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How to Terror-Proof Your Money
Once you've moved your money into these different asset classes, the next thing to focus on is to start picking specific mutual funds or individual equities that you believe will perform well in turbulent kinds of markets. It is also worth remembering that all fiat currencies (paper declared to be money by some authority without it being exchangeable into anything else) have eventually become collectibles. Confederate money, French assignats, Iraqui dinars, etc. It's not an accident that the Golden Rule is frequently misquoted as Those with the gold rule. Gold and silver have protected investors for centuries from financial mismanagement, bad governments, inflation, and of course, war.
The Economys Greatest Depression Downturn Ever Is Now Just A Few Years Away
This time the loss directly affects the more than fifty percent of the US that now own stocks either directly, or indirectly in mutual funds, pension plans, IRA or 401K type plans. In the depths of the depression of the 1930s US unemployment reached 25. With a depression that is financially about seven times as deep as the 1930s, what will unemployment reach this time? As in the 1930s, home values will also plummet destroying much of homeowners' equity, or all of it for those who buy homes in the years leading up to 2012-13. It is rightly said that when America sneezes the world catches a cold. China will however feel the impact in terms of the plummet in our imports that will then take place.
Begging Your Trust in Africa
Governments throughout the world have geared up to protect their businessmen. The US Department of Commerce, for instance, publishes the World Traders data Report, compiled by US embassy in Nigeria. It provides the following types of information. The more heightened public awareness grows with over-exposure and the tighter the net of international cooperation against the scam, the wilder the stories it spawns. Less gullible victims are subjected to plain old extortion with verbal intimidation and stalking.
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