In your 60s and 70s, the goal should be to retire well, not impress your friends and family. Unfortunately, it’s easy to forget this simple principle. Many retirees quietly sabotage their financial future just to keep up appearances. Must Read Nearly one in 12 baby boomers (8%) between the ages of 60 and 78 said they felt some social pressure to spend beyond their means and keep up with the financial status of someone in their peer group, according to LendingTree (1). That’s a small minority, but if y ...

BOURJ HAMMOUD, Lebanon (AP) — Tiny Lebanon sits on one of the largest gold reserves in the Middle East and its government is weighing whether it can use that stockpile to restore a crippled economy while its citizens are looking at gold as a way to protect their battered assets. Lebanon’s economy hobbled into 2026 with ongoing inflation and state decay and no reforms to combat corruption in sight. Its banks collapsed in late 2019 in a crippling fiscal crisis that evaporated depositors’ savings and plunged ...

Inflation and Economic Outlook - Inflation has significantly reduced the purchasing power of the dollar, with $100 in 2025 equivalent to $12.05 in 1970 [1][4] - Predictions indicate that inflation will be more severe in the coming years compared to previous periods, as suggested by rising gold and silver prices [1][2] Precious Metals Market - Central banks have increased their gold purchases to over 1,000 tonnes annually since 2022, indicating a shift towards gold as a hedge against inflation [2][3] - The U.S. Dollar Index has reached its lowest level in four years, reflecting concerns about the dollar's stability [2] Economic Crisis Predictions - An impending economic crisis in the U.S. is anticipated to be more severe than the 2008 financial crisis, primarily affecting the domestic economy [4] - Schiff emphasizes that the current economic structure is unsustainable, predicting a collapse of the dollar and a transition to gold-backed currencies [3] Investment Opportunities in Gold - Schiff does not provide a specific price target for gold but suggests it could rise significantly due to the lack of a floor on the dollar [6] - Notable figures, including JPMorgan CEO Jamie Dimon, have suggested that gold could reach $10,000 per ounce in the current economic environment [6] Mining Stocks Performance - Precious metals mining stocks, such as Agnico Eagle Mines and Pan American Silver, have seen substantial gains of approximately 161% and 206% respectively, yet Schiff believes they still hold value [9][10] - Schiff identifies Franco-Nevada as a high-quality gold stock and suggests that junior mining companies may experience significant growth [11][12] Alternative Investment Strategies - The article discusses the potential of real estate as a hedge against inflation, with property values and rental income typically rising during inflationary periods [14][15] - Art as an investment is highlighted as a scarce asset class that has outperformed the S&P 500, providing a unique opportunity for diversification [20][21]

Safety Concerns - Organized crime groups are exploiting vulnerable young foreign men to drive trucks, posing a safety risk due to inadequate training and unfamiliarity with driving conditions [1] - These drivers often lack sufficient training and experience operating heavy-duty trucks, increasing the likelihood of accidents [1] Economic Impact - The exploitation of foreign drivers undercuts American truckers' wages, creating an economic crisis within the industry [1] - The trucking industry faces an economic crisis due to the prevalence of organized crime [1] Security Risks - Organized crime's involvement in trucking presents a security crisis for the American trucking industry [1] - The trucking industry is facing a security crisis [1]

.@SteveForbesCEO praises the Thatcheresque inclinations of Japan's new prime minister, Sanae Takaichi, which could help her nation dig out of its economic rut—but he warns that she is still pursuing the same plans as before, which could ensure an economic crisis. #WhatsAhead https://t.co/OJw4JiwEMN ...

Political Landscape - Bolivia's next president, Rodrigo Paz, is taking a centrist approach to address the country's economic crisis [1] - The focus is on practical policies rather than ideological divisions [1]

Whoever wins the election will have to dig Bolivia out of an economic crisis. First on the agenda is to source dollars and keep the fuel imports flowing, or their government might be short-lived https://t.co/U2UZsZevii ...

BREAKING: Pro-business senator Rodrigo Paz wins Bolivia’s presidential runoff, pledging to improve US ties and curb spending to fix a deep economic crisis https://t.co/BQZvW4oo4B ...

Bolivians are voting in a presidential runoff to decide which of two pro-business candidates they trust to lead them out of their deepest economic crisis in forty years https://t.co/pokmaWFigI ...

Economic Crisis - Argentina is seeking financial assistance from the US [1] - The country is facing another economic crisis [1]