U.S. consumers accumulated more new credit card debt during the 4th quarter of 2015 than they did during the years of 2009, 2010 and 2011 combined. That is absolutely insanity, because other than payday loans, credit card debt is just about the worst kind of debt that consumers could possibly go into. Extremely high rates of interest, combined with severe penalties and fees, can choke the financial life out of almost any family in no time at all.
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Gold Could Easily Reach $6,000 Under These Circumstances (+2K Views)
Inflation is finally picking up, and could quickly get out of hand. If inflation tops 5%, the potential top for gold prices is $6,000, taking into account money supply expansion since 1980.
Read More »Where Are the Hottest & Weakest Housing Markets Worldwide?
Guess where the hottest and weakest housing markets in the world are? Where are home prices growing faster than disposable personal income? It's all here.
Read More »Financial System In Desperate Condition For All Who Look So…Let’s Look
How is it that a handful of people were able to see the financial crisis of 2008 coming? How could they see what nobody else saw? Easy. They looked, and they should again, because there are 9 ominous similarities between 2008 and 2016.
Read More »Dramatic Decline In Spending By Rich Means Stock Market Crash Coming
A second demographic cliff is developing in spades, and globally, and it is going to cause a serious stock market crash in the year to follow.
Read More »Financial Crisis Now Entering A Very Dangerous Phase
Soon the problems in the world economy are likely to resume with a vengeance leading rapidly falling asset markets and currencies. Gold and silver will move up very strongly. The lucky few who can afford some physical gold will weather the storm better financially - but no one will escape the suffering that will hit the world in coming years.
Read More »Protect Your Wealth From Possible Black Swan Events – Here’s How
Every investor owes it to himself to make sure that his investments will not be completely wiped out in the coming financial Armageddon by providing an adequate level of insurance against risks that prey upon the value of paper investments i.e., physical gold held by the investor himself on his own premises.
Read More »Stocks Are Better Investments Than Gold and Bonds (+2K Views)
Investing is often described as the process of laying out money now in the expectation of receiving more money in the future. Investment possibilities are both many and varied. There are three major categories 1) currency-based investments, 2) gold bullion and 3) investment in productive assets, and it's important to understand the characteristics of each. [Let me explain the differences and why I choose the latter.] Words: 1780
Read More »Dividend Stocks Belong in Your Portfolio – Period! Here’s Why & How
If you don’t have dividend stocks in your portfolio, you’re making a costly mistake because the best-performing stocks over the long haul are dividend stocks. Period. Countless studies prove it, too. Don’t waste your time on Google trying to verify that claim. The evidence is right here! [Let's take a look.] Words: 620
Read More »Invest In Various Natural Resources NOW & Withstand the Coming Economic Storm – Here’s Why & How (+4K Views)
An understanding of the current economic realities and trends suggest that it is imperative that you take steps now to prepare for the economic storm that's coming & identify which safe haven investment alternatives you should invest in to actually prosper in the years ahead. This article does just that.
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