This is actually an article I wrote more than 2 years ago to use in my book Stealth Wealth.
Since then I’ve continued to follow the global events impacting the economy and finances all across the world.
We’re living in some very interesting times.
In fact, I believe that had the US Federal Reserve not stepped in and started the printing presses in 2010, we’d be in a major depression much like the 1930’s.
The scary thing though, is that I think all that has done is kick the can further down the road. The crisis didn’t go away, it just got bigger in scope and will be even more drastic when it occurs.
Here’s that original article. I’d love to hear your thoughts once you’re done reading.
Seriously, are you dumb? Not winning any friends with that title am I? And you’re probably not going to like this article either. I’ll just warn you now. Can I be brutally honest with you for a moment? Not fluffy “you have something on your face” kind of honesty, but smack you upside the head […]
Last week I spoke at the 3rd THRIVE Financial Empowerment series event, and I had the good fortune of inviting one of my mentors to join me on stage to illustrate the power of wealth cycles. I’ve had a number of mentors over the years who’ve helped move me forward with my own financial education, […]
If you want to be successful as an investor, you must understand the power of a wealth cycle. What’s a Wealth Cycle? The word cycle is derived from the Greek word Kyklos meaning circle or cycle. A common definition for cycle is “a periodically repeated sequence of events.” Cycles play a major role in our daily […]
Here are the answers to some common questions about owning physical gold and silver. Frequently Asked Questions About Gold And Silver 1. Why would I want to buy Privately Minted Gold and Silver Bullion, and not Government-Issued Coins from my local bank? With the majority of coins being Government mint, by law you […]
The Chairman of the Federal Reserve has once again announced more money printing with its most recent commitment of buying a further $45 Billion in Treasuries earlier today. Helicopter Ben Pumps More Money Into The Economy From a recent article on Yahoo Finance: “The central bank replaced a more modest stimulus program due to expire at year-end […]