Most people have an unfailing tendency to put their trust in other people. Which isn’t always a bad thing…until it comes to your money.
There are just too many variables involved with putting your money into people and companies. Maybe your investment banker pushes you to put all your money in a hot new company…and that [...]
In the recent months, foreign and domestic investors alike have been stocking up on long-term U.S. treasury bills in record numbers, causing a 19.9% surge in the prices of the treasury bills in a single month. (If you’re not sure why that percentage is so significant, you can find more information in my article called [...]
Tags: investing, investing capital, investment options, Ron Wellman, U.S. treasury bonds
Many investors still don’t see gold as being a wise investment option, mainly because they just aren’t aware of its true worth. After all, we haven’t used gold as a currency for many years, so people are putting their faith in our current currency of choice: the dollar bill.
There are some that do realize the [...]
Tags: Central banks and gold, currency, God and gold, Gold currency, investing, investments, New King James Bible, Ron Wellman, Value of gold
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 [...]
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
Unless you’ve been hiding under a rock lately, you’re well aware that the American economy is struggling, to put it mildly. American families are losing their homes in alarming numbers and the government has dug itself into a hole of debt that it may never be able to climb out of.
Thanks to our unfailing use [...]
Tags: dollar bill, fiat money, financial problems, gold, Gold currency, investing, Ron Wellman, silver, U.S. currency
According to Larry Edelson, higher taxes are not going to be the largest cost of the $700-billion bailout package that was recently approved and implemented by Uncle Sam. He believes that your biggest concern should be the “sheer destruction of the purchasing power of your money, an outright devaluation of the dollar that’s going to [...]
Tags: Financial, gold, investing, investment opportunities, investments, Ron Wellman, safe investments, stock market, Stock market concerns, taxes
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