New update today ! March 11, 2015 READ READ READ

MONEY CLASS NOW SCHEDULED!

April 22^nd, 10.30 am to 2:00 PM at our new digs at KVMR!  120 Bridge St. in Nevada City across for our old digs at 401 Spring St. See the new studios and attend class in our new community room. I will provide drinks and some snacks.

Cost: $199.00 or mail your check now up until April 1 and get HALF OFF!  Pay only $99.50. We must receive your check by APRIL 1 to get this discount. Include your name, email and address with your check. Cost at the door will be $199.00.

This is a MUST ATTEND class for everyone, regardless of net worth.

We will cover, money- what it is and how does it work? Investing in stocks or elsewhere?

Tips on great rates for savers and low income. Real Estate, Dividend payers, annuities, bonds, offshore stuff, gold and silver, inheritance, fixed income, aging parents, investing for kids and more! Question and answer period at the end if time allows.

You will also get my Super Dividend Payer List!

How to enroll:
Send check to:
PMB 101

578 Sutton Way

Grass Valley, Ca 95945 (make check payable to E. CUNIBERTI)

(BEST DEAL- NEW MEMBERS ONLY)

Pay only $49.00. Subscribe for a 2 year membership to the site and I will THROW IN THE CLASS FOR ONLY $49.00~ Just go to moneymanagementradio.com. WHAT A DEAL! Cost for the 2 year membership is $199.00 and I throw in your 3^rd year free!

Remember though you must sign up for the 2 year subscription for $199.00 then send in your check for $49.00. If you signed up for the website in the last 30 days for $199.00 you are also eligible for the discount.

You can also pay at the door of course ($199.00).

Don’t delay and get your discount. Choose your method of payment!

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Marc’s Notes:

Wow, what markets eh? A strong US dollar is wreaking havoc on most markets. Oil and related investments are plummeting! What an environment where a stronger US dollar causes bad things to happen. I suspect we will see something to cause the US dollar to weaken soon. It has gone to far too fast! Look for some Fed announcement soon or another market mover to reverse the dollar.

I will cover these markets in the class, in this newsletter and on upcoming shows of course.

What to do? Hold your dividend payers. While the markets correct, you still get paid.

As mentioned in recent newsletters and shows: a orange tint had become apparent on the green light to buy stocks. My call to not put any new money in the market weeks back looks like a spot on call. This advice is still in play.

Gold and silver: This markets got clobbered which is why I said “start to add only”.

The bottom looks to be near (maybe!) but my call of gold $900 and silver $15 is still in play so go light on adding gold and silver investments at this time but consider still adding up to the recommended allocations per my usual advice.

Stay tuned for market watch in these newsletters and shows.

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Federal Reserve Chief Janet Yellen is resisting a bill to audit the Federal Reserve saying it would harm the institutions independence and make them more inclined to be subject to political pressure. 

As if no one thinks that is the case already but that is a story for another day.

There is no surprise on her putting up a fight against more oversight. Who in their right mind would want their job more scrutinized? And with more oversight and transparency, her actions on Fed policy could be questioned at every turn.

Historically one could make the argument that the Federal Reserve has done little to improve things since their inception.

For starters, didn’t they miss the dot com bust and housing blow up? What about the Great Depression of the 1930’s and stock market crash of 1929?

Have we forgotten about the near miss implosion of the world’s banking system a few short years ago?

Didn’t all this happen while the Fed was supposed to be regulating and watching over such things?

The failures of the Fed can also be compared to many decades past.

In the period prior to the Feds inception in 1913 (and before there was any federal income tax) the greatest economic boom in US history took place and the annual rate of inflation was half a percent.

Compare that to inflation rates averaging more than seven times that since the Federal Reserve came to be. So much for the Fed providing monetary stability.

Since their inception there has also been 18 recessions or depressions. Before the Fed the number of economic setbacks was under ten, much less severe and the average length of duration of those events was only 2.5 years.

The six largest banks have gotten even bigger and “too big to fail banking” institutions are now the norm, and grew that big under the Feds so called not so watchful eye. Keep in mind the Federal Reserve is the regulator of banks and similar financial institutions.

Under current Fed policy bubbles exist in a variety of asset bubbles and when they start to pop, the public will then realize the Fed is and has been shooting from the hip as to monetary policy.

I doubt anyone would argue the success of the Feds varying programs and attempts at stabilization are sketchy at best. Their track record of recognizing problems before they become bigger problems is indeed dismal.

Meanwhile their policies have enriched the very upper class to an even greater extent while the common man finds it harder to make end meet.

Keeping all this in mind, do you think we should pull back the curtain at the Fed and find out what they’re doing or should Fed Chief Janet Yellen and her minions be allowed to continue to operate in the dark?

Remember all the haggling about the debt ceiling? Whether to raise the amount the US government can owe? Whether it can continue to spend? The infighting between parties?

There is a way to solve it, and apparently the parties in Washington did so.

Did they raise it sometime ago? Why has there not been nary a word on it for months?

The reason is they just did away with it, at least for a while anyhow. It happened earlier this year and no, you heard nothing about it on the evening news. After all why would they want to advertise they reached a decision if the decision was no decision?

Such a simple solution.

The fact of the matter is the debt ceiling limit is not really gone, just suspended, if there is such a thing. Don’t you wish you could suspend your personal debt ceiling?

No, you and I can’t but the government can and did.

There is no fighting about the issue right now but that is all about to change.

Not that it will result in the public squabbles across political aisles that we were so familiar with. Politicians realize the mudslinging hurts both parties so the debate will not get the fanfare we have seen in the past, but on March 15, the suspension comes to an end.

That doesn’t mean the US won’t pay their bills in the meantime however. There is a variety of bookkeeping manipulations the Treasury can do and has done many times in the past to make money available to keep writing checks but something will have to be done before too long.

For now, all is quiet on the debt ceiling front and I’m sure we will hear something about it very soon but don’t expect the grandstanding and nasty infighting we have witnessed in the past.

Although there are definite differences between the parties about how much more debt we can take on, both parties will agree to raise the ceiling. The only issue will be by how much and since both parties know past battles over debt made for ugly headlines for all concerned, there will likely be more backroom deals to keep the battles out of the public eye.

Mark my words dear reader, the IOUS will keep flying off the shelves at the US Treasury department but you won’t hear much about it.

The arguments generate too much negative opinion about politicians in general and since both parties have one common goal- to stay in office. They will settle their differences much more quietly then in the past.

All for now, now sign up for the class!

Marc