Investing in precious metals 101

Tag Archives: Social Security

  • Blog
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    Next Stop: Recession!

    We've arrived at the end of the line
    by Chris Martenson

    Friday, February 8, 2019, 3:35 PM

    68

    We've enjoyed years of “recovery” since the Great Financial Crisis by literally papering over our problems with newly-printed money, instead of addressing their root causes.

    But we've now arrived at the awkward part of the story; when all of our prior mistakes finally catch up with us, and the plot heads in a much darker direction.

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  • Podcast

    Gene Guarino: Investing In Residential Assisted Living

    An opportunity that can help millions of aging seniors
    by Adam Taggart

    Wednesday, November 22, 2017, 1:03 AM

    2

    Demographically speaking, the tremendous wave of aging Baby Boomers is an unprecedented event in our country's history. The sheer size of this age cohort, plus the concerningly-high level of financial unpreparedness for many of its members (which we wrote about at length last week in this report), will demand all sorts of new solutions be pioneered to address the needs of a massive number of aging seniors no longer in the workforce.

    Gene Guarino, founder of Residential Assisted Living Academy, joins the podcast this week to explain the model to Chris, as well as the ways that investors can get involved in this growing movement. Those with capital interested in "doing well by doing good" can participate in syndicates that own the residences, creating more inventory to expand this model to. The investment returns are attractive, as is being a part of a movement to offer more housing options to the fast-growing ranks of seniors looking to live with dignity.

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  • Blog
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    The Great Retirement Con

    Frankly put: retirement is now a myth for the majority
    by Adam Taggart

    Saturday, November 18, 2017, 12:25 AM

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    40 years ago, a grand experiment was embarked upon. One that promised US workers: using new 'defined contribution' retirement savings vehicles such as IRAs and 401k,, they'd be better off when they reached retirement age.

    Which raises a simple but very important question: How have things worked out?

     

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  • Blog

    The View From Under The Bus

    A visualization of the extreme plight of the saver
    by Adam Taggart

    Wednesday, November 30, 2016, 4:20 PM

    28

    Through borrowing way too much, bailing out rather than prosecuting bad actors, printing trillions of "thin air" dollars, a deliberate pursuit of financial repression and other schemes — the future prosperity of the "everyday American" has been stolen by those in power and those positioned closest to the trough. Mathematically, this orgy of excess needs to be balanced by severe austerity; an austerity the elites are forcing onto everybody else. No wonder the masses are pissed.

    Few visuals drive this injustice home better than this one of historical bank CD interest rates. Note how they've been in steady collapse since the mid-1980s.

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  • Blog
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    “The Government Comes Up With the Money”

    A mindset that's killing our economy
    by Adam Taggart

    Wednesday, January 29, 2014, 4:48 AM

    71

    I'm half-heartedly watching the State of the Union address right now. What a cynic I've become.

    My younger self would be shocked and saddened to learn how I've come to view these annual addresses as little more than a game of charades. The President (not just Obama, but his predecessors, too) reads a carefully and expensively constructed script designed either to elicit self-congratulatory applause from the echo chamber side of the hall, or to lob political harpoons into the other.

    But in the end, it's nothing more than a game of words. And the real issues that desperately need addressing get ignored, glossed over, or showered with pablum and over-promises that will never materialize.

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  • Insider
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    The Real Story to Focus On

    Given the macro trends, how do we "win"?
    by Chris Martenson

    Monday, August 19, 2013, 4:12 AM

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    Executive Summary

    • What Detroit tells us about continuing the status quo
    • The shocking true size of the real U.S. debt
    • Why time is our most valuable but scarcest asset
    • Where your efforts need to be placed to address the big picture

    If you have not yet read Part I: Why We All Lose If the Fed Wins, available free to all readers, please click here to read it first.

    If we can't even have an honest conversation six years into this failed experiment about its core aspects, then it is little wonder that there's virtually no appetite for the bigger burning questions of our time, such as where do we want to be in twenty years and what do we need to do to get there?

    Instead, the focus is simply on preserving the status quo and doing everything possible to maintain it. Never mind that the status quo is obviously failing in many key regards and needs some serious adjustments.  All that the Fed and D.C. have in mind here is more of the same.

    And this is why we will lose the war.

    The Detroit Harbinger

    If we want to know what happens when we ignore reality and just soldier on, we need look no further than Detroit to see how that works out. For years, that city mismanaged its finances, continually banking on the idea that eventually jobs and opportunity would return. They continued to offer yet failed to fund lavish pension promises to municipal employees, even though anybody with a pocket calculator could work out that the plans were not viable.

    But the plans were offered, and the union reps on the other side of the table accepted the terms, even though at some point it would have made sense for someone to raise the obvious by noting that the plans were utterly insolvent and almost certain to stay that way.

    Right now, the pensions in Detroit are underfunded by $3.5 billion, according to official figures.  But those same officials are assuming an 8% rate of return on current pension assets, a rate that nobody is actually achieving in the pension world thanks, in large part, to Bernanke's 0% interest rate policy.

    Here's how they got to this point:

    Enroll Now
    Or Sign In with your enrolled account.

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  • Daily Digest
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    Daily Digest 6/11 – The Logic Of The Surveillance State, The Myth Of Executive Accountability

    by DailyDigest

    Tuesday, June 11, 2013, 2:43 PM

    7
    • The Logic of the Surveillance State
    • Damage Control Time: National Intelligence Releases PRISM "Facts"
    • Social Security: The New Deal’s Fiscal Ponzi
    • France Prohibits Sending Currency, “Coins And Precious Metals” By Mail
    • Silver Cycles: What Next?
    • The myth of executive accountability
    • Driving Factors Behind Improvements in Water and Energy Production
    • Farm Equipment That Runs on Oats

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  • Blog
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    Let’s Stop Fooling Ourselves: Americans Can’t Afford the Future

    Unemployment, taxes & unfunded retirements are squeezing us
    by Adam Taggart

    Tuesday, March 12, 2013, 3:24 PM

    61

    The truth is: The three adult generations in the U.S. are suffering, and their burdens are likely to increase with time. Each is experiencing a squeeze that is making it harder to create value, save capital, and pursue happiness than at any point since WWII. At that point, we were a creditor nation with an economy exploding into dominance on the world stage. Now, however, the U.S. is the largest debtor nation and our economic hegemony is increasingly at seige across a number of fronts.

    A continuation of the status quo is a decision to sleepwalk face-first into the constraints hurtling towards us.

    Instead, shouldn't we stop fooling ourselves and ask: What should we be doing differently?

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  • Blog
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    The Structural Endgame of the Fiscal Cliff

    It's not just a temporary political event
    by charleshughsmith

    Wednesday, December 26, 2012, 6:51 PM

    2

    To understand this endgame, we need to start with the financial and political basics of wealth and power in the U.S.

    1.  Wealth and thus political power are highly concentrated.  The dynamics of rising wealth disparity and the increasing concentration of wealth are debatable; the disparity is not.  Roughly 70% of all financial wealth is held by the top 5%; within this top layer of ownership, the top ½ of 1% hold an outsized share.

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  • Blog
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    What to Do When Every Market Is Manipulated

    Hint: cut the strings
    by Chris Martenson

    Wednesday, August 15, 2012, 2:34 PM

    4

    If you don't know who the sucker at the card table, is it's you.

    ~ old gambler's saying

    What do the following have in common?

    LIBOR, Bernie Madoff, MF Global, Peregrine Financial, zero-percent interest rates, the Social Security and Medicare entitlement funds, many state and municipal pension funds, mark-to-model asset values, quote stuffing and high frequency trading (HFT), and debt-based money?

    The answer is that every single thing in that list is an example of market rigging, fraud, or both.

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