Pricing the American Dream Out of Reach

Investors are drastically driving up the cost of real estate for the middle class.

According to the National Association of Realtors (NAR), home prices are up 19.1% from April 2020 to April this year, as every region in America recorded price increases. “This is a record high and marks 110 straight months of year-over-year gains,” it stated. The NAR also explains that much of this price rise can be attributed to low inventory. At the end December, housing inventory stood at just 1.07 million homes for sale on a national level, marking the lowest number of available homes in 39 years. Continue reading

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Pandemic Fraud Pays Handsomely

When our government offers up free money, we shouldn’t be surprised if the crooks beat us to it.

The least we could’ve done was set up this money-grab so good ol’ American crooks could steal the taxpayers’ money. Instead, it appears we shipped these lucrative jobs overseas.

“Unemployment fraud surged during the coronavirus pandemic,” reports Fox Business, “with billions of dollars likely ending up in the hands of foreign crime syndicates based in China, Russia and other countries, experts say.”

Total damage? Around $400 billion lost to fraud, according to estimates. Continue reading

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Unemployment Pays How Much?

In 21 states, individuals on unemployment can pull in $25 an hour.

There are 9.3 million job openings currently in the U.S. labor market. In other words, there are plenty of jobs to be had for anybody seeking one. But that’s just the problem — few people without jobs are seeking work. Continue reading

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Financial Takeover and Your Bank Account

Ever hear of Yodlee? Neither had I, until I discovered it was aggregating my data in my bank account, and likely selling it to third parties. This quickly became a personal dig, until I found staggering connections that I realized the public needs to be made aware of. Before you determine this has nothing to do with you, I urge you to review this article in its entirety and pay close attention to the timeline actions, because this affects ALL OF YOU, and it’s being rolled out in multiple countries. Continue reading

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The Keys to Successful Gold and Silver Ownership

“I keep six honest serving-men (They taught me all I knew); Their names are What and Why and When And How and Where and Who.” ~ Rudyard Kipling

I. Who invests in gold?

Institutions and hedge funds invest in gold… Funds and institutions, so-called professional investors, have poured enormous amounts of capital into gold over the last few years through ETFs, paper ownership in futures and options, and outright physical ownership in the form of bullion. Due to the constraints and logistical problems associated with outright ownership of large physical positions, the most significant funds and institutions with the most extensive commitments do most of their investing through gold ETFs. The chart on gold ETFs’ growth (shown below through 2020) offers ample evidence of growing institutional interest in gold ownership, including the record-breaking stockpiles’ surge in 2020. “Investment demand,” says ETF Trends, “remains robust as an increasing number of institutional investors, sovereign wealth funds, and central banks seek gold as a potential source of return and diversification to traditional stock and bond portfolios.” Continue reading

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733,706 Cliptocurrency Accounts Fly to Bitcon Heaven in 24 Hours

BEWARE… of Cliptocurrencies

I did an interview recently with the lovely Michelle Holiday before the latest fireworks from the Cliptocurrencies. Michelle wanted to make a valid point that people have made a lot of money investing in what I believe are electronic Beanie Babies. Of course my response was that we hear from the people who have made money in the scam but not from those who lost money. In my view there are a lot more of those. Continue reading

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Why Gold? ~ The Central Bank Digital Dollar Is Coming

Prepare for Totalitarian Domination

The United States nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency. This is a huge part of their plan: a fully centralized digital currency where freedom and privacy are nonexistent.

This is the first effort of its kind in the United States. Continue reading

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Gold investment demand continues to struggle but market is improving

The gold market is still struggling to attract new investor interest that would push prices out of their trading range. However, the World Gold Council (WGC) said that it does see some improvement in the marketplace.

Thursday, the WGC said that 18.3t tonnes of gold, valued at $1.1 billion, flowed out of the global gold-backed exchange-traded funds (ETFs) in April, marking outflows for five of the past six months. In total, global assets under management (AUM) stand at 3,567 tonnes, valued at $203 billion.

“Since the peak asset levels in November 2020, gold ETF AUM has fallen nearly 14%, with 8% coming from outflows and 6% coming from the gold price selloff in US dollar terms,” the analysts said. Continue reading

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Gold’s move above $1,800 repairs a lot of damage, momentum points to higher prices

Gold investors can finally breathe a sigh of relief as prices have broken resistance at $1,800 an ounce and some analysts see the potential for higher prices.

June gold futures last traded at $1,815.80 an ounce, up 1.77% on the day. Continue reading

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Buffett: We are seeing substantial inflation and are raising prices

Billionaire Warren Buffett is joining the long list of executives saying serious levels of inflation are starting to take hold as the U.S. economy roars back from the COVID-19 downturn.

“We are seeing substantial inflation,” Buffett said at the Berkshire Hathaway annual shareholder meeting broadcast exclusively by Yahoo Finance. “We are raising prices. People are raising prices to us, and it’s being accepted.Continue reading

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