Guess which is the ocean and which is the bucket?

Many interesting things are currently happening in the financial markets. One that stands out and relates to the title involves the saga of the continuing IMF gold sales. To best illustrate the latest of this nearly 6 month drama follow the simple timeline provided below: [...]

Does anyone sincerely believe that US Federal & State Government politicians are capable of instituting sound budgets? The unfortunate and sad truth is that this doesn’t appear to be the case.

While a few months old, the following report, NEW FISCAL YEAR BRINGS NO RELIEF FROM UNPRECEDENTED STATE BUDGET PROBLEMS*” sheds some light on the depth of the fiscal problems faced by nearly all of the US States. Here are some key highlights from the report: [...]

Financial planners (not panners) everywhere beat the drum of retirement programs and all of the substantial benefits they offer. The span of this message should not be understated – from popular financial gurus on TV to your local neighborhood financial planner, from local and national newspaper articles to financial magazines and online media, from anywhere to everywhere – it is perfectly reasonable to state that the general consensus holds 401ks and similar type retirement plans are *the* way to plan for a successful retirement.

Relatively speaking, 401ks and similar retirement plan structures are a [...]

The truth hurts. Initially, truth can be shocking, hurtful, surreal, and utterly amazing – but its longer term nature is always liberating as it provides a solid foundation to make forward progress. With truth comes change, whether desired or not, and eventually a new sense of hope.

The Financial Panner sees 2010 being a year where many economic and market truths, a number of which are not mainstream, ascend the dam of deceit and rapidly immerse us all dispassionately. Though many still will not wish to recognize and accept them, these truths will begin to be accepted by a majority as commonplace. [...]

The Financial Panner commonly references and highlights “Markets at a Glance”, a monthly report put out by Sprott Asset Management. The report’s content is excellent and the latest issue, titled “Is it all just a Ponzi scheme?”, is no different.

This month, the December 2009 report from Sprott Asset Management attempts to discover which entities funded the massive $1.885 Trillion in US Treasury debt issued in fiscal year 2009. The investigation reveals a startling conclusion – someone, perhaps Santa Claus himself, provided an extra $528 Billion to ensure the global economy ran smoothly and it was business as usual for financial markets.

The following are key highlights from the report: [...]