Sierra Madre Precious Metals

Millions of American’s lost their retirements and savings in the devastating crashes of the 1930’s and again in 2008. What do you think will happen when the economy collapses again?

Unlike the 1930’s, there will be no point standing in long lines with hat in hand to ask for your money. By the time you hear the news, your money in the bank will already be gone. All to ensure your bank is allowed to remain open and fully operational. Such a measure is in line with international efforts to address the potential risks to the financial system and broader economy of institutions perceived as “too-big-to-fail” – or maybe next time it will be “too-big-to-bail.”

How can you avoid this criminal theft and keep your money safe? You have options. Continue reading →

There are all sorts of positive fundamentals when it comes to the price of gold. There are the positive supply/demand fundamentals. The gold market is in a supply deficit. Mine reserves are at a 30-year low. The price of gold is below what is necessary to sustain the gold mining industry.

There are the positive geopolitical fundamentals. The world’s two most-unstable leaders – Kim Jong-un and Donald Trump – have been constantly trading threats and insults. And both of these people have nuclear weapons at their disposal. There is the endless “War on Terror”.

There are the positive economic fundamentals. Western real estate bubbles in major urban centers are at never-before-seen levels of insanity. Western markets are generally also at bubble levels, with U.S. markets representing bubbles on steroids. Western governments are bankrupt.

In relative terms, none of these fundamentals count. Continue reading →

“The American Dream has become a nightmare…” ~ Singer/song-writer, Steve Vaus

A home in Luxemburg, Wisconsin

Fewer than one in five Americans feel like they’re living the American Dream, according to Hearth Insights’ 2017 State of the American Dream report, which surveyed 2,000 people.

That dream is “a complex concept that involves a variety of factors,” Anthony Ghosn, Hearth’s chief executive officer, tells CNBC Make It, but says homeownership is the “most important element.” Hearth helps Americans finance renovations.

Almost 40 percent of Americans do not own homes, according to the U.S. Census Bureau. Ghosn says nearly 50 percent of millennials rent. Continue reading →