Month: September 2011

September 26, 2011 Month: September 2011

GALLUP POLL: Government “is” the Problem

A record-high 81% of Americans are dissatisfied with the way the country is being governed, adding to negativity that has been building over the past 10 years.

Month: September 2011

NJ Church Gives Away $30,000 in “Reverse Collection” Baskets

This was one collection basket parishioners couldn’t pass up. Liquid Church of New Jersey allowed parishioners at its Sunday services to forgo donating and instead take money out of the collection basket.

Month: September 2011

‘Massive jobs shortfall’ predicted for global economy

International Labour Organisation said the group of developing and developed nations had seen 20m jobs disappear since the financial crisis in 2008.

September 22, 2011 Month: September 2011

10 Cities Where Rents Are Rising the Most

Here are 10 cities where rents are rising the most, according to data provided by research firm REIS.

Month: September 2011

Meet the Richest People in America…

Despite the stalled economy, the nation’s wealthiest are worth a combined $1.53 trillion, nearly equivalent to the GDP of our neighbor Canada. Their total wealth is up 12% in the year through August 26, when we took a snapshot of everyone’s net worth, meaning these affluent folks did slightly better than the markets; the S&P 500, for instance, was up 10% in that time.

September 20, 2011 Month: September 2011

10 Things Social Security Won’t Tell You

Worried about the future of Social Security? You’re far from alone. The Social Security Administration itself has said that unless something is done to reform the system, it will burn through its funds within the next few decades.

Month: September 2011

S&P Downgrades Italy

Standard and Poor’s downgraded its unsolicited ratings on Italy by one notch to A/A-1 and kept its outlook on negative, a major surprise that threatens to add to concerns of contagion in the debt-stressed euro zone.

Month: September 2011

IMF Sharply Downgrades Outlook for U.S, Europe

The world economy has entered a “dangerous new phase,” according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year.

September 19, 2011 Month: September 2011

Hedge Fund Heavyweight Says Gold Heading to $2,200

Gold, platinum and Brent oil will lead gains in commodities as investors seek to protect their assets and shortages emerge, according to Tony Hall, the hedge-fund manager who earned 33 percent for his clients this year.

Read the article…

Month: September 2011

Retiree Benefits for the Military Could Face Cuts

As Washington looks to squeeze savings from once-sacrosanct entitlements like Social Security and Medicare, another big social welfare system is growing as rapidly, but with far less scrutiny: the health and pension benefits of military retirees.

September 17, 2011 Month: September 2011

Precious Metals Market Update – September 17, 2011

In this week’s Precious Metals Market Update segment, precious metals advisor Tom Cloud will be here to help us sort out the madness in the financial markets.

Month: September 2011

FTMWeekly Financial Radio Show – On the Road to a One World Currency

On this week’s program, we will discuss what is happening in the global economy and how bad things are really going to get. Our special guest today says things are just getting warmed up and that the real economic pain still lies straight ahead. Trace Mayer will be here to discuss the economy, offshore investing, as well as his book, The Great Credit Contraction.

September 16, 2011 Month: September 2011

RED ALERT: FDA Set to Ban Your Supplements

The FDA has issued a proposed mandate that represents the greatest threat to dietary supplements since 1994.

Month: September 2011

Gloom and Doom: Consumer Sentiment Plunges to 31-Year Low

Consumer sentiment inched up in early September but Americans remained gloomy about the future with their expectations falling to the lowest level since 1980, a survey released on Friday showed.

Month: September 2011

Gen Y’s $2 Million Retirement Price Tag

Retirement won’t be impossible for Generations X and Y, but they will need to save considerably more than the baby boomers to make up for less employer and government help.

Month: September 2011

10 Shortcuts to Find a Retirement Haven Abroad

There’s no such thing as the world’s best place to retire. There are many appealing options for a new life in retirement overseas.

September 15, 2011 Month: September 2011

A Roth 401(k) may be in your future

When it comes to choosing the best place to stash your retirement savings, the answer, at least in part, depends on your likely tax situation once you stop working.

Month: September 2011

5 Questions Every Worker Should Ask Before Retirement

Wall Street’s recent turmoil has many investors questioning whether they will have enough to retire the way they’ve always dreamed, or to retire at all, for that matter.

Month: September 2011

Go East, My Son! Job Seekers Flock to Asia

The weak job market in the U.S. is sending many in search of a meaningful career headed to Asia, experts say.

Month: September 2011

SAT Scores Fall Nationwide: Another Sign of U.S. Economic Decline

The College Board today announced that 43 percent of 2011 college-bound seniors met the SAT® College and Career Readiness Benchmark.

September 14, 2011 Month: September 2011

Trump’s New Gold Standard

A tenant recently paid Donald Trump in solid gold bullion instead of in cash. Is this a new trend?

Month: September 2011

Income for Life, Guaranteed! (Sort of)

Low interest rates and a weak economy make it hard for retirees to turn their nest eggs into paychecks. Some strategies for coping and cashing in.

Month: September 2011

Gold alert: An alarming update from Europe

A new trend in Austrian (and perhaps the rest of Europe’s) banking policies suggests that certain interested parties are attempting to control the sale and personal acquisition of gold/silver as safe haven assets. What we experienced first hand should be a wake up call for not just Europeans, but Americans as well.
Read the article…

Month: September 2011

Income Slides to 1996 Levels

The income of the typical American family—long the envy of much of the world—has dropped for the third year in a row and is now roughly where it was in 1996 when adjusted for inflation.

Read the article…

Month: September 2011

Foreclosures Soar 200% in August

Bank of America is ramping up its foreclosure processing, sending out far more notices of default to borrowers in August than in previous months, well over 200 percent more month-to-month.

September 13, 2011 Month: September 2011

REPORT: U.S. Poverty Rate Soars to Nearly 1 in 6

The ranks of U.S. poor swelled to nearly 1 in 6 people last year, reaching a new high as long-term unemployment woes left millions of Americans struggling and out of work.

September 10, 2011 Month: September 2011

Precious Metals Market Update – September 10, 2011

Where are gold and silver prices heading next? Listen as veteran precious metals advisor Tom Cloud helps us sort out the madness in the financial markets.

Month: September 2011

FTMWeekly Financial Radio Show – We Will Never Forget

Listen as FTMWeekly Financial Radio host, Jerry Robinson, remembers those who lost their lives on the tragic day of September 11, 2001. We will not forget…

September 8, 2011 Month: September 2011

FTMDaily News Wrap – Time for “Operation Twist?”

Despite trillions of dollars in stimulus and Washington’s hype over a “recovery”, the economy is still barely growing in most parts of the country.

September 3, 2011 Month: September 2011

FTMWeekly Financial Radio Show – The Secret to Wealth Creation

On this week’s program, a shocking jobs report release and another rough week on Wall Street continues to cause more uncertainty among investors. In this week’s special guest interview, we welcome back veteran money manager and financial commentator, Paul Nolte. Paul and Jerry will discuss what lies ahead for stocks, energy, precious metals, as well as the U.S. Dollar and the Euro.