No Money Today

THE MONEY MASTERS is a historical documentary that traces the origins of the political power structure. The modern political power structure has its roots in the hidden manipulation and accumulation of gold and other forms of money. The development of fractional reserve banking practices in the 17th century brought to a cunning sophistication the secret techniques initially used by goldsmiths fraudulently to accumulate wealth. With the formation of the privately-owned Bank of England in 1694, the yoke of economic slavery to a privately-owned "central" bank was first forced upon the backs of an entire nation, not removed but only made heavier with the passing of the three centuries to our day. Nation after nation has fallen prey to this cabal of international central bankers.

Here is a good documentary called "Money As Debt". It explains the modern banking/debt-money system. It's important to know the history of money and how money is created. As you probably see or read in the news, we are hearing debt crisis and bailouts left and right. This video will provide you the financial education necessary to understand why the world is so messed up right now about debts.

A question I get asked a lot is do they invest for their retirement or pay off debt first? The answer I always give is to pay off your debt first. Here's why, Usually, your debt is high interest debt like credit cards or lines of credit. The interest rates charged on these debts ranges from 5% to 29%. These are guaranteed interest rates. That means no matter what, you know you have to pay those rates. When you invest, you may or may not get a satisfactory rate of return. Meaning, you may make 10% or you may lose 10% or more. If you have a high level of debt, pay off your debt first before you invest for retirement. Once you pay off your debts, you can use that money to catch up on your retirement savings. Alternatively, depending on how much money you make, you may want to start a savings program. This is different from investing, you are only putting aside some money for emergencies and only invested in a savings account. This is so that in the event of an emergency, you

I'm sure you've been hearing a lot of news about Greek default or the problems with the Euro. Add to that the constant talk of possible recession in the US and how the US economy is doing badly. In times of economy uncertainty, you have to hanker down and be careful with your spending. If you need to spend, buy only the essentials and pay in cash. Avoid debts especially high interest short term debts--in short, credit cards. If you're not in debt, you have no creditors to worry about. Pay down all your debts as soon as possible. If you can find a job, find a second job to help pay off everything quickly and have some reserve cash. Be conservative in your investments at this time. It's better for you to earn 1 to 3% than lose 20% in the stock market. It's not time to invest in the stock market now. The time to invest in the stock market is when we are in a bull market. Unless you know how to short sell, avoid stocks for now. This advise is contrary to what you&

A seminar by the author of "Guide to Investing in Gold and Silver" about economics, credit, money and economic bubbles. Very good and simple explanation.

The stock market has been falling for the last couple of days. It has been going down for a while but the downgrade by the S&P500 triggered a panic which sent the stock market crashing. The question is, what are investors supposed to do in this kind of market? Here are some suggestions. If you are investing in a mutual fund and you are investing for retirement. As long as your retirement is over 10 years away, keep invested. It is even better if you invest your money monthly so while the market is going down, you are buying more and more units in the fund. Now is not the time to invest a lump sum into the market unless you feel it's the bottom. Nobody can time the market 100% of the time but it is not a good idea to invest when it is still falling. It will eventually stop, but you have to keep your eyes and ears open to determine if the market is low enough for you to go in big. Markets usually recover, we just don't know when. In the meantime, it may be a good idea