It’s a dream for millions to leave something behind for their kids and perhaps even their grandkids. After all, when people talk about establishing “generational wealth,” this is usually the end they have in mind. This end goal may seem fine, but it could be shortsighted. By the time they reach a second generation, 70…
Your Family’s Fortune in a Bank on MarsDetailsAs predicted by Franklin D. Roosevelt, December 7, 1941, is indeed a date that lives in infamy. It was on this day that the Empire of Japan attacked our nation by air and by sea and took the lives of around 2,400 people. December 7 marks National Pearl Harbor Remembrance Day—a date that helps us…
5 Remarkable Facts About Pearl HarborDetailsThe global economy was on fire in 2017 and 2018. Manufacturing and trade buoyed economic growth to new heights. In 2019, however, the flames have begun to fade. The International Monetary Fund deemed global growth to be “subdued” in its July 2019 report. The Organisation for Economic Co-operation and Development (OECD) recently cut nearly all…
Are Global Stimulus Policies Running on Fumes?DetailsIt’s the most wonderful time of year—time to buy gold and silver at cost from U.S. Money Reserve!* Like the holidays, this opportunity only comes around once each year (although sometimes not at all, in the case of gold and silver). Also, this could be one of your final chances to buy Gold and Silver…
Buy Gold and Silver at Cost—Only Until Midnight on December 7!DetailsAs I reflect on this past Veterans Day, I think about the generation that fought World War II. Their courage and valor in those desperate times is inspiring to this day. There is a reason that time period is still the subject of much discussion and its stories are still being depicted in new artworks…
Veterans Day ReflectionsDetailsMany millennials are not known for their long-term financial planning. But as they are getting older, saving and managing money are going to increasingly be important parts of their lives. This will be a challenging endeavor for those born between 1981 and 1996 because of several circumstances of their situation and general trends in their…
Why Millennials Are Poised to Benefit from Asset DiversificationDetailsPalladium has been in the spotlight for the last couple of weeks because of its impressive rally in price. I watch the precious metals market very closely, and whenever I see dramatic price movements, I try to think of them in terms of human impact. How could this surge have affected any one person? On…
With Hindsight Being 20/20, What If You Bought Palladium at the Beginning of 2019?DetailsI was raised in Axtell, Nebraska, a place with a population of only 726 people at the last census—and it has pretty much been that size since I was born. Axtell is in rural Kearney County in southern Nebraska. The house I grew up in was first purchased by my grandparents before the Great Depression.…
Generational Wealth Protection Is Critical to This Mother of SevenDetailsIs it coming? Is it imminent? Is it here? How close is the world to the next recession? There is certainly evidence that could spell economic trouble ahead. Bloomberg’s GDP tracker shows global growth slowing to just 2.2% in the third quarter of this year. There are also whispers that the IMF will cut its 2019 growth forecast, already projected to be the lowest since 2009. And the Brookings Institute is sounding the alarm…
The Monetary Black Hole and the Recession of 2020DetailsIt’s the simple things that we all have in common. Sometimes, all anyone wants at the end of the day is a sense of inner peace. Peace of mind, however, can be a scarce commodity. Nearly 40 percent of Americans have reported that politics have stressed them out. If you are stressed out about political turmoil, you are not alone. A recent study published in the Public Library of…
Diversification Brings Peace of Mind in Tumultuous TimesDetailsFor the past year, we’ve heard various predictions and prognostications from economic experts about an impending recession. Some have called for a downturn by the end of this year. Others maintain that there could be a recession—along with a contentious election—next year. And yet another group of analysts are calling for the longest uninterrupted economic…
Consumer Sentiment: A Wall Street “Sell” Signal?DetailsWe all know that the financial markets cannot continue to climb indefinitely. Stocks have routinely collapsed throughout history, and bad things have been set in motion by a variety of factors, like speculation, inflation, asset bubbles, bank failures, mass unemployment, and geopolitics. Market crashes wipe out what’s called “paper wealth,” leaving a wake of decimated “paper millionaires” who, according to Investopedia, are individuals with “a high net worth as a result of the large total market value of the assets he or she owns.” Many of us with robust pensions or 401(k)s may…
Paper Wealth, Paper Millionaires, and the Paper RichDetails
