How to Avoid a Devastating Retirement Planning Mistake
It is no longer safe to assume that a retirement goal is reached if it is done largely through pensions, Social Security and savings. Former Comptroller General of the United States, David Walker, recently spoke with us on what he perceives to be the biggest threats facing retirees today. The two biggest threats: over-dependence pensions and Social Security. He explains why Social Security is unsustainable in the long-term and why private pensions, even guaranteed ones, may not be so concrete.
A commercial break worth watching….
http://www.youtube.com/watch?feature=player_embedded&v=xSX49qfPFo4
After a commercial break, normal programming resumes:
http://www.youtube.com/watch?v=GiuaO14C2HU
Al, today was another day in precious metals like many others. I’m as mad as hell, and I’m either going to keep taking it, or get out of the precious metals market. Whether it’s the COMEX, bullion banks (read JP Morgan/Goldman Sachs) they are unquestionably manipulating this market, and it’s getting more than tiresome! It’s hurting all of small investors, funds, and others. How can this kind of criminality just go on and on? Today they started getting involved @ around 9.10 am EST and started up again around 3,30 pm. Nowadays they do this at least weekly, and do it with total impunity. It’s sickening., Who would sell 600,000 oz into an “up” market, that’s stupid. This is manipulation pure and simple at its worst, “They” sell naked contracts short into the futures market, and don’t have to worry about losses,,,,courtesy the taxpayer.
I’m a small investor whose been involved in markets for about 50 years, and have never seen anything like this! I know they can’t keep this up forever, but I’m not going to live forever either. For me, I think the answer is to get out,and stay out at least until a definite uptrend is established, and then, maybe, try it again. I’m getting more than tired of being beat up day after day. It’s all about trying to make this sow’s ear (US dollar) look like a silk purse. Let them have their fun…I’m stepping aside. If everyone else does the same they’ll be left playing their own game by themselves. For now, I’ve had It!!!!
I heard you yesterday, Wednesday, in one of your introductions say, “I’m getting tired of this” me too!!!!!!
Imagine when the British/Rothschild Empire went into India and China,destroyed the GLOBAL silver standard and killed/starved/impoverished untold millions upon millions for their gold backed fiat thingy?
Then the Yanks carried on the lovely Rothschild tradition.
We ain’t seen nothing with two years of losses.
The Morgan/Rothschild/Fed mob wipe out entire countries for their profitable pleasure.
I believe there is a way of stopping this manipulation and that would be for all the big PM companies world wide to band together and say that they can no longer sell their product at these MANIPULATED low prices and ignore the criminal paper market for the physical market. The physical demand is there to implement huge premiums on the MANIPULATED paper price.
Either they take this type of action now or they can just sit back and watch the crooks destroy their companies. It’s become as simple as that.
Pretty much eventually Rg.
Your comment is my exact tea s on for diversification.
Mr. Big Al Korelin,
Could you get franky on your who some time?
He seems to be an interesting fellow and would make a colorful guest. We would all like to hear from him.
On my “who” sometime?
Okay, okay I will put out an invitation.
Here it is Cranky. Are you up for it?
If you want to find out how your tax dollars have and still being used to admit known felons illegal aliens in the thousands into the US to pad democratic voting in key states, CA, NY, FL, IL and TX look up the writings of investigative reporter, Marinka Pleschmann at:
http://www.marinkapeschmann.com/
You will find corruption and fraud in immigration right up to the top, including Bill Clinton.
Are you surprised, CFS?
Parents of under age 18 children: I suggest you read page 110 of the Affordable Care Act and ask if they are your children or belong to the Government.