Baby Boomers Cashing in their Stocks for Retirement

by Leave a Comment

76 Million Baby Boomers To Cash Out Retirement – Can The Economy Handle It?

Original Post January 12, 2015

AS MILLIONS OF BABY BOOMERS MOVE ON TO RETIREMENT, THEY’RE CASHING OUT OF STOCKS. CAN YOUR PORTFOLIO WITHSTAND THE SELL-OFF?

withdraw savings 76 Million Baby Boomers to Cash out Retirement – Can the Economy Handle It?

From Rachel Mills

We frequently discuss the many reasons why the economy as we know it is unsustainable. The Federal Reserve has printed the bejeebus out of the U.S. dollar. Our manufacturing sector is being continually chased overseas. China and Russia are buying gold like crazy. We don’t make much of anything anymore except war. The majority of Americans aren’t saving anywhere near enough for retirement. Even if they were, it is all being inflated away. [Read more…]

Greek Euro Exit Could Turn Into Fiscal Ebola

by Leave a Comment

Posted on

COULD THIS DECISION BY GREECE SEND FINANCIAL MARKETS INTO TURMOIL? FIND OUT WHY SOME EXPERTS ARE PREDICTING JUST THAT.

greece exit eurozone Greek Euro Exit Could Turn Into Fiscal Ebola

A Greek decision to leave the eurozone could send financial markets into turmoil even worse than the collapse of Lehman Brothers in 2008, a leading international economist has warned.

[Read more…]

This Will Not End Well

by Leave a Comment

Posted on

WITH THE U.S. GOVERNMENT PULLING THESE TWO CRITICAL SAFETY NETS FOR THE ECONOMY, THE WRITING ON THE WALL FOR YET ANOTHER CRASH SEEMS FAR TOO APPARENT.

this will not end well This will not end well!

From L. Todd Wood

I was a fairly new employee on Wall Street, a decade and a half ago. I had only been trading about five years but I clearly remember when Sandy Weill, the architect of Citigroup, walked in my office to rally the troops during a management visit. Jamie Dimon, the currency CEO of JP Morgan Chase, dutifully followed behind with a clipboard, taking notes from the master.

[Read more…]

Jim Cramer Explains Why You Need Gold As Insurance

by Leave a Comment

Posted on

BEST-SELLING AUTHOR STATES THE SIMPLE CASE FOR WHY EVERY AMERICAN NEEDS SOME GOLD TO PROTECT THEIR SAVINGS.

jim cramer gold insurance Video: Jim Cramer Explains Why You Need Gold as Insurance

Does your portfolio have an insurance policy?

If you’ve never considered having an insurance policy for your stocks, Jim Cramer is encouraging you to think again. According to the best-selling author and host of the CNBC show, Mad Money, “everyone should have one.” After all, “you won’t own a home without home owner’s insurance; you won’t own a car without car insurance.” And that’s exactly why your portfolio also needs insurance – something to tide you over when things threaten to go bad.

[Read more…]

Gold Was The Second Best Currency In 2014

by Leave a Comment

Posted on

IN FUTURE YEARS, WHEN THE DOLLAR REVERTS TO THE AVERAGE, WHAT WILL HAPPEN TO YOUR SAVINGS THEN? THIS IS A PERFECT CAUTIONARY TALE FOR WHY GOLD IS SO VALUABLE IN YOUR PORTFOLIO.

GOLD Gold Second Best Performing Currency 2014 12262014 lg Gold Was the Second Best Currency in 2014

Given the strength of the U.S. dollar, it is surprising that gold has held its own in 2014. Even though the yellow metal lost some of its value last year, it still outperformed all major world currencies except for the U.S. dollar.

[Read more…]

Could Low Gas Prices Really Pose This Threat To Your Savings

by Leave a Comment

IF YOU THOUGHT THERE COULD BE NOTHING WRONG WITH PLUMMETING GAS, YOU MAY BE SURPRISED BY HOW MUCH YOUR SAVINGS ARE TIED TO THE SUCCESS (AND FAILURE) OF BIG OIL.

low gas prices Could Low Gas Prices Really Pose This Threat to Your Savings?

From Rachel Mills

After November’s midterm elections, we had been waiting with bated breath for gas prices to rise again. After all, they usually seem to dip and surge around elections. Or maybe that is only how it seems some years. Memory can be so selective.

But this time the surge in prices following the election hasn’t happened. We suggested to readers, tongue-in-cheek, to fill up their tanks on the way to the polls in anticipation for that post-election upswing, but instead, prices have kept falling. And so, instead of behind-the-scenes forces struggling to manipulate prices downwards for the benefit of the political class, it seems instead that something else is going on. [Read more…]

Tanking Ruble Stings Russian Consumers

by Leave a Comment

AS THE WORLD IS MOVING INEXORABLY AWAY FROM THE DOLLAR, COULD WE ONE DAY BECOME WITNESS TO A SIMILAR SCENARIO HERE IN AMERICA?

Posted on

Moscow-Retail-StoreFearing hyperinflation, Russian consumers aren’t taking any chances so they hurried into stores Wednesday to buy big ticket items before prices were forced further up by the rapidly plunging value of the ruble.

This week the Russian ruble has hit a record low of 80.10 against the dollar on Tuesday, raising fears of bank runs. The currency lost 19% of its value in just the past three days amid the worst financial crisis the country has seen since the late 1990s. Cars and home appliances were flying off the shelves – in some cases in record numbers, according to the Associated Press.

[Read more…]