Retired people know how important interest rates are for their well-being. Lowing rates is not what seniors need. To help understand, consider a senior with 1 million invested at 5%. That will get them an extra 5 grand to supplement whatever pension they receive. So the smug 30 year old says, so what! Well, their pension plan is based on a return of 8%. If their plan is interest based, each year the plan misses the mark by 3%. Each year!
Do any of you follow Rafi Farber? I think he is an investor, but lives in Israel and he posted yesterday that Israel is going to make it illegal for its citizens to own gold and silver. Anyone else hear that? Read that?
Just listened to the USA watchdog with Greg Hunter interviewing Martin Armstrong regarding the neocons and the war machine that is hell bent on setting the world on fire. Regardless of what the fed is planning October could be very "interesting ". Would love to hear other comments on the interview.
Good discussion
The Great Robbery.
How fed stole all gold from private citizens. Will they do it again?
https://mises.org/mises-daily/great-gold-robbery-1933
Could you send out a email advising people where the best places are to buy physical silver and gold. Thanks
https://x.com/wmiddelkoop/status/1837909089768378373
GM is so right about the attempt of tokenization of everything in the future…..
In Israel:
https://x.com/efenigson/status/1837789912625529088
Retired people know how important interest rates are for their well-being. Lowing rates is not what seniors need. To help understand, consider a senior with 1 million invested at 5%. That will get them an extra 5 grand to supplement whatever pension they receive. So the smug 30 year old says, so what! Well, their pension plan is based on a return of 8%. If their plan is interest based, each year the plan misses the mark by 3%. Each year!
A million at 5% produces $50,000.
They’re heading back to work, selling their homes.
Do any of you follow Rafi Farber? I think he is an investor, but lives in Israel and he posted yesterday that Israel is going to make it illegal for its citizens to own gold and silver. Anyone else hear that? Read that?
He would know.
Just listened to the USA watchdog with Greg Hunter interviewing Martin Armstrong regarding the neocons and the war machine that is hell bent on setting the world on fire. Regardless of what the fed is planning October could be very "interesting ". Would love to hear other comments on the interview.
Tuning in to Martin Armstrong puts you well ahead of the curve!
Ya'll be getting it in Early ☕