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.
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…
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.
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.
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.
Precious Metals Market Update – September 10, 2011
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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.
FTMWeekly Financial Radio Show – The Secret to Wealth Creation
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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.
Precious Metals Market Update – August 27, 2011
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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.
Precious Metals Market Update – August 20, 2011
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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.
No FTMWeekly Radio Show This Week
Due to Jerry’s travel schedule, our regular FTMWeekly Radio broadcast has been pre-empted this week.
Jerry will return next Saturday, August 20th.
Greenspan: No U.S. Default Because ‘We Can Always Print Money’
Former Federal Reserve Chairman Alan Greenspan on Sunday ruled out the chance of a US default following S&P’s decision to downgrade America’s credit rating because the U.S. “can always print money.”
Precious Metals Market Update – August 6, 2011
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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.
FTMWeekly Radio: How to Build a Financial Fortress
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On this week’s program, panic grips the global financial markets as investors fear that the worst may be far from over. It was a roller coaster ride in the world stock markets this week, as all three of the major U.S. stock indices suffered their worst week in over two years. In Segment One, I’ll provide my commentary and I will also be joined by Precious Metals Advisor, Tom Cloud. Tom will be here for this week’s Precious Metals Market Update.
Then, in Segment Two, in response to many listeners who have been expressing concern over the economy, I will continue my discussion of the financial solutions that we have created here at FTMDaily.com called the Five Levels of Financial Freedom. This week, I will delve into Level Two which is all about asset, income, and life protection. If you want practical financial strategies, do not miss this segment. Here, Jerry Robinson discusses Level Two of our Five Levels of Financial Freedom. Jerry gives 3 defensive financial strategies to protect your finances and explains how to build a financial fortress.
U.S. Braces for Possible S&P Downgrade
Editor’s Note: As stocks see their worst week in almost two years, the rating agency Standard & Poor’s may be getting ready to downgrade the credit rating of the United States government. This is no surprise to us. In fact, two days ago, the U.S. public debt shot up over 100% of GDP, according to a news story from AFP. This puts the U.S. in the same category as nations like Japan, Greece, Italy and Ireland, to name a few. Also, Moody’s announced that the U.S. needed to lower the debt-to-GDP ratio to 73% by 2015 in order to ensure the sustainability of the AAA credit status.
KEEP READING
$2.4 Trillion: The Largest Debt-Limit Increase in U.S. History
Editor’s Note: The debt compromise which passed the House on Monday evening with a vote of 269-161 is the largest debt-limit increase in U.S. history. In essence, the Federal government just got a blank check. This is no surprise given our current economic state. Despite months of pushing the “Recovery is here” propaganda, even the most crafty of politicians cannot hide the real economic truth from the American people. The ship is sinking and everyone is beginning to notice. With this new debt deal, Washington has at least given itself enough breathing room to glide through the 2012 Presidential election year. The can has been kicked down the road yet again. Really tough decisions lie ahead. It will come in the name of “sacrifice.” It will take the form of higher inflation, slashed spending, and finally gargantuan tax hikes. As I have been saying for years, you must prepare. You have no choice. Don’t fall for the mainstream media’s “blame game.” Right now, it does not matter who is to blame. Wake up from the “Conservative-Liberal” deception. When the Titanic is sinking, the first thing you do is grab your life boat. There will be a time for sorting out the details and placing blame later. The unprepared will remained focused on the politics of the matter. The informed will spend their valuable time preparing their financial gameplans. Its time to turn down the noise and get busy creating a plan.
KEEP READING
Money As Debt – A Full Length Documentary
Friends, you often hear me talk about the fact that America has a debt-based monetary system. But what exactly does that mean? Watch this video to see how money is debt.
Precious Metals Market Update – July 30, 2011
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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.
Social Security to Worried Seniors: ‘We don’t know’
The risk of a U.S. default has incited panic among many older Americans, who are now calling the Social Security Administration to find out what’s going to happen to their monthly benefits if the debt ceiling isn’t raised by Aug. 2.
In response, the Social Security Administration has posted very specific instructions on its web site for how the representatives who are handling inquiries from the general public should respond.
The script is short, to the point — and not very comforting: “We’re sorry but we don’t know.”
Precious Metals Market Update – July 23, 2011
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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 markets.
FTMWeekly Radio – The Vortex Strategy: An Interview with Dr. Chuck Missler
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On this week’s program, we kick the program off with an update on the financial markets followed by this week’s Precious Metals Market Update with Precious Metals Advisor, Tom Cloud.
Then, in Segment Two, Jerry will be joined in a special interview with popular Christian minister, Dr. Chuck Missler. Missler is the founder of Koinonia House ministries and will be here to provide his unique perspective on current events and the global economy.
And finally, in Segment Three, we’ll be joined by Retirement Specialist, John Bearss. John will be here in our weekly Financial Strategy segment with more insight on retirement planning.
Do You Have a Financial Blueprint For Your Future?
Whether it is a lack of time, money, or interest, we seem to like to “wing it” when it comes to our financial future. Fortunately, we don’t have to have the intellect and expertise of an architect to take steps to blueprint the kind of financial future that we want. It really takes just a short amount of time to key into the “desires of our heart” (Psalm 37:4). It begins with financial goals.
Precious Metals Market Update – July 16, 2011
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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 markets.
Get Ready: QE3 Is On The Way, Gold & Silver Prices Soar
Editor’s Note: As FTMDaily predicted several months ago, the Federal Reserve has just announced today that it plans to launch a new round of stimulus. We have mentioned that the Fed would make the public beg for this, as stocks tumbled and the economic conditions worsened. However, it doesn’t seem like the Fed is shy about their plans anymore. The announcement is even earlier in the year than we expected. However, the announcement is not a shock to all of us here at FTMDaily. Expect more to come as the Fed lays out its plans to “boost” the economy. More about QE3 and gold-silver pricing…
No FTMWeekly Radio Show This Week
A Due to Jerry’s travel schedule, our regular FTMWeekly Radio broadcast has pre-empted this week.
Jerry will return next Saturday, July 16th, with an exciting show featuring G. Edward Griffin. Griffin is a friend of FTMWeekly Radio and is the best-selling author of the book The Creature From Jekyll Island.
Be sure to tune in next week!
Precious Metals Market Update – July 2, 2011
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In this week’s Precious Metals Market Update segment with precious metals advisor, Tom Cloud, learn what’s happening in the precious metals markets and what lies ahead for gold, silver, and palladium.
Debt Increased More Under Geithner Than Under Any Treasury Secretary in U.S. History
Editor’s Note: Few leaders in Washington have had as much of a direct role in attempting to control the U.S. economy and the financial markets than U.S. Treasury Secretary, Timothy Geithner. This week, there have been growing reports of Geithner’s desire to exit the Treasury. He has already moved his family out of the Beltway and back to New York. And who can blame him? He is at the epicenter of the worst economic crisis in recent memory and the pressure must be immense. And as we head into 2012 (think election year), there is little doubt that the White House will expect him to maintain his economic sleight of hand. The statistics below are just the warm-up as we head into 2012… And Geithner knows this more than anyone.
Unemployment Picture Remains Ugly
Editor’s Note: As the month of June comes to a close, the unemployment picture in the United States is still bleak at best. A news story from Reuters indicates that this week marks the 12th straight week that jobless claims were above “normal” or stable levels. We are not surprised by the unemployment levels, and in fact, we believe that the numbers are much higher than the government reports. We expect unemployment to remain high as economic conditions continue to worsen for the nation.
Dollar Will Lose Global Reserve Currency Status, Says Central Bankers
Editor’s Note: In Jerry Robinson’s book, Bankruptcy of Our Nation, Jerry forecasts that by 2020 the U.S. dollar will lose its global reserve status. There is more and more news that points to this forecast becoming reality. As the world recognizes the economic problems in the United States, they will gravitate toward safer currencies in the years to come.
New Gas Fields Could Make Israel Big Player
Editor’s Note: Over the last couple of years, over 24 trillion cubic feet of natural gas has been found off of Israel’s coastline in the Mediterranean Sea. The reserves are enough to last the country 75-100 years based up on the nation’s current level of consumption. These finds represent a huge opportunity for Israel as the discoveries are transforming the nation into a net exporter of energy. Until recently, technology has driven the tiny country’s economy. Now, however, Israel’s natural gas reserves will provide a new revenue stream which will turn eyes from two directions. From Europe and the West who will likely become importing partners. And from the Middle East, who will not be excited about new competition in the energy sector from the Jewish state. We’ll keep our eyes on this one…
The Current State of Retirement – This Week’s Financial Strategy with John Bearss
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In this week’s Financial Strategy segment, we’ll be joined by Retirement Specialist, John Bearss, in a special extended interview. Jerry will discuss with John the current state of retirement. Our discussion will include some key ideas and strategies for those nearing retirement to consider.
Precious Metals Market Update – June 25, 2011
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In this week’s Precious Metals Market Update segment with precious metals advisor, Tom Cloud, learn what’s happening in the precious metals markets and what lies ahead for gold, silver, and palladium.
Americans Spend at Weakest Pace in 20 Months
Editor’s Note: There is more dreary news coming from an economic report released today by the Associated Press. Consumer spending is at its weakest pace in 20 months, unemployment is up and the stock market was down last week. We expect more bad news to come out as the month closes and the Fed’s QE2 program comes to an end.
Ron Paul: Where is Our Gold?
Dr. Ron Paul continues to seek the truth on the gold reserves of the United States. Here are a few videos from the the June 23 Congressional hearing initiated by Dr. Paul. Also, CNN is actually highlighting Dr. Paul’s latest efforts. The story is contained inside.
The Fed ‘Doesn’t Have a Clue’… Really?
We believe that the Fed is ultimately planning to print more money in the form of another round of quantitative easing. However, the Fed wants the population to feel like they desperately need it. Therefore, as a prerequisite to “QE3”, stocks must be decreasing and retirement accounts must be plunging. If the majority of America’s 401(k)’s are going down in value, then the Fed would be applauded for its money printing. If the financial markets are healthy, then the Fed would be demonized for its massive influx of new cash into the system and subsequently blamed for inflation.
China Moving Away from the Dollar – More News About the Emerging Giant
It looks as though our predictions about China are starting to unfold into reality.
Precious Metals Market Update – June 18, 2011
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In this week’s Precious Metals Market Update segment with precious metals advisor, Tom Cloud, learn what’s happening in the precious metals markets and what lies ahead for gold, silver, and palladium.
Are We Running Out of Silver?
Editor’s Note: Although silver prices have experienced a dip in the last several weeks, the demand for silver is consistently increasing. The supply, on the other hand, is having trouble keeping up with demand. Therefore, we expect the price of silver to continue its upward trend as we move into the coming months and years.
Latest Gold News: Could Gold Reach $5,000?
Here at FTMDaily, our investment philosophy has changed little over the last several years. We hold to an investing philosophy which we call P.A.C.E., which includes precious metals (P.A.C.E. stands for Precious metals, Agricultural Commodities, and Energy). We believe that precious metals continue to be a wise investment for those investors seeking inflation protection.
Cost of Living Soars as Inflation Rises Most in 3 Years
Editor’s Note: Today’s rise in the CPI numbers are the inevitable outcome of the Federal Reserve’s “easy money” policies. Rising consumer prices are still in the warm-up phase. We expect inflationary pressures to continue to threaten the U.S. economy with full blown hyperinflation remaining a “real and imminent” threat over the next 12-18 months.
Greece Shaken by Anti-Austerity Riots; Debt Fears Escalate
Editor’s Note: Today’s turmoil in Greece is continuing to roil the financial markets. The slide in the equity and energy markets today show the major impact that the Eurozone worries are having on investors.