Why Gold Could Hit $10,000 by 2030 Amid Economic Turmoil [Video]

At the Beginning of Credit Destruction Cycle

At the Beginning of Credit Destruction CycleGreg Hunter – Former Wall Street money manager and financial analyst Ed Dowd of PhinanceTechnologies.com warned in September we were at the “Beginning of Panic Rate Cut Cycle.” Since that prediction, the Fed has cut interest rates three times. Looks like Dowd called it correctly. So, when does the panic kick in?

Dowd says, “The panic kicks in when there is some sort of banking wobble or stock market wobble, which is in the process of setting up. Private credit is the first to show problems. We had Tricolor Holdings (subprime auto lending bankruptcy) go poof. We had First Brands (bankruptcy) go poof. This is all private credit. Continue reading

Have Bad Credit? All You Need to Know To Refinance Your Auto Loan 

You want to refinance your auto loan. The problem is you have bad credit due to financial adversity and are worried you’re not going to find a loan provider who’s willing to help you.

Don’t worry. There are lots of people in the same boat as you. The fact is the sheer numbers of people coping with poor credit or no credit rating at all have increased significantly over the past few years. This is due to poor financial conditions throughout the economy.  Because this is known a number of loan companies are willing to help people with credit problems

Is Refinancing Good for You?

Before you start your quest for a loan provider you first need to decide whether refinancing is a smart approach for you personally. If, for example, you’re able to find a rate of interest that is lower than your current bank loan it’s certainly worth exploring. Additionally, it’s a good idea if your ultimate plan is simply to get a lower monthly repayment total. Continue reading