Posts by David Schroeder
Gold hits 8-month high as Ukraine-Russia conflict escalates
Gold touched an eight-month high on Thursday, after Russian news reports of a mortar fire in eastern Ukraine boosted demand for the safe-haven metal and as less hawkish signals from U.S. Federal Reserve’s last meeting minutes underpinned bullion. Spot gold rose 1.5% to $1,897.21 per ounce. U.S. gold futures gained 1.6% to settle at $1,902…
Read MoreGREAT VIDEO ON INFLATION FROM MR TUCKER
Inflation explained with wood.
Here is a great representation of inflation. A picture is worth 1,000 words.
Read MoreSpeak Out: The Government Is After Your 401(k).
“Democrats have obliquely admitted they covet Americans’ pensions. Last week, congressional Republicans told them to stay away. The shame is that they had to do anything at all. The first rumblings were heard in the 1990s, when Democrats were said to be coming after our retirement accounts. Back then, the warnings were easy to pass…
Read MoreDid you know the government owns a piece of your traditional 401(k) or IRA? Here’s how to get it back
While you end up paying taxes on your retirement savings one way or another, you have at least partial control over how much you pay and when that happens. If you are considering a Roth conversion to eliminate taxation on withdrawals down the road, be sure to see how the move would impact your current…
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