LATEST NEWS: A Day Of Reckoning For The Euro Has Arrived – 26 TRILLION In Currency Derivatives At Risk

This is the month when the future of the eurozone will be decided.  This week, Greek leaders will meet with European officials to discuss what comes next for Greece.  The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout.  Officials from other eurozone […]

Continue reading

LATEST NEWS: Savings accounts are at risk as long as JP Morgan CEO gets everything he wants

If you want to understand what’s wrong with the US financial system, start by asking this question: why does Jamie Dimon always get his way? Dimon is the charismatic chief executive of the nation’s biggest bank, JP Morgan. JP Morgan has $2.5tn in assets and holds more than 10% of all the savings deposits in […]

Continue reading

LATEST NEWS: China hoarding gold to challenge U.S. dollar?

In a world filled with fiat currencies, how important is gold’s role in the financial system? Proponents often view the precious metal as a hedge against economic chaos, while critics typically claim gold is hardly more than an unproductive rock. Interestingly, some countries appear to believe gold is quite important, and one former Fed chair […]

Continue reading

LATEST NEWS : Get your money out of Britain: Global banks warn investors 'Yes' vote would be 'cataclysmic' for UK economy

International investors have been warned to pull their cash out of Britain to protect themselves against the ‘cataclysmic’ impact of Scottish independence. Japan’s biggest bank, Nomura, warned sterling could plunge by 15 per cent in the event of a ‘Yes’ vote – amid warnings over a ‘run on UK assets’ threatening savings and pensions of […]

Continue reading

LATEST NEWS : Inflation – Crash Course Chapter 11

For close to 300 years, inflation in the US remained very subdued. Small spurts occurred around major wars (Revolutionary, Civil, WW1, etc), but after each, inflation quickly trended back down to its long-term baseline. If you lived during this stretch of time, your money had roughly the same purchasing power your great-grandfather’s did. But something […]

Continue reading

LATEST NEWS : A Brief History of US Money – Crash Course Chapter 9

Looking at the past 100 years of the US dollar’s history, one theme becomes abundantly clear: in times of crisis, the US government has no issue with changing its own rules or breaking its own laws. And those “temporary” emergency measures have a nasty habit of quickly becoming permanent. Among the more notable milestones of […]

Continue reading

003: Why Banks Legally Can't Be Trusted With Your Money

In this podcast, I discuss why it’s irresponsible for anyone looking to grow wealth to trust their money to the banking system… Listen now: Listening Options: iTunes – Click Here Non-iTunes Public Feed – http://goldforlife.libsyn.com/rss Download To Computer: Click Here

Continue reading

LATEST NEWS : Are Americans filling up on too much debt?

Americans love cars and debt, so it’s only natural that they would combine the two. A new report finds that auto loans are becoming more supercharged than ever as financing terms reach record highs. However, consumers should remember to steer clear of buying more car than they can really afford. continue reading at usatoday.com

Continue reading

LATEST NEWS : Half The Country Makes Less Than $27,520 A Year And 15 Other Signs The Middle Class Is Dying

If you make more than $27,520 a year at your job, you are doing better than half the country is.  But you don’t have to take my word for it, you can check out the latest wage statistics from the Social Security administrationright here.  But of course $27,520 a year will not allow you to […]

Continue reading

Creating A Life You Love With The Money You Already Have – Lesson 13 – Wisdom Wednesday's

One of the wisest lessons I learned was “It’s never the money you make, but the money you keep that’s important”… In today’s Wisdom Wednesday I want to give you a training that will open up really the power of utilising the money you’ve already got and really adding to it slowly and still creating […]

Continue reading