The world is forever changing and I never thought that I would see a state propose a digital currency backed by gold, but it’s finally happened. Two bills have been introduced in the Texas House and Senate proposing the creation of a state-issued, gold-backed digital currency. If enacted, this legislation would give people the option … Read more
The amount of money that depositors have removed from banks across the United States is ALARMING! It feels like we’re in the most unstable banking climate in the history of America. There is scary new Federal Reserve data that’s been released. The data reveals that U.S. banks are not only struggling, but they could be … Read more
If you’ve been following me daily, then you likely know what’s going on with SVB. For those unknown, I’ll bring you up to speed quickly. The banking industry was thrown into absolute chaos on March 10 when Silicon Valley Bank suddenly collapsed. This was disastrous and is now the second-largest bank failure in American history, … Read more
I cover a lot of things about banking and finance, but none as important as this post today. To say that your retirement is at risk is an understatement. As the economy crumbles and banks fall to their death, so does your retirement fund. This is why I’ve decided to share a bunch of research … Read more
I get asked the same questions over and over. One of which is related to the economy and what’s happening today. Many want to know if we are in a recession today or not. This is why I’ve shed some light on this topic and shared my thoughts below. I discuss what a recession is, … Read more
Now more than ever, the need to be mindful of your finances is greater than ever before. As the global economy continues and investment markets struggle with the tightening of the economy, it is important to understand the implications of financial decisions. Which is why I’m covering the question on cash today. A lot of … Read more
Whether you’re into finance and investing or not, you need to know a few things about today’s economic climate. For one, it’s not good in the sense that there’s a lot of uncertainty. Something big happened today related to the economic climate too. The Federal Reserve has been talking about raising interest rates in September … Read more
Today the Federal Reserve announces yet another interest rate hike. The expectation is that it will be raised another three quarters of a percentage point, which would mark the third time in a row that the fed rate hike has aimed at tackling inflation, which has this country in total disarray and even has Biden … Read more