Relying on the dollar to gauge your economic health is like trusting Ben Bernanke to do the right thing by you. Measuring in gold means taking control and responsibility for your financial life.
You Might be Committing a Felony at This Very Moment …
How many felonies have you committed today? The answer may surprise you. That’s because, if you’re like most Americans, you probably violate federal or state law several times each day — without even knowing it. The “criminalization” of American law …
4 Reasons an Offshore Asset Trust May be Right for You
An increasing number of Americans are taking steps to preserve their wealth by moving a portion of it offshore. If you’ve already made this move, or you’re thinking about moving (more of) your money out of the country in an …
Time to Make a Move Offshore? Be Sure to Read This First
If you’re a U.S. citizen or permanent resident, the U.S. government has assigned itself the right to tax your income, no matter where you live. I sometimes tell U.S. clients that even if they jumped in the Starship Enterprise and …
Opportunity Lost
The formula Congress chose to “solve” the Fiscal Cliff, as expected, was a combination of minor tax increases, modest spending cuts, and a good swift kick of the can down the road. What’s most striking about this deal is a sense of opportunity lost.
How the 113th Can Redeem Itself
The 112th Congress could go down as the worst in history. There is always the chance the 113th could be an improvement because the bar is set low. But I have a real simple job for them that could make them easily outshine their predecessors.
Tick-tock …
While everyone else in Times Square will focus on the New Year’s Eve ball when it drops in just a few hours, there’s another New York City sign just a couple blocks away that has my full attention: I snapped …
The Fed’s Real Agenda: Wealth Among the Ruins?
If they only make us poor enough, then we’ll all be better off … if they can only make the currency that we work for, earn, save, and buy things with, worth a lot less … then we’ll be better …
Let’s Focus on What Holds Our Country Together
I’d like to take a brief hiatus in this space from holding our current Congress accountable for their (in)actions and show you why it’s so important for us to help keep our country intact and do everything we can to make it even better.
3 Urgent Reasons to Own Gold Now
With the Fed practically buying the entire deficit with money created out of thin air, perhaps the single-best way to prepare for the dollar/debt calamity coming our way is with the world’s top home-run hard asset: gold. Here’s why …
Lame Ducks Barely Showing Up to Quack!
Of the 85 congresspeople who didn’t win their re-election bids, here is a short list of some of the ones who have taken it upon themselves to either cut back their hours or quit working completely.
A Sound Dollar Salute to Ron Paul
Editor’s Note: Last month, one of the most-memorable members of the House of Representatives stepped down after more than 35 years of service. Ron Paul’s history of service to this country is nothing short of remarkable, but his commitment to …
Deficits, the debt and how we can eventually heal
Just because Congress only has four weeks to keep us from barreling headfirst over the Fiscal Cliff, doesn’t mean hasty measures are the solution to a financial crisis that was generations in the making. There are obvious solutions that can …
The Secret Second Life of Silver
It’s easy to forget silver’s value as a unit of money. We just go on stuffing this still-precious metal into our batteries and iPods, instead of our bank accounts. But might silver be part of a sound-mind solution for saving your wealth?
Nothing Good Happens When You Refuse to Compromise
The Hostess collapse is a microcosm of what’s going on in Washington with the fiscal cliff. Of course, Washington has a big advantage over the Twinkies maker. …
Wall Street to Lance Armstrong: We Understand!
Twelve “big cheaters” stole about $150 during a 30K-person study. Meanwhile, 18,000 “little cheaters” stole about $36,000 in the same experiment. This study reflects the broader society as a whole. Sure there are big cheaters out there … the Madoffs, Enrons, Wall Street bankers, etc … but there are far more little cheaters. And the magnitude of dishonesty in society seems to stem more from good people who think they are doing good … but in fact are cheating “just a little bit.”
Prediction: After the Election
Because the political classes live from election to election, and vote-buying has become the way of American government, after the election the spending will continue to grow and the debt will continue to metastasize. The dollar will continue to lose value and the American people’s standard of living will continue to decline because of it.
Are You Ignoring Who Really Controls the Nation’s Purse Strings?
How many voters are so focused on, and disillusioned by, the “big” race that they’re ignoring what’s going on right under their noses? Here are four of the most-expensive — and the nastiest — Congressional battles taking place.
Hijacking the Debate
The Commission on Presidential Debates has been hijacking the integrity of presidential debates since the ’80s. But for a truly open and unbiased forum … with third-party candidates … you’ll want to check out this unique debate. But hurry — it takes place Tuesday, Oct. 23. Get all the details here!
Why (Long-Term) Greed is Good
Gordon Gekko had it half-right. Greed IS good, but not the kind that threatens to topple an entire industry like we saw back in 2008. Today I’d like to introduce you to Mr. Wall Street, the greatest Sound Dollar banker who ever lived. His story will show you how the right kind of greed can restore faith, reputations, relationships and, yes, value to our money. See why we need an icon just like this today …
What I’d REALLY Like to Ask the Candidates …
When trillions in future spending — perhaps even the fate of this great nation are on the line — why would both men spend time bickering about income tax and PBS? Bottom line: Why is neither candidate is willing to admit how much his presidency would cost the United States?
If you want to get rich, get elected to Congress!
It’s more than just a little ironic how Congressmen seem perfectly capable of increasing their personal net worth while, at the same time, driving our country further in the hole. Why can’t they get the country back on the same road to prosperity?
Will You Wake Up on Nov. 7 with a Clear Conscience?
Many would-be voters are feeling disenfranchised enough with the presidential election that they say they’re going to stay home on Nov. 6. I sincerely hope our Sound Dollar readers will go out and vote … and do so for the candidate who best represents you. Today I’d like to share a personal experience that might help you decide what you are going to do on Election Day.
2012 Election: The Baffled vs. the Befuddled
This year’s election can easily be called “The Battle of the Baffled vs. the Befuddled,” as each week the opponents reveal how disconnected they are from reality. Mitt Romney has been baffled a lot lately, but Barack Obama took the lead recently when he scored a spectacular “double-befuddled.”
Part-Time Work for Full-Time Pay … Is America Great or What!
This year, we’ll pay our representatives $174K in salary alone to go to Washington on our behalf. That comes out to $14,500 per month. Assuming they worked eight hours a day in August, September and October, we got 96 hours (12 days x 8 hours) out of them. This means we paid them $1,510 per hour for accomplishing darn near nothing!
Land of the Free?
A new report ranks the land of the free as now only the 18th-most-free of the world’s countries. For those who wonder what happened to the American Dream, the declining state of our economic freedom holds the answer.
Tell Congress: Get Off the Toilets or Pack Your Bags!
With the fiscal cliff, health care, jobs, Afghanistan and other pressing problems that need a solution, why is Congress dreaming up legislation pertaining to their restrooms? Here’s just another useless bill you (over)paid your representatives to draft up … and it’s time to tell them to stop wasting their time and YOUR money!
The Incredible Shrinking Candy Bar
What does the Fed’s new money-printing marathon mean to us as citizens and consumers? Well, we’re the ones who pay for it … and will be for a long time to come.
IRS ignoring potential $791 million windfall … and there could be another $12 BILLION that has slipped through the cracks!
About 7,000 Medicaid providers from Florida, New York and Texas owe approximately $791 million in federal taxes from 2009 or earlier. Imagine how much is out there in the other 47 states — it could total up to $13.2 BILLION of your money, waiting to be collected. Why isn’t the government jumping on this? The answer will surprise you …
We Marched Right In …
Few Americans realize how deeply Republicans and Democrats have gotten us into this bankrupting global empire of wars. It has produced a national security state with a cost of $1.2 trillion a year. It has left the country on the ropes of insolvency.
