Remember When Americans Used to Save Money? Me Neither
A savings account used to be the holy grail of personal financial responsibility, but these days, Americans are in no position to save even a dime.
Some Disturbing Facts About Americans and Their Financial Outlook
*Low interest rates have kept Americans from saving $500 billion to $2 Trillion over the past 10 years *40% of Americans can’t cough up $400 *Over half of all new jobs in the workforce are taken by people over the age of 55
*More Americans say they are having to put off retirement to support their kids *Low interest rates and Quantitative Easing by the Federal Reserve have resulted in a massive stock market bubble
Gold Remains Undervalued Amidst a Sea of Toxic Financial Instruments
Gold remains traded at a level of around $1290/ounce, but if the market takes a sudden dive in a new recession, it won’t surprise anyone to see gold double or even triple in price the same way it did between the late 90’s and 2013.
That’s why it’s best to get some gold now while it’s cheap. If you have a 401k or IRA and want real physical gold as well as the tax benefits of an IRA, check out this free gold IRA kit for qualified investors.
The survey surprised the surveyors when so many CFOs were in near total agreement that a recession would be here by 2021, if not sooner. A global slowdown is in effect, however the American and Western mainstream media will not touch this topic. It’s always about Trump and either what he’s doing or not doing. In other words, just more fake news.
*Fewer young Americans getting drivers licenses
While getting a driver’s license used to be as American as applie pie, Generation Z’ers are now enrolling in driver’s education courses at later ages, and fewer are going to the DMV to get that all-coveted freedom pass. With Uber, Lyft, and limited resources to include insourcing menial wage jobs to foreigners and immigrant workers (some illegal), the average American 16 year old is now competing heavily with men twice their age who are willing to practically kill themselves to do the same job.
Again, globalism reveals its ugly head, with many Americans entering the workforce later for jobs that pay less and offer fewer hours, while women joining the workforce and letting in massive amounts of immigrants more than doubled the labor market, thus driving down prices of labor since the 1970’s.
*Real inflation and CPI around 7 – 10%
The government has consistently changed the way it keeps tabs on metrics such as inflation and the CPI (consumer price index), even going so far to ignore the cost of basic goods because at the end of the day, the Federal Reserve is not there to do anything but protect the global banking elite and keep Wall St looking good.
*Millennials can’t afford to buy homes, have too much debt
With a lack of good jobs, millennials are graduating college with record student loan debt that many will never be able to pay back working a “normal” job. When I waited tables, I encountered a bartender who told me she had over $100K in student debt. I nearly collapsed when I heard that and she said it as casually as you might ask for an extra napkin when having lunch.
*10,000 baby boomers retire every day and need to be wary of market downturns
With 10,000 people becoming 64 every day over the next couple of years, a baby boomer will benefit from being mentally and psychologically prepared to protect their investments, 401k and IRA while they still can. Ensuring that once you leave the workforce your investments are more heavily divided into lower risk assets while being ready to sideline your stock holdings into cash are one way to prepare. We offer a free gold IRA investing kit to help people with this as well.
Qualified Investors Receive a Free Gold IRA Rollover and Investment Kit
The next recession is already underway in this blogger’s opinion, going off of economic fundamentals such as slowing retail sales, the Federal Reserves’s decision to stop raising interest rates even a little bit, housing prices dropping and new home starts decreasing, as well as other indicators such as record corporate debt, record personal debt, record student loan debt, and record auto loan defaults.
Fortunately there is still time, but how much time, is anyone’s guess. So for now, retirees should be mentally prepared to adjust their portfolios at the onset of the next recession, since they are not likely to be able to continue working to wait out the market for a recovery, as many unfortunately had to do in 2008. Since it takes an average of 6 or 7 years for stock prices to recover (if the stocks’ underlying company did not go bust during the crash), most people simply cannot afford to hang out in the workforce until they’re 70 years old.
So here’s some things you can do either right now or when you’re reasonably sure the recession has begun in the stock market. Remember, the stock market is not always a good indicator of the real economy, and may be the last domino to fall.
How to Protect Your 401k or IRA from an Impending Stock Market Crash
*A general rule is to have your age in bonds
If you are 60 years old, then around 60% of your holdings should be in safer financial instruments such as bonds and treasuries. The rest could be in stocks, though even that gets riskier as the recession approaches.
*Be ready to convert your stocks into cash and sit on the sideline for the time being
While it’s impossible to time the market, as the clock ticks on, it becomes clear that no business expansion cycle lasts forever. The current expansion cycle, largely boosted by central bank manipulation like quantitative easing as well as corporate stock buybacks and tax cuts for the wealthy, is about to break the record for the longest boom period in market history.
A retiree/potential retiree could start selling off their stocks gradually now and getting into cash in a money market fund or money market bank account. Remember, there is a difference between the two, as the former is not FDIC insured, but is still considered relatively safe
*Take advantage of the only remaining bargains on the market
Gold and silver remain historically undervalued and have found price stability for the last 5 years. While precious metals don’t always go up in price/value tremendously when the economy appears to be doing well, once the recession hits and investors flee to the exits, you can expect metals to go up once again as the Federal Reserve bakes more inflation into the US dollar.
One great way to invest in metals is to invest 30% of your current IRA or 401k into a Gold IRA rollover. We offer a free kit on this site to qualified investors. Just click the link below to find out more.
Want to Learn How to Rollover Your 401k or IRA to Gold?
With the well-known fact that the markets are being artificially propped up by the Fed and record corporate stock buybacks, just what would the market be worth if you took those away?
By the numbers:
*Current Corporate Debt is at $9 Trillion USD
*Current Federal Reserve Sheet Balance is $4 Trillion USD
*Current Stock Market Capitalization in the US is $30 Trillion USD
*Subtracting corporate debt and the fed balance sheet from total market cap gives us a current value of 56% of its current value
The Real Value of the Stock Market?
The stock market would be worth only 56.66% of its current value without all the rampant manipulation which punishes Main Street and rewards Wall Street. Savers get decimated, losing out on trillions in potential income from lost savings due to artificially low interest rates to keep the stock market propped up.
To make matters worse, record price to earnings on stock shares are not producing good earnings for companies, housing prices are still out of reach of the average renter in hopes of one day owning their own home, and a global economic slowdown is unfolding, with even China facing its biggest financial risk from a European Union expected to go into recession sometime this or next year.
It really is a matter of time before the next market downturn occurs with the US nearing its record for the length of a business expansion cycle. As shipping demand drops on lessened consumer demand, the next recession could be here sooner than people think.
Smart Retirees Are Eligible for a Free Gold IRA Rollover and Investment Kit
Major Jewelry Stores Closing Down in Large Numbers in the US
Record numbers of Americans have stopped having sex as jewelry stores across the country close their doors. Add this to the fact that more peope in their 20’s still live at home with their parents, and you will see the true state of the economy right in front of your bedroom eyes.
In what should come as unexpected news, more retail outlets that were once dependent upon the now waning American middle class are shutting down as the consumer is simply tapped out. This comes on the heels of the worst retail quarter since “the Great Recession of 2008 – 2009”. But this time, the experts in the mainstream media won’t be able to blame this massive round of closures on a shift of consumer sentiment and habits to online shopping.
After all, how many women do you know would be impressed to learn you bought her engagement ring off Amazon.com?
In addition to this, and also not surprisingly, Americans polled in a recent survey are having less sex in the last 30 years. To me this is just one more indicator of the true state of the economy. Less money, less dates, less home buying by the younger generations, less opportunities, less marriages, less babies, and yes, less sex- all things to expect during a period of bleak economic activity, just as it was in the Great Depression.
Other Economic Factors That Point to an Upcoming Recession
*Unfunded liabilities mean 100+ trillion in national debt
Think the national debt is only $22 Trillion? A deeper look into the balance sheet shows that with unfunded liabilities such as Social Security, Medicare and Medicaid, the average American owes a whopping $700,000 to be able to pay all this off.
Of course, we know this will never happen, and the current financial system marches on, but it won’t last forever, just as no world reserve currency in history has. Eventually, inflation will eat away at the purchasing power and global acceptability of the US dollar, and a reset will occur- hard or soft landing notwithstanding.
*Malls seeing less foot traffic since August of 2018
Foot traffic in malls peaked in August of 2018, and again, this has more to do with people not having disposable income than a shift in online sales. The slowdown is a global one, and we can expect more retail closures as 2019 rounds the halfway mark. So far we’ve had more retail closings in 2019 than the entirety of 2018, so it’s not looking good for those who think we can avoid a recession.
*US auto sales drop in Q1
With the average price of a car increasing $1,000 year-over-year since 2018, less consumers are opting to sign on for a loan to buy a new car. While this price increase represents a 3.1% change, we are told by the Federal Reserve that inflation is only 1.9%. But they wouldn’t lie to us now, would they?
*Trump calls for more quantitative easing and lower interest rates
It seems that even Trump knows the economy has run out of steam. A 2016 candidate once called the stock market a bubble, but President Trump applauded the bubble he inherited once taking office, and now he wants to keep air in the bubble.
*Washington D.C. experiences highest level of gentrification
If you were worried that the size of government was getting smaller, don’t worry, there’s no chance of that and the current gentrification leader in the nation is Washginton D.C. It would appear that $4.7 Trillion dollar annual US budget is not going to waste among government workers, as they move into new neighborhoods and buy up condos in the beltway.
*Gold will do very well in a recession, analysts predict
With all the market manipulation, the one shining star left that is not massively overhyped and overvalued remains precious metals like gold and silver. Sure, they aren’t sexy and they may not make you tons of money during supposed economic good times like we’re having now (yet people aren’t having sex? huh), but gold and silver are in a perfect position to rise during the next economic downturn and as the Fed prints money to infinity.
Don’t miss out on a golden opportunity to load up on precious metals with your portfolio while you still can before their price goes through the roof.
For Serious Investors: a Free Gold IRA Rollover and Investment Kit
Economic Indicators Say the Recession is Already Here
The Dow Jones bled 460 points today as the yield curve inverted for the first time since 2007. With Federal Express reporting missed earnings on what they report as a global economic slowdown and Ali Baba missing expectations along with PayPal for the 1st time in 3 years, it would seem that recession is already here.
Add this to the other telltale indicators that the economy is slowing- retail shutdowns, record corporate stock buybacks within companies to inflate stock share prices, a slowing housing market around the globe, all-time highs in personal, corporate, municipal, national, and world debt– and you’ve got the perfect financial storm on the horizon.
The Federal Reserve Signals They Won’t Be Raising Rates Now or Any Time Soon
When you think of a strong economy, do you think of an economic environment where banks can’t even pay you a rate of interest for holding your money there that keeps up with real inflation? This is common sense to many, but don’t tell that to mainstream media.
The Federal Reserve had said it would continue to raise interest rates to normalize over the coming years, but 2018 showed exactly what happens whenever the government attempts to take the banking and financial sector out of a zero interest rate environment. The market tanks and the Dow Jones drops like it’s having a stroke. This was the case Christmas Eve of 2018, and what led Fed Chairman Powell to 100% about face on any interest rate hikes in the forseeable future.
The Next Recession is Here: Dow Drops 460 Points as Yield Curve Inverts for 1st Time Since 2007
Another horrible down day for the markets with the S&P 500 suffering the most declines just reminds everyone how fragile the stock market is. And now, the yield curve has inverted for the first time since 2007, which means long term treasuries now pay less than near term treasuries.
So why would anyone buy a 10-yr Treasury Bond if a 3-month bond paid you more? Exactly, you wouldn’t. And this is the biggest tried-and-true indicator of them all that a recession is already here, because the last time it happened in 2007, the housing market crashed followed by stocks. The same yield curve inversion happened before the 2000 recession and the 1989 recession as well.
The Great Recession Never Ended
At this point, it doesn’t take a financial genius to see that the consumer is tapped out and unable to spend on credit like they were for the last 10 years of quantitative easing and other neat tricks the Federal Reserve employed in an attempt to drive the economy out of “The Great Recession”. What happened, in reality, is that the Fed inflated the bubble even larger, and instead of bailing out the economy, the government should have allowed natural market and economic forces to take their course.
Instead, we’re all waiting for the next great calamity that, this time, will not be fixed by simply printing more money, but may actually result in a total system change for the world reserve currency and monetary system.
No wonder the insiders, central banks, and countries around the world are buying up and hoarding gold at a record pace.
Watch what they do, not what they say.
Video: The ONLY Reason the Stock Market Went Up for the Past 3 months
There are many great reasons to invest in gold and silver as a part of your overall retirement strategy. Gold has historically been seen as a safehaven of value, having never gone to zero, unlike every fiat currency in existence. Gold is a great hedge on inflation, deflation, political and global financial instability, as well as the frauds perpetrated by governments and their politicians who prefer to spend today and worry about the consequences tomorrow.
The issues when buying gold and silver arise after you start to accumulate significant amounts of it, which results in problems with storage and transporting it. However, a gold or precious metals IRA offers all the safety in addition to tax benefits for people who decide to rollover a portion of their current IRA or 401K, or to the investor who wants to hold a significant % of their current wealth in gold, silver, palladium, or platinum.
The Dangers of Gold ETFs
Gold ETFs carry far too much counterparty and 3rd party risk. Trustees may not insure gold holdings and sub-custodians may evade liability under current laws. In addition, people buy a share of the trustee, not actual shares of gold. With all this, gold ETFs do not qualify as a traditionally safe way to purchase gold or silver.
Gold IRA Rollover from your IRA or 401K
You can simply roll over a portion of your current IRA or 401K without incurring any tax penalties or fees. If you wait until you are 59 and 1/2 years of age before withdrawing the metals or liquidating, you’ll have all the tax benefits of a regular IRA as well.
Ask questions of your potential Gold IRA custodian regarding fees for storage and administrative costs, and make sure to understand all the details of timetables when you want to make the withdrawal or sale of the metals in the account. Additionally, ask about the procedure that allows you to physically hold the gold or silver yourself under an LLC.
Snoring is a very common problem for American adults, affecting over 40 million men and women every night. While it’s a bothersome nuisance and maybe even a little hilarious, it can actually be dangerous. When a person snores, they are actually going without air for long periods of time. When a person goes without breathing several times per minute every night, they are often diagnosed with sleep apnea.
Snoring and Sleep Apnea: Closely Related
Snoring and sleep apnea then are directly related and are distinguishable from each other usually by only a degree of severity. The dangers of sleep apnea do not usually include death as a direct result, but can aggravate or create even worse medical conditions such as cardiovascular disease, stroke, diabetes, and heart attack.
Besides the very serious medical issues that come with sleep apnea, snoring causes people to get low-quality sleep at night, often waking up gasping for air, even if they are unaware of it. As a result of this sleep deprivation brought on by insufficient air, a person will often miss out on REM, or “rapid eye movement” sleep, where the body and mind undergo healing and regeneration, and also result in that rested feeling you get after 7 to 9 hours of solid, uninterrupted sleep.
Is CPAP the Best thing to Stop Snoring?
The solution that most people come across is the CPAP, or continuous positive airway pressure device, which when used is often the most efficaceous solution to snoring and sleep apnea. However, it comes with a heavy cost and commitment.
While a CPAP can rang in the thousands of dollars on top of the costs of doctor visits and insurance bills, what many people don’t realize is that CPAP has a variable rate of success of around 46% to 83% of all those treated with the device actually fail to use it the recommended >4 hours per night. Thus, it begs the question: “Is CPAP the best option for people who snore?”
The next common option is corrective surgery. There are literally at least 25 different surgical procedures for snoring and sleep apnea, but some of the most common are the uvulectomy, turbinate reduction, septoplasty, implants, and maxillomandibular advancement.
Most of these procedures can be done in a doctor’s office or clinic with only local anaesthesia and you will be released the same day. However, the success rate of these procedures deserves some scrutiny, as together they average less than 50% success in eliminating snoring and improving sleep apnea for patients.
If this information sounds disheartening, then you can be pleasantly surprised to know what Harvard doctor Lawrence Epstein has said about sleep apnea: “If we can get people to lose weight, it would make both sleep apnea and other health problems [such as heart disease] go away.”
The truth is, most Americans are overweight and many are technically obese. Over half of all American adults are considered overweight and over one third are rated as obese.
OTC Stop Snoring Mouthpieces: a Safe, Cheap Alternative to CPAP and Surgery
In addition to a little healthy weight loss, adding exercise to the weekly routine, and looking for ways to cut down on unhealthy food options, snorers can also invest a little time and research into stop snoring mouthpieces which are available OTC and still cleared by the FDA. These mouthpieces can work immediately and usually cost less than $100. Many of them come with risk-free trials so you can try before you buy, ultimately.
No matter what you do, please do something about your snoring problem or sleep apnea. In the long run, snoring may be a serious detriment to your health and longevity masquerading as an annoyance.
Good luck and here’s to many rested, sleepful nights.
Bed bugs may be the furthest thing from you mind right now. At least I hope they are. For many people, however, they are indeed top of mind, because many people around the world cannot attain a good night’s sleep due to the tiny parasites which used to be the things of nursery rhymes, but are now the things of nightmares.
From causing people to wake up from itching and scratching, to eventually ending the expectation to have a solid 7 – 9 hours of uninterrupted REM sleep at night, bed bugs are the root problem for a lot of sleeplessness being experienced by folks regardless of location or income.
To make matters worse, they are very hard to kill. And this is exactly why I wanted to give a short list of facts to help people out there get rid of bedbugs.
Bed bugs treatment
Bed Bugs treatment starts by tidying up your home and vacuuming the seams and cracks of your mattress, box spring, carpet, bedroom, sofa, and anywhere else something could be hiding near your sleep area.
Bed bugs signs
The first bed bugs signs are usually bites. When people notice bed bug bites they usually assume spiders, mosquitoes, rashes, etc. and this loses valuable time.
Check to make sure you’re not dealing with just dust mites, which are not visible to the human eye and cause an itchy red rash all the same, just in a different way. This YouTube video on dust mites and bed bugs explains the differences, but how interestingly enough the strategy for elimination is strikingly similar.
Bed bugs bites
Bed bugs bites are normally very small, red, and in large groupings. For instance, bed bugs seem to love the neck and face area and will leave a cluster of 10 – 20 bites when they decide to stop for dinner. These bites often turn into large red rashes on the skin and when people scratch them, it can turn into skin damage.
Bed bugs symptoms
Bed bugs symptoms, aside from the bites, include clusters of black specks and tiny black dots in and around the mattress seams and between the box spring. You may also find areas of splotchy brown, red, and black along with the shells of bed bugs when they shed their old skin, as well as egg casings. This is usually where the bedbugs congregate during the wee hours before looking for food.
The obvious knee-jerk reaction is for people to look for some type of bed bugs spray. This is because we have been conditioned through marketing as well as other psychological factors associating firearms with killing things, to look for some type of firing mechanism to kill insects on contact. However, this is a futile and illogical endeavor, as this will not kill bed bug eggs or the bed bugs hiding in the walls or between the mattress.
How to get rid of bedbugs
Ultimately, when discovering how to get rid of bedbugs, you will want to avoid the high-priced exterminator who will often expect you to shell out thousands of dollars and even sign onto a monthly contract. You’ll also want to bypass buying products that don’t kill the eggs like bed bug sprays, as well as chemicals that could harm you or your pets.
The subject of bedbug infestations has now gone to the front line of the national wellbeing and home improvement discussion. At the point when nasty bed bugs go to a city board meeting in a fair sized town in Ohio, encouraging a large number of the general population to a swift exit out of the building, you know there’s an issue.
Why the Bed Bug Problem is Not Improving at All
While it’s somewhat bizarre superficially at any rate that bedbugs would be found in an administrative assembly, it’s quite reasonable and expected at this point. To be completely forthright, blood sucking bed bugs will stow themselves away anyplace individuals congregate and anyplace there’s a cloth covered surface. This is the reason airplane terminals in world airports need to replace their seating areas far before the chairs need to be reupholstered.
With regards to where they prefer to live and regularly traverse, bed bugs are extremely flexible and creative. They adore high-traffic spots to profit from a relentless stream of human guests, since this inevitably implies more supper choices at the day’s end.
What most people do to do to dispose of bloodsucking bedbugs
While you might not have much say over the seats on the transport, train, plane, cinema, medical specialist’s office, or anyplace else unpopular bedbugs hang out, you can still take effective measures to safeguard your own home and living space today.
The first and most vital step is to tidy up your home as well as can be expected to reduce messes and take out potential homebase choices for the undesirable cimex lectularius, otherwise known as bed bugs.
Second, in the event that you notice a big bad bed bug invasion, the subsequent stage is to take all your garments and clothes to a laundromat and wash on industrial strength to include drying on high heat, which will not only kill living bedbugs, but get rid of bed bug eggs too.
A Bedbug Exterminator: Not always necessary- but always pricey
One of the 2 greatest slip-ups individuals make while fighting bed bugs is accepting the idea they have to get some kind of chemical weapon to stand a chance against them. The reason is mental, on the grounds that individuals accept something that is powerful at executing must come in a dangerous package
The issue with kissing bug showers that destroy on contact is that they don’t wipe out the eggs which are surely well-covered up away in the crevices of your sleeping cushion, box spring, bed outline, or in the splits of the dividers or underneath the floor covering.
The second greatest error is expecting that just paying large sums of cash to an exterminator will successfully tackle your bug issue. In all actuality, an exterminator can address your concern, yet it might be overly expensive, and they might need to utilize synthetic or harmful compounds that may not be the healthiest thing for your family, particularly in the event that you have little youngsters or pets that like to crawl around your home themselves.
The huge mystery for eradicating bed bugs is entirely straightforward. After you’ve evacuated potential clutter spots and disinfected your garments, you can put down a defensive barrier that effectively protects your home from these undesirable visitors once and for all. This little-known material is so natural yet most governments will basically not educate its people that such a reasonable, normal and safe item even exists.
The BEST Natural Bed Bug Solution the Government Won’t Tell Anyone About
The all-natural ingredient that gets rid of bedbugs fast and for good is known as freshwater silica. It is an abundant form of dirt that is found at the base of lakes everywhere throughout the world. It is a fine substance that is comprised of diatoms, which are the fossilized remains from once-living microscopic algae. At the smallest level they are quite sharp which means they pierce the exoskeleton of insects, and the bug in the long run loses all its inner liquids and perishes.
This common freshwater silica is likewise incredible in light of the fact that it remains great perpetually insofar as kept dry. This implies once the life of a bed bug egg tops at 21 days and releases its contents, the blood sucker may yet creep through it, end up affected, and bite the dust. One extraordinary site that offers the best, most secure, and legal type of this amazing product is Defensive End!.
The best part about this mysterious powder? Quite a bit of it is safe to the point that people even eat it. Moreover, small sums are put into the country’s livestock supply for domesticated animals as feed to execute the inner parasites of cattle, pigs, and it’s even tossed down on the ground in chicken coops to keep the flea, tick and critter issues under control.
Keep in mind, you don’t need to go the typical course of purchasing poisonous synthetic substances and sprays or spending oodles of cash on an exterminator, especially since this natural powder likewise works on all insects and creepy crawlies.