Panicked Employees Take “Better Safe Than Sorry Route As Gov Pleas For More Time
The Governor of Kentucky says that employees are panicking and taking a “better safe than sorry” approach as retirements surge 64% YOY in September…
Continue readingRetirement Crisis
Simmering Now But Soon To Boil: Greece Heating Up Amidst All Other EU Brush-fires
Brexit, Catalonia, Italy and German immigration policies may be the Problems Du Jour, but Day-Old Problems are back, and their shelf lives are about up…
Continue readingGordon Long: They MUST CONTROL GOLD To Control Interest Rates
Gordon says that besides the bond and gold markets, there is another major problem: The entire pension and retirement system is hanging in the balance of a record high stock […]
Continue readingSRSrocco: Retirement Collapse Will Be Swift As Americans “Get Precious Metals Religion”
Steve St. Angelo says that retirement benefit pay-outs are now greater than retirement contributions. Americans will get Precious Metals Religion and buy gold and silver, and the collapse of the “Greatest Ponzi […]
Continue readingHere They Come: Up to 90% Pension Payment Cuts
CalPERS is cutting in ranges estimated at 70%, 92%, and even 100% depending on the location, terms and conditions. The pension and retirement systems across the United States are rolling […]
Continue readingStereo-typically “Well-Off”Hartford Is Back: FLAT BROKE and NEARLY OUT OF MONEY
If it is any wonder why Dallas had a run on pensions, or why Kentucky has seen a 20% surge in public retirements in August alone, this is one of […]
Continue readingFund Manager: Pensions MUCH WORSE SHAPE Than Reported and NOW THIS
The pension runs have begun. First there was Dallas, and now there is Kentucky, and it is about to get much worse from here, and if that wasn’t enough – […]
Continue readingLynette Zang: First Gold, Then Fiat, and Now They Want EVEN MORE POWER
Lynette Zang discusses how Pensions, IRAs and 401Ks are simply going to vanish into the financial black hole. Lynette says that going from gold to fiat was destructive by design, […]
Continue readingEntire State Pension Goes from 80% Funded to 53% Funded in Blink of Eye
As various pension plans around the nation take small steps towards facing reality, the entire state of Minnesota just woke up to the reality that a funding level of 53% on […]
Continue readingRETIREES ARE DOOMED: Bloomberg on Inflation and They Give Investment Advice
If they are serious, retirement in America is doomed…
Continue readingThe Odds of Being a Terrorism Victim Are Low But THIS IS 100% Certain
Nothing is more certain than the math that Simon Black shares, and it comes with dates and places too…
Continue readingHere’s How a Few Government Pension Funds Are Trying to Close Their $7 Trillion Funding Gap
Simon Black shares this new strategy for royalties…
Continue readingSimon Black: ATTN: Banks – Take 2008 Bailout and MULTIPLY BY 60
Very bad indeed. Here’s a breakdown to help you prepare
Continue readingDallas Police Department Has A TEXAS Sized Pension Problem
And now another problem on top of it
Continue readingAverage Boomer Standing In Massive Retirement Savings Sink Hole
And most just keep on digging…
Continue readingTsunami Warning Brace Now: These Pension Problems Will Come Crashing Down on Gold and Silver
Brace yourself because the water has now receded in the land of retirement. Here’s the problems and this is what happens.
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