In these troubled days in which you live, you may wonder why someone does not do something to counteract the economic decline that seems to spiral further and further out of control with every passing day. The problem that lies at the root of all the financial woes that the world faces today happens to celebrate its forty year anniversary in 2011. This is the milestone that marks the calamitous occasion when President Nixon took the United States off of…[Continue Reading]
You would be in the comfortable majority of people if you think that money and currency are the same thing. The fact is that they are two vastly different elements, and these differences matter hugely to your pocket book and investments. In fact, the divergences between money and currency also give rise to the tax system in the modern world. This system that is in place today in the capitalist world allows for both banks and the government to steal…[Continue Reading]
There are certain topics that come into the forefront more often than others. Amero is another such thing that has been creating ripples amongst the financial market and the countries for a couple of years now. Amero and the debate over it is about a new currency that many believe is going to be introduced by the entire of North America. It is being said that the American government is taking small steps towards achieving their goal of doing away…[Continue Reading]
You would not be alone any more if you experience money problems. Personal debt levels have become one of the great embarrassments of the United States’ and other Western capitalist economies over the last forty years. The rise of credit cards and personal loans that were all too easy to obtain over the last few decades has aggravated the financial and economic crisis to a very dangerous point. The good news is that there is hope for you to escape…[Continue Reading]
If you have ever considered the possibility that you might purchase some silver coins to have in your portfolio of investments, then you may have thought about the fun that you could have if you acquired silver collectible coins. The decision to collect silver coins that are numismatic, or somewhat rare and collectible, instead of to acquire bullion coins, or coins that have no value beyond their silver content, is one that you should consider carefully. One thing that you…[Continue Reading]
When you turn on the news or pick up a newspaper these days, you invariably see a headline about the Euro currency crisis. This crisis only seems to get worse with every week and news update. Just a few days ago, Jacques Delors, the former President of the European Commission, declared that the Eurozone itself stands on the edge of the abyss. You may wonder if there is a way that you can profit from this crisis of confidence in…[Continue Reading]
A lot of people find themselves in so much debt that they will never be able to escape, or so they believe. Most of these people begin accruing debt through credit cards. These, easy to use, cards allow people to spend a lot of money, with a minimal amount of effort. People do not feel the same effect when they swipe a card, as they do when spending cash. The simple reason for this is because they do not see…[Continue Reading]
As the confidence of people and governments around the world in the U.S. dollar has waned, some have pushed and called for another medium of exchange. You have seen states like Utah pass laws to allow gold and silver coins to be used along side the dollar. You may not be aware of the fact that there is an alternative currency that you can utilize to pay for goods and services besides the dollar, gold and silver. In fact, this…[Continue Reading]
You have probably heard some of the talk about the imminent end of the Federal Reserve’s much vaunted Quantitative Easing Two Program, more simply known as QE2. At the end of June, the Fed will cease and desist its second round of life support stimulus that the U.S. economy has enjoyed since the end of last year. This is a momentous event for the overall economy that could have far reaching effects that even extend to your investment portfolio and…[Continue Reading]
Although you may not be aware of what a fiat currency is, you actually use it every day. The U.S. dollar, as well as most major currencies in the world, are fiat currencies. The paper bills, debit cards, and credit cards in your wallet all represent the fiat currency. There are real problems with the economies of countries that use fiat currencies long term. In the following paragraphs, you will understand what a fiat currency really is, and what the…[Continue Reading]
