The majority of people work all their life and look forward to a pleasant retirement. Their retirement plan involves paper assets to provide for their living expenses in the future. The major problem with this type of plan is that they have no backup plan to provide for themselves in the event that all paper assets are destroyed through inflation or default. 
Gen X Has New Reason to Resent Boomers as Retirement Looks Bleak ... Generation X, the unlucky cohort of Americans who became young adults during the boom years of the 1990s only to suffer a midlife bust, is facing bleak retirement prospects, according to a study. The Pew Charitable Trusts said the typical Gen X couple, born between 1966 and 1975, only has enough savings to replace half of its pre-retirement earnings. Married Americans born during the first part of the baby boom, from 1946 to 1955, can expect to retire with about 82 percent of their income. The younger boomers, born between 1956 and 1964, can expect to quit work and make about 59 percent of pre-retirement earnings. – Bloomberg 
When is the economic collapse going to happen? Just open up your eyes and take a look around the globe. The next wave of the economic collapse may not have reached Wall Street yet, but it is already deeply affecting billions of lives all over the planet. Much of Europe has already descended into a deep economic depression, very disturbing economic data is coming out of the second and third largest economies on the globe (China and Japan), and in most of the world economic inequality is growing even though 80 percent of the global population already lives on less than $10 a day. Just because the Dow has been setting brand new all-time records lately does not mean that everything is okay. 
We are in one of the most complex conundrums in financial history. On the one hand we have vast amounts of cash that creates tremendous liquidity with interest rates at virtually zero, G7 finance ministers at least alarmed about the high level of liquidity yet it is becoming obvious even to them that monetary policy can not solve the structural problems in Europe or the world economy for that matter. The longer this period of excessively low interest rates prevails, the greater the risk of a total confusing global economic meltdown.
We often hear investors complain of financial markets (and the gold market
in particular) being “rigged” or manipulated. The sad yet somewhat
humorous tale of Henry Gribbohm recently brought this accusation to
life. The 30-year-old Gribbohm infamously lost his life savings of
$2,600 on a carnival game in an attempt at winning an Xbox Kinect valued at
$100. For his efforts, he walked away with a giant stuffed banana sans
his $2,600 life savings.
How many times have you heard President Obama express concern for the middle class? More than you can count, I'm sure. If you are in the middle class, Obama's frequent mentions of you should make you very worried. 
In the beginning of The General Theory, John Maynard Keynes says that his ideas will no doubt be rejected because they are so novel and revolutionary.
Toward the end of the same book, he seems to have forgotten this because now he says he is reviving the same centuries-old ideas that he had once dismissed as the most absurd
fallacies. At least he acknowledges that he is changing his position, although he does not explain how his ideas can be new, revolutionary, and also
centuries old. 
In the past few months we have been visited by some very startling shortages in unlikely things. Just a few years ago who would have suspected that ammo in this country would become so constricted that even law enforcement agencies would have trouble getting any. And just recently we have seen precious metals get squeezed. Even while spot prices were dropping, individuals and dealers alike found the supply drying up and prices remaining high.
Some people claim that our Social Security system isn't broke. Technically, they're right. The Old Age and Survivors Trust Fund (OASI) currently holds $2.5 trillion in special government Treasuries that can be redeemed at any time – in theory of course. But here's the catch. What happens when the OASI needs those trillions of dollars to pay out benefits? Essentially, the government has to find the money to pay the face value of those Treasuries. So from that standpoint, Social Security is broke. The Treasury IOUs are not backed by any cash surplus, only by faith that the US government will somehow come up with the cash... probably by indebting itself further or by raising taxes. 
Absolutely nothing within the Status Quo can possibly be truly reformed until the default option of doing nothing will guarantee collapse.
One of the critical factors that contributed to the collapse of Empires, Nations, and City States is when the Rule of Law collapses. Some have asked where they can read more about jurisdiction and the Rule of Law. 
Today this is a question being thrown around like a wet noodle in a noodle factory. But to really answer this heavily debated question, we have to go back to those who wrote this amendment to understand what they meant when they wrote it and why. We could just dig up some great statements and place them in here, but that would still be open for a debate. One has to wonder just why is it that right now the people who have taken an Oath of office to, “support and defend the Constitution of the United States” are now the very ones making bold and blatant attempts to destroy it! Do we as a people wish to begin down the road to the bottom by even changing the ideas of the Constitution? 
Salivating Bears have been calling for a market top for over 4 years, now,
and none have been right. The sentiment is understood but
misplaced. This goes to show how markets are not predictable, but
people are. So many want to exercise the FILO inventory premise: 
Those who understand its 'post-capitalist' rules will prosper
The screeching coming from CNBS and elsewhere this morning is amusing.
My wife, Jo, started receiving Social Security as soon as she could. When she wondered aloud how much larger her checks would have been if she'd waited, I said, "It makes no difference! You are already four years ahead of the game."
Don't be surprised when the global elite confiscate money from your bank account one day. They are already very clearly telling you that they are going to do it. Dutch Finance Minister Jeroen Dijsselbloem is the president of the Eurogroup - an organization of eurozone finance ministers that was instrumental in putting together the Cyprus "deal" - and he has said publicly that what has just happened in Cyprus will serve as a blueprint for future bank bailouts.
There are two types of people in this world; those who worship the ideal of centralized command authority, and those who do not. Those who value freedom regardless of risk or pain, and those who value slavery in a desperate bid to avoid risk and pain. When I consider the ultimate folly of man, in the end I look to the meek and unquestioning masses who strive to avoid risk, because it is they who always end up feeding the machines of war, despair, and tyranny. The power thirsty halls of elitism surely instigate and manipulate the tides of this wretched ocean of quivering souls, but ultimately, the weak-hearted and weak minded make all terrible conquests possible. 
I receive numerous questions from readers about our economic situation and the condition of civil liberty. There is no way I can answer so many inquiries, and no need. I have written two books that provide the answers, and they are inexpensive.
My latest, 
I had the chance yesterday to speak with Fernando Aguirre, author of a book entitled, “
If you still have money in European banks, you need to get it out. This is particularly true if you have money in southern European banks. As I write this, the final details of the Cyprus bailout are being worked out, but one thing has become abundantly clear: at least some depositors are going to lose a substantial amount of money. Personally, I never dreamed that they would go after private bank accounts in Europe, but now that this precedent has been set it should be apparent to everyone that no bank account 
The discovery of a page, on the FDA's own website, proves the FDA is fully aware that:
Years from now, historians may regard the 2008 election of Barack Obama, as an inscrutable and disturbing phenomenon, the result of a baffling breed of mass hysteria, akin perhaps, to the witch craze of the middle ages. How, they will wonder, did a man so devoid of professional accomplishment, beguile so many into thinking he could manage the world's largest economy, direct the world's most powerful military, and execute the world's most consequential job? Imagine a future historian examining Obama's pre-presidential life: ushered into and through the Ivy League, despite unremarkable grades and test scores along the way; a cushy non-job as a "Community Organizer;" a brief career as a state legislator, devoid of achievement. 
The people that have an understanding of the current financial situation have already begun their plans to stay solvent and provide for their families. They have stored food and seeds, bought some silver or gold coins and looked into alternative sources of power and energy for their homes. These are the logical starting points, but is it enough?
Humans love to study animals and catalog their unique habits. If we could back up far enough to see ourselves, surely we would rank our modern method of gaining something we call "the news" one of our strangest customs.
"Information is the hardest currency."
There comes a time when every prepper will say enough with all of the food and enough with all of the gear. After a year or more of seeking out the best stuff at the best price you just might want to stop – at least for awhile – and focus on something else.
I have received a lot of inquiries about the jobless recovery. Some questions ranging from what is going on to others asking advice to give children for a career. The economy is evolving like a child.
(Editors Note: This
is Mr. Griffin's analysis of the War on Terrorism and much more.
Terrorism is a distraction for deeper issues. Both hawks and doves
are playing into the hands of those who are using the conflict
for their own hidden agendas. You will discover the Council on
Foreign Relations, an organization that has dominated U.S. public
policy since World War I. You will learn about the ideology called
collectivism that motivates this group and find that its members
believe that the best way to bring about desirable changes in society
is to engage in war. Mr. Griffin meticulously documents how these
people, working within the American government, plotted to involve
the U.S. in both World Wars. They even encouraged enemy attacks
so they could claim the status of victim instead of aggressor.
The lessons and parallels for the War on Terrorism are chilling. - JSB)
Whether you have limited means directed at specific collapse-proof assets, or you’re an investor with capital in personal savings or stock portfolios, there exist a number of strategies that can help you to not only mitigate a worst-case scenario crisis, but to come out ahead should it come to pass.
With factories cranking out guns and ammo at 110% of capacity, how could a shortage currently exist?
These are cool, some very inventive, some very functional, and some very funny!Losses of over 50% (!) may be in store
I don't relish the job of constantly pointing out the risks to the equity markets. But since few on Wall Street seem willing (or able) to do this, I'm "making the call" for a market correction, as enough variables have aligned to indicate a high likelihood of stocks heading downwards from here.
I've only given one other such warning about equities before, and that was in March of 2008, when I warned of the possibility of a 40% to 60% decline in stock prices by Fall. I am making a similar call today, with the understanding that I am usually a bit early to the game with my views. Read More
In the United States everything is polluted. 
"Always buy land after a coup," said Aren Nunnink, an Aussie expat who moved to Fiji back in 1987 and is now the most knowledgeable real estate agent on the islands.
Years ago, late comedian George Carlin did a colorful routine in which he poked fun at our stuff. In the routine, he said that a marriage is a union of two people’s shuff. It was funnier the way he said it, but it rang true.
In this week's talk with National Numismatic Associates' Tom Cloud, he answers two big questions that confront precious metals buyers: Why are sales of some coins and bars reportable to the IRS and others not? And is it possible to buy and sell precious metals confidentially?
The National Deficit, along with the lack of demand for Treasury Bonds, leaves the government with no other option! And what you don't know can hurt you! 
