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.
Friday Reader Q&A: Is a Direct Selling Business a Good Stream of Income?
It’s Friday. And that means that its time for FTMDaily’s Reader Q&A. Each Friday, we reserve our daily column for our readers and their questions. Whether you have a question about your money, our Five Levels of Financial Freedom, the global economy, commodities, or retirement savings, we invite your questions.
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.
Making Money in Real Estate in 2011
According to the National Association of Realtors, all-cash buyers accounted for 30% of existing home sales last month. That’s up from 25% in May 2010, and 12% two years ago. If you go back to March of this year, cash buyers made up an astounding 35% of all existing home sales.
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.
Friday Reader Q&A: Can I Get Back the Premiums I Pay for Life Insurance?
It’s Friday. And that means that its time for FTMDaily’s Reader Q&A. Each Friday, we reserve our daily column for our readers and their questions. Whether you have a question about your money, our Five Levels of Financial Freedom, the global economy, commodities, or retirement savings, we invite your questions.
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.
Housing Crisis Worse than Great Depression: 7 Shocking Facts About the U.S. Housing Market
Unless you have been asleep for the past several years, you know that the United States housing market is in the midst of a downturn of historic proportions. According to Case-Shiller, one of the leading housing data analysts, housing prices dropped 1.9 percent in the first quarter of 2011, revealing evidence of a clear double-dip in prices. The fall in prices even led one economist to claim that the housing crisis has been larger and faster than the one during the Great Depression.
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.
My Recent Run-in with the Federal Reserve Police
Most Americans have no clue that the Federal Reserve is not part of the U.S. Federal government. But even fewer know that they have a machine-gun toting police force as well.
Jerry Robinson Talks About the Consumption Trap on Financial Survival Radio
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There will be no FTMWeekly Radio show this week as Jerry will be out of the office this weekend. In lieu of our regular weekly program, enjoy this recent interview with Jerry Robinson on Financial Survival Radio.
Clinton in Talks About Possible Move to World Bank
Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said Thursday.
The tipping point is here: China is now the world’s biggest energy user
China surpassed the U.S. last year as the world’s largest energy consumer, according to an annual report by British oil giant BP.
End of QE2? Lack of Buyers May Force Treasury to Boost Rates
Editor’s Note: If you have been listening to our weekly radio show, hosted by Jerry Robinson, you know that Jerry expected headlines like this one to precede the end of the QE2. No amount of interest rate hikes will solve our crisis now. In fact, an increase in interest rates with housing and the financial markets in their current precarious state would act as a wrecking ball to the economy. We continue to expect the mainstream media to push the Fed’s story of the end of QE2 and imminent interest rate hikes in order to drive the markets downward. Once the markets dip enough, Americans will be ready for another round of quantitative easing from the Fed. And then the real fun begins…
The Decline and Fall of the American empire
The economic powerhouse of the 20th century emerged stronger from the Depression. But faced with cultural decay, structural weaknesses and reliance on finance, can the US do it again?
Report: Chronic unemployment worse than Great Depression
The unemployed have, on average, remained unemployed longer than in the 1930s; Employers wary of job gaps in resumes
Friday Reader Q&A: Which Foreign Currencies Should I Buy?
It’s Friday. And that means that its time for FTMDaily’s Reader Q&A. Each Friday, we reserve our daily column for our readers and their questions. Whether you have a question about your money, our Five Levels of Financial Freedom, the global economy, commodities, or retirement savings, we invite your questions.
The Fed Is Going To Make You Beg
It helps if you think of the Fed as a drug pusher. Pushers don’t “market” their drugs. Instead, they rely upon the addicts to come crawling back for more. The Fed doesn’t need to push QE3 on the public. This would only bring more attention to its true intentions. Instead, the Fed will let the public demand it.
Random Thoughts on the U.S. Economic “Recovery”
Stocks are getting hammered today after U.S. companies added fewer employees than forecast in May. Here are some of my random thoughts on the U.S. economic “recovery.”
5 Questions for Jerry Robinson: An Interview with FTMDaily’s Editor-in-Chief
Today, FTMDaily.com sits down with Jerry Robinson to ask him questions that every reader wants to know. From creating multiple streams of income, to the commodities markets, to Jerry’s outlook on the exciting future of FTMDaily.com, we have the scoop from the founder and editor-in-chief himself. Enjoy the interview!
Precious Metals Market Update – May 28, 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.
The Roots of Obama’s Rage: A Conversation with Dinesh D’Souza
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On this week’s program, our special guest is former White House policy analyst and New York Times best-selling author, Dinesh D’Souza.
Friday Reader Q&A: Should I Pay Off My Mortgage or Buy Silver?
It’s Friday. And that means that its time for FTMDaily’s Reader Q&A. Each Friday, we reserve our daily column for our readers and their questions. Whether you have a question about your money, our Five Levels of Financial Freedom, the global economy, commodities, or retirement savings, we invite your questions.
Food Prices Surging at Highest Rate in Over Two Decades
Corn futures are up 98 percent, wheat gained 67 percent, raw sugar advanced 44 percent, and rice jumped 25 percent.
Precious Metals Market Update – May 21, 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.
The Day I Woke Up From the Consumption Trap
In today’s piece, I recall the moment that I realized the difference between consumers and producers.
The Hidden Agenda: The Truth About U.S.-Israeli Relations
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This Week’s Topic: 1) The Hidden Truth About U.S.-Israeli Relations and 2) Secrets of Urban Survival.
This week’s special guest interview: 1) Author David Morris.
Tired of the Rat Race? It’s Time to Change Your Thinking
Instead of seeing a world full of “haves” and “have-nots,” I tend to see a world that is full of “producers” and “consumers.” Over the next several days, I am going to confront this issue of the “consumer” mindset vs. the “producer” mindset. It is here that many can be set free from the “rat race.”
The Future of Oil and the End of the Dollar
My basic thesis is that the U.S. is an empire in decline. In the past, it has made some brilliant moves that secured its place as the supreme economic, political, and military leader of the globe. But in its twilight years, America has fallen prey to the common trappings of empire: military overreach, an entitlement mindset, and currency depreciation.
America’s Petrodollar System: A Timeline of the Rise and Fall of the U.S. Dollar
When will the U.S. Dollar collapse? Here’s a brief timeline that summarizes the rise and fall of the U.S. Dollar. It also details the decline of the dollar due to the petrodollar collapse.
Is the Entire Market Rigged?
by Cris Sheridan | FinancialSense.com
A look at MIT’s new research study, exchange volume, and the vicious arms race in high frequency trading. How will regulators respond? By creating a brave new world…
Bankrupt U.S. Government Now Raiding Pensions
In typical fashion, Republicans and Democrats are using the debt ceiling debate to get the upper hand politically in today’s headlines. While “Rome” burns, the lipstick is carefully being applied to the pig.
An Interview with Commodities Expert, Rick Rule
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Listen as FTM Weekly Radio Host, Jerry Robinson, interviews commodities expert, Rick Rule. In this interview, Rick Rule explains how the average investor how to navigate the tumultuous landscape of the commodities markets. Topics include: gold, silver, agricultural commodities, energy, and water. Enjoy!
Precious Metals Market Update – May 14, 2011
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In this week’s Precious Metals Market Update segment with precious metals advisor, Tom Cloud, we dig down deep into what happened this week to and give you our insights on what lies ahead for gold, silver, and palladium.
FTMWeekly Radio – All Eyes on Commodities: Where Are Prices Heading? (Hour 2)
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In our second hour, Jerry is joined in a special interview with one of the world’s foremost commodity experts, Rick Rule. Rick will be here to give us his latest insights on commodities and where prices are heading next.
And finally, after a special announcement for all of our FTMQuarterly subscribers, it is time for this week’s Financial Strategy segment with Retirement Specialist, John Bearss. This week, John continues his series on what you need to know about the Social Security system.
And finally, after I give a special announcement for all of our FTMQuarterly subscribers, it is time for this week’s Financial Strategy segment with Retirement Specialist, John Bearss. This week, John continues his series on what you need to know about the Social Security system.
The Mad Scramble for Iraq’s Oil Reserves
What the mainstream media never told you about the Iraq war…
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How America’s Petrodollar System Influenced the 2003 Iraq War
One of the more sensitive, and therefore veiled, aspects of the petrodollar system is how it has impacted America’s relations with the Middle East. In life, everything boils down to incentives. If we are hoping to grasp how the world around us works, we must understand that behind every decision lies an incentive. Let’s see what role the power of incentives plays in the petrodollar system when it comes to American foreign policy in the Middle East.
The Big Secret to Running Your Own Successful Business
There is no short cut to financial success. However, over the years, I have learned that there are smart ways, and some “not-so-smart” ways, to make money.
What a Hamburger Can Teach Us About the Coming Dollar Collapse
To help understand the faltering petrodollar system, I often use an illustration about a hamburger stand. Here it goes…
SHOCK: Irish Government Raids PRIVATE Pensions To Pay For Spending
Editor’s Note: Ireland is in a tough financial spot. Unlike the U.S., it cannot simply print money to spend its way out of economic pain. So, with relatively few options, the Irish government is turning on its own citizens. Throughout history, governments have often sought to plunder the wealth of their own citizens through confiscation when they run out of options. It will be interesting to see how the citizens react to this one. Trust me, other governments with similar economic problems will be watching closely too. If little resistance is seen, expect more of this around the globe. It is because of stories like this one that I have been warning for years for Americans to keep their retirement funds diversified. 401k’s and traditional IRA’s are where Americans have been “trained” to store the majority of their retirement funds. For those of you who are interested in creating multiple streams of income in retirement, we are working hard to release a product just for you soon. Stay tuned!
Meet the System That Will Collapse the U.S. Dollar
The coming breakdown of the global petrodollar system will result in the total and complete collapse of the U.S. Dollar. And yet, very few people have even heard of this system, let alone understand it.
New Study: Americans Raiding Retirement Funds Early
Nearly one-fifth of full-time employed Americans have raided retirement accounts in the past year to cover emergencies, according to a national Bankrate survey.
Peak Oil 101: Waking Up to the Reality of Peak Oil
Despite being warned for decades that the U.S. would eventually face peak production, the U.S. government has done nothing to date to solve the energy crisis that will soon strike America’s shores with a fury. The ugly truth that few are telling you is that the world is preparing to be plunged into an era of declining oil production which will lead to enormous energy price increases.
Precious Metals Market Update – May 7, 2011
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This week, the entire commodities sector suffered their biggest weekly slump since 2008. Both gold and silver prices were affected, with silver down 27%. Many investors are wondering what is next. In this special extended Precious Metals Market Update segment with precious metals advisor, Tom Cloud, we will dig down deep into what happened this week to and give you our insights on what lies ahead for gold, silver, and palladium.