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We have been talking about the pension crisis for years now. It’s without a doubt one of the biggest, financial disasters. These pools of capital, responsible for paying out retirement benefits, are terribly underfunded. So anyone depending on a pension in their retirement years should seriously consider a Plan B
I guess none of this should surprise me anymore. Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad… people wrongfully lost their homes and ended up on the street. But before I get into the details of this particularly atrocious
From 2000 through 2012, the price of gold increased every year, rising from around $280 an ounce to nearly $1,700. It was an unprecedented run. Then, in 2013, gold took a nose dive, losing over 27% of its value. It was widely reported that the Swiss National Bank, the former
Several years ago back in 2004-2006, if you had a pulse, you could borrow money from a bank to buy a house. In fact, bank lending standards were so loose back then that there were some infamous cases of people who DIDN’T have a pulse who were still able to
[Editor’s note: While Simon is traveling today, other members of the Sovereign Man team penned today’s missive.] We’ve discussed this on and off for several years now. Civil asset forfeiture is a legal process that allows the government to seize assets and cash from citizens without any due process or
[Editor’s note: While Simon is traveling today, other members of the Sovereign Man team penned today’s missive.] This doesn’t make front page news… But it should. Every year, cost of living adjustments increase Social Security benefits. Over the past decade, payouts have increased by an average of 1.66% per year,
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