As most of you probably know by now the US Supreme court ruled that Obamacare was constitutional as a TAX! Now as some of may recall, the administration portrayed this entire program as something that could and should be regulated under the commerce clause of the constitution, but it clearly, was not, definitely was not […]
Month: July 2012
Latest Trends With Gold And How It Affects Your Self Directed IRA
The price for gold has been moving somewhat sideways over the last several weeks. We continue to hear professional investor and Wall Street types condemn gold and precious metals in general. However, if you look at some of the trends in gold and gold demand, a very different picture emerges. The latest World Gold Council […]
Is Gold Money And How It Impacts Your Self Directed IRA
Americans feel “gold is the safest long term investment” today, a Gallup survey has found. Gold was favoured over four other types of investments perceived as the best long term choice for American investors today. 28% of the American public choose gold as their favoured investment of choice today. Real estate followed in second place, […]
Sovereign Responsibility And The Self Directed IRA
We recently came across a very interesting, joint project between Mike Walker, former US Comptroller, and some graduate students from Standford. This particular project was to analyze the basic policies and fiscal practices of the world’s major countries. The list is interesting and has definite implications for self directed IRA investors. This project was designed […]
The Low-Zero Yield Play And The Self Directed IRA
The Fed has continued to promote and enforce a low interest rate environment for the past several years. The purpose of such a policy is to promote and incentivize consumers and small businesses to borrow. When these groups (2/3rds of the GDP) have cash, they spend or invest it in business expansion, homes, durable goods, […]
How June Jobs Numbers Will Impact Your Self Directed IRA
Well, the June 2012 jobs numbers are out and they are terrible, as expected. There were on;y 80,000 new jobs created. May was revised upwards to 77,000 from the initial 69,000. Overall, the unemployment rate is steady at 8.2%. The numbers are starting to reinforce the a pattern that will become statistically significant. The implications […]
Revisions downward for GNP – What This Means For Self Directed IRAs
What is GNP This is the broadest measure of the U.S. economy published by the BEA. Once the headline number, now it rarely is followed by the popular media. GDP is the GNP net of trade in factor income (interest and dividend payments). GNP growth usually is weaker than GDP growth for net-debtor nations. Games […]