Collapse Update: Pensions at risk, China Gold, Annihilation of Savers

A majority of pensions will face bankruptcy.
If you are feeling safe in your old pension plan then read this.  Most are underfunded and based on high rate of return assumptions.

Chinese Gold Demand Up 20% this year.
They know not to hold dollars and the government wants gold investment.

Annihilation of Savers All Over the World
Jimmy Rogers says we should all be worried.  Don't worry Jimmy we are worried but only a little.  If you have your ducks in a row such as Water, Food, Shelter, Self Defense Tools (guns and ammo), and precious metals there is not much point in worrying, but just focus on living the best you can.

Baby Boomers Living with Mom and Dad
This is just a replay of the old days when it was the parents that might hand the home over to the kids in order to have someone care for them.  The reality now is that there has been no recovery and will not be one as long as the policies put in place continue.  The ACA is the most destructive action ever devised to destroy the American economy since it is one massive tax increase.

Another Real Estate Crash?
It might just be happening but what we do know is that sales are slowing and prices will follow.

17 things to show anyone who doesn't believe the economy is in trouble.
Each of these is cause for concern.