We all know that the U.S. economy is in trouble. But are you aware of the full extent of the current economic crisis? Basically, in recent months the government has loaned, invested or promised $7.8 trillion not only to failing American institutions but to struggling banks outside U.S. borders.
$7.8 trillion is an obscure number for [...]

Tags: America’s economy, Economic Crisis, Gold investment, investing in gold, investment options, investments, Ron Wellman

To say that confidence in global markets is down lately would be a bit of an understatement. These days, investors large and small alike are looking for safer places to hold their capital until the storm clears and things start to settle down a bit.
 Many large institutions are gobbling up USD, but it’s not what [...]

Tags: Gold investments, safe investments, US T-bills

The economy is a scary thing these days. Alan Greenspan recently referred to America’s current financial crisis as a “once in a century credit tsunami,” and people in power have been pushing packages and programs to help ease the credit crunch.
Our government is swimming in a pile of debt, and we’re not the only ones [...]

Tags: economic recovery, Economic struggles, financial crisis, global economy

David Walker, the comptroller general of the United States, is worried about our economic future. In fact, he believes that America is suffering from a fiscal cancer that could result in tragedy if left untreated. Ultimately, he says, the United States will barely be able to pay the interest on its mounting debt, making barely [...]

Tags: America’s economy, David Walker, Economic Crisis, financial struggles, Ron Wellman, smart investments, Warren Buffet