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Category Archives: The Mine or the Shaft
Why Gold Is The King Monetary Asset, Not Bitcoin
There seems to be a lot of misinformation being peddled on the internet about gold and bitcoin. One major misconception is the notion that bitcoin will replace gold as a monetary instrument. Some analysts, once stanch precious metals advocates now … Continue reading
Rickards: Blundering Into Recession
June 12 is just three weeks away… That’s when the Federal Open Market Committee, FOMC, the Fed’s interest rate policy arm, will in all likelihood raise interest rates another 0.25%, the seventh such rate increase since the “liftoff” in interest … Continue reading
Nearly 51 Million Households In The United States ‘Can’t Afford Basics Like Rent And Food’
If the U.S. economy is performing well, then why can’t 51 million households in the United States “afford basics like rent and food”. A stunning new report that was just put out by the United Way ALICE Project shows that … Continue reading
“Backing Up” Your Off-The-Grid Finances
History shows financial meltdowns surprise most people. Do you have an off-the-grid backup plan in place, just in case? Our Financial System is Wobbling One of the most critical systems that almost all of us rely upon is among the … Continue reading
Bitcoins, Beer and the Student Loan Disaster
A large percentage of the $1.48 trillion student loan debt accumulated by Americans was never spent on tuition at all. Instead, much of that money went towards everything from beer, Bitcoin, spring break shenanigans and exotic reptiles. More than one … Continue reading
401(k) lawsuits are surging. Here’s what it means for you
Lawsuits may lead to lower fees, but may also stifle innovation. Litigation related to 401(k) plans — which had declined after the Great Recession — has surged again recently. Over 100 new 401(k) complaints were filed in 2016-17, the highest … Continue reading
The 3 Stage Housing Bubble Collapse
Most Americans don’t know, but the housing market is heading toward another epic bubble. However, the bubble forming today is much different than the subprime housing meltdown in 2007. Back in 2007, there was an oversupply of homes, whereas today … Continue reading
A Cashless Society – It is Coming
You love your credit cards, right? Handy and easy, you just whip it out and purchase whatever you want. No cash; no hassle. And everyone makes it so easy for you Before you bask in all this convenience, consider just … Continue reading
High-Paying Trade Jobs Sit Empty, While High School Grads Line Up For University
Like most other American high school students, Garret Morgan had it drummed into him constantly: Go to college. Get a bachelor’s degree. “All through my life it was, ‘if you don’t go to college you’re going to end up on … Continue reading
Bitcoin vs The Old World Order
A comprehensive look at Bitcoin and why blockchain technology can be so disruptive to the status quo In the beginning of 2017, you could buy 1 Bitcoin for around $700-$900. Throughout the summer, Bitcoins price started to soar and seemed … Continue reading
