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| Curent Advice |
Government policy is hurting the economic recovery.
In the face of protracted high unemployment and prospects of a double-dip recession, the Fed officially acknowledged the economic slowdown and announced a willingness to buy more government securities and expand the money supply, if necessary.
Where to invest now? I still believe that the majority of your funds should be in income-producing investments.
Something interesting has been occurring with Annaly Capital Management.
High Income Goes Higher
Commodity prices fell last month in line with the global slowdown. Gold fell below $1,200 an ounce, and silver dropped below $18 an ounce.
I’ve written a new pamphlet on sound money called "A Tale of Two Dollars." Most Americans don’t know it, but the United States government mints two different kinds of legal-tender dollars, a paper dollar and a silver dollar.
Actions to Take This Month
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