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Category Archives: ECONOMIC TRENDS
“The commander of the imperial guard took away the basins, censers, sprinkling bowls, pots, lampstands, dishes and bowls used for drink offerings—all that were made of pure gold or silver.” – Jeremiah 52:19 In the United States, the gold standard … Continue reading
“Mr. Bond, all my life I have been… in love with gold. I love its colour, its brilliance, its divine heaviness… I ask you… is there any other substance on earth that so rewards its owner?” – Ian Fleming, Goldfinger … Continue reading
“In case you didn’t get the memo, jobs are dead.” -Kate Phillips, Total Wealth Coaching This week we are proud to feature a guest post by Kate Phillips in celebration of independent entrepreneurs who have left paychecks behind to create … Continue reading
“China’s growth model is broken and can’t be so easily fixed.” – Michael Schuman in “The Real Reason to Worry About China,” Time Magazine Recently, China’s GDP slowed from around 10% annually to just over 7% a rate of growth still envied … Continue reading
“Target-date mutual funds are another Wall Street crime with the Department of Labor driving the getaway car.” -Barry James Dyke, best-selling author and financial consultant. Target-date funds sound like a good idea, at least on the surface. Everyone knows that … Continue reading
“No other fund of any flavor has attracted so much criticism, and no other type of equity mutual fund has sold so well in recent years.” -Morningstar Target-Date Series Research Paper, 2010 Industry Survey Target-date funds have exploded onto the … Continue reading
“History is largely a history of inflation, usually inflations engineered by governments for the gain of governments.” – Friedrich A. Hayek, Nobel Laureate Economist Last week we discussed lifestyle inflation, the inflation that we create ourselves as we grow older … Continue reading