the US Treasury market functions; Price stability and Employment. [Below is my assessment of how each is evolving and what we can expect from the Fed over the next 3 to 6 months and the effect on the U.S. economy.]
Read More »Debt Clocks of U.S., U.K., Canada, Australia & Rest of World (+5K Views)
A BIS study warns that budgets of most advanced economies, excluding interest payments, "would need 20 consecutive years of surpluses exceeding 2 per cent of gross domestic product – starting now – just to bring the debt-to-GDP ratio back to its pre-crisis level".
Read More »The Collapse of the U.S. Dollar is Unavoidable! Here’s Why (+6K Views)
The mother of all collapses is still in front of us. Below are my reasons why that is the case and how to protect yourself financially from such an eventuality.
Read More »Coming Currency Superstorm Will Be Absolutely Catastrophic for U.S. Economy (+5K Views)
What would happen if someday the rest of the world decides to reject the U.S. dollar and that process suddenly reversed and a tsunami of U.S. dollars come flooding back to this country? It is frightening to think about. Just take a moment and think of the worst superstorm that you can possibly imagine, and then replace every drop of rain with a dollar bill. The giant currency superstorm that will eventually hit this nation will be far worse than that.
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