Personal Finance Mastery

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I was listening to the song Cost of Livin’ by Ronnie Dunn the other day and it got me a thinking a lot about the tough times millions of American’s are going through right now.  We are in the midst of the Great Recession, unemployment is high, the economy is slowing down, the stock market [...]

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President Nixon and The Split Between The Dollar And Gold
I came across this video today and I felt compelled to share with everyone, I know the other day I just wrote a blog post on the 40th Anniversary of the Gold Dollar Divorce but here it is to see in real life how the world [...]

It’s the time of year again when everyone starts buying up the goodies they need for the new school year. Whether you are buying for elementary, high school or college chances are you will need to be stocking up on supplies, text books, new clothes and shoes.

Its important to keep in mind though that this [...]

The most recent report of the Manheim Used Car Value Index reached a new all time high in May. The Index measures the wholesale auction costs for used cars that dealers around the United States pay; in May the Index reached 127.8, a 5.6% overall increase from a year ago. Some of the greatest jumps [...]

It was just a few days ago that some very remarkable statements were made by prominent Chinese financial individuals that had very little to no mention here in the United States.
China should reduce its excessive foreign exchange reserves and further diversify its holdings, the current reserve amount is too high
That was a remark made by [...]

I’ve gotten a lot of questions lately from people asking about gold.  The questions all pretty much revolve around the idea that gold is a bubble and will the gold bubble burst soon.  These questions are asked in the context of the greater commodities rally we have been seeing lately.  My answer to their questions [...]

In the past 6 months the price of silver has gone from the low $20′s to about $41.  One of the first thoughts popping into my head is going to be, “Is silver reaching a peak?” We know how the silver market is doing in and of itself.  Numerous mints and precious metals dealers have [...]