Monthly changes in June home sales showed a decline of 8.4% for new homes, a decline of 5.4% for existing homes. Though large on a monthly basis, in the big scheme of things there numbers were not meaningful. Both numbers continue to show a developed and established pattern of low-level stagnation. Weakness in homes sales […]
Category: Self-Directed IRA
Q2-2012 Macroeconomic Themes For Gold And Your Self Directed IRA
The World Gold Council recently published their quarterly update for gold. There are some clear macroeconomic themes that have become obvious: Gold prices declined relative to most world currencies, but gold was up 4.4% during the first half of the year. Volatility remained elevated amidst a busy event-risk period. In general, gold outperformed what would […]
Another Reason Why To Put Gold In Your Self Directed IRA
There is a movement taking place with the major countries of the world that is going completely unreported and unnoticed. Many of the major countries are entering into transactions and relationships that will remove or greatly reduce the dependence on the US dollar as the world’s reserve currency. Here are a few examples: China and […]
June Housing Starts And Its Impact On Your Self Directed IRA
The June 2012 housing starts are out and they show a month-to-month gain of 6.9%. We should note that although that seems a like its a significant number, one number does not make a trend. This means that even though there is an increase of in the number, there are not enough numbers, of any […]
Fed Actions And How To Position Your Self Directed IRA
Mr. Bernanke just appeared in front of congress. What was very clear from his testimony is that the economy is weakening, jobs are not coming back, consumer spending is not materializing. This is clearly comforting. However, what’s ironic is that the markets actually rebounded because the implication is that the Fed will do more of […]
Hyperinflation Watch And Self Directed IRA Portfolios
As a general statement our predictions and outlook for hyperinflation remains unchanged. As we just reported, we are seeing significant signs of economic contraction from retails sales and consumer sentiment. We believe that its a misstatement of fact that the economy actually recovered and that we are now slipping back into recession. We contend the […]
Retail Sales Contraction And The Self Directed IRA
The June 2012 retail sales numbers are out and they show a 0.5% decrease vs. May 2012. This translates into a Q2 decrease of 0.20% which extrapolates into a 0.78% annual decrease. This downturn was the first for retail sales since Q1-2009. This can be viewed in light of the consumer sentiment index which also […]
What Obamacare Means To Your Self Directed IRA
As most of you probably know by now the US Supreme court ruled that Obamacare was constitutional as a TAX! Now as some of may recall, the administration portrayed this entire program as something that could and should be regulated under the commerce clause of the constitution, but it clearly, was not, definitely was not […]
Latest Trends With Gold And How It Affects Your Self Directed IRA
The price for gold has been moving somewhat sideways over the last several weeks. We continue to hear professional investor and Wall Street types condemn gold and precious metals in general. However, if you look at some of the trends in gold and gold demand, a very different picture emerges. The latest World Gold Council […]
Is Gold Money And How It Impacts Your Self Directed IRA
Americans feel “gold is the safest long term investment” today, a Gallup survey has found. Gold was favoured over four other types of investments perceived as the best long term choice for American investors today. 28% of the American public choose gold as their favoured investment of choice today. Real estate followed in second place, […]
How June Jobs Numbers Will Impact Your Self Directed IRA
Well, the June 2012 jobs numbers are out and they are terrible, as expected. There were on;y 80,000 new jobs created. May was revised upwards to 77,000 from the initial 69,000. Overall, the unemployment rate is steady at 8.2%. The numbers are starting to reinforce the a pattern that will become statistically significant. The implications […]
May Housing Starts And Self Directed IRA Considerations
Housing Starts are a key economic indicator as to how well the housing market is performing. It is a indicator of building an the level of building in relation to consumer demand for homes. The May 2012 Housing Starts numbers remain 69% below the 2006 peak. The housing numbers clearly show that home starts, and […]