Current Rates

Many Americans are now familiar with the financial advice of Dave Ramsey. He is a proponent of “debt free” living. His book empire is built on simplistic advice; save now spend later, live within your means and have no debt. But is this really sound financial advice? Yes, it is sound, but is it best for you? Our monetary system is an overly complex organism. For those who feel uncomfortable delving into their own personal finances this sound advice would prevent a lot of financial... (more...)

‘Is the Gold Rush over?  Gold reached some serious resistance this week as the price peaked at $1018 and has drop to $988 in the last 48 hrs.  The breakpoint for gold to attain certain level of stability upwards of $1000 is  actually $1034.  Not hitting this price shows that consumer confidence is coming back and they believe in the dollar.   While optimism  is the spirit that drives the American dream, its unlikely it can overturn the damage that was done by our monetary policy. It’s... (more...)

Like many Americans, I know you are scouring the internet and soliciting friends advice on what to do with your money in these financially uncertain terms. As we have seen banks are unwilling to share their current profits with consumers.  CD rates are below 1% in most cases, with inflation sure to be above 3%.   Of course banks provide more than just interest rates.  They provide safekeeping and easy access to your money.  However, with banks failing and more than 300 still on the FDIC watch... (more...)