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Why Even Federally Insured Bank Deposits Are At Risk
See the newly updated list of the safest U.S. banks

By Bob Stokes
3/19/2013 4:45:00 PM

Cyprus lawmakers voted against the European Union's proposed levy on personal bank accounts in Cyprus. Even so, bank runs in Cyprus may be unavoidable. Depositors in the U.S. can't help but wonder whether bank runs could happen here. It's true that the Federal Deposit Insurance Corporation guarantees U.S. bank accounts up to $250,000. Yet, during a time of severe bank stress, the FDIC's guarantee could actually make a bank crisis even worse. Learn why. Plus, find out how you can access a list of America's safest banks.

Filed Under: banks, Club EWI, conquer the crash, debt crisis, deflation, economic indicators, European debt crisis, Federal Deposit Insurance Corporation (FDIC), media, personal finance, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy


If Gold Prices Cross This Line, There May Be No Turning Back
The new Metals Specialty Service video reveals what level to keep your eyes glued to in the coming days

By Nico Isaac
2/14/2013 6:30:00 PM

Valentine's Day will lead many a couple to raise their wine glass and toast that crazy little thing called love -- and in some cases a diamond ring. Yet the shiny bauble on many other minds won't be a diamond -- it'll be gold. Specifically, all the ways you can invest in the yellow metal, from holding physical bars, to ETF's, ETN's, mining stocks, or commodity trades.

Filed Under: Elliott wave, Gold, gold futures, safe banks, Traders

Category: Gold and Silver


How to Protect Your Wealth If An Economic Winter Descends
An old fable for modern financial times

By Bob Stokes
10/25/2012 6:00:00 PM

An economic winter may be ahead, and the best prepared households will have set aside sufficient cash or cash equivalents. It's true that actual greenbacks yield no interest, and cash equivalents earn next to nothing. Yet consider that the value of cash...
 

Filed Under: Bob Prechter, cash, conquer the crash, deflation, economic depression, Elliott wave, great depression, Interest Rates, safe banks, safe haven, U.S. dollar

Category: U.S. Economy


How to Protect Your Wealth from a Monetary Crisis
"The highest level of safety on the planet."

By Bob Stokes
9/21/2012 3:30:00 PM

In the second edition of Conquer the Crash, Robert Prechter wrote: "[The SafeWealth Group] has researched banks, insurance companies and debt issuers and isolated those that it believes have the highest level of safety on the planet. It has also identified wealth managers who focus primarily on protecting and preserving capital ..." Learn more about how to keep your assets safe...

Filed Under: conquer the crash, credit crisis, deflation, economic depression, Elliott wave, monetary policy, risk management, safe banks, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


World's 15 Biggest Banks Get Downgraded -- What This Means for "Safe Banks"
Another one of Robert Prechter's Conquer the Crash forecasts comes true

By Vadim Pokhlebkin
6/28/2012 6:00:00 PM

This seems like a good moment for those "safe-haven" banks to toot their horn a little, as it might just get them more business -- just as this quote from Ch. 19 of Robert Prechter's Conquer the Crash had predicted...

Filed Under: debt downgrade, deflation, diversification, Elliott wave, risk management, Robert Prechter, safe banks, safe haven

Category: Classic Prechter


U.S. Financial System: Is It Finally Stable?
Bernanke comments raise questions about banks

By Bob Stokes
4/20/2012 4:45:00 PM

Four years after we brushed up against "financial Armageddon," it appears our financial system is still not as stable as it needs to be. We believe that you should plan ahead for a run on bank deposits. Here's why...

Filed Under: banks, Ben Bernanke, cash, Club EWI, conquer the crash, credit crisis, Federal Deposit Insurance Corporation (FDIC), Robert Prechter, safe banks, safe haven, subprime lending, U.S. Federal Reserve (the Fed)

Category: U.S. Economy


How to Handle an Economic Implosion
There are ways to prepare for deflation

By Bob Stokes
4/10/2012 3:45:00 PM

You can't do much as an individual to solve the nation's debt and economic problems, yet you can prepare for a worsening economic downtrend. Do we see evidence for an economic turn for the worse? Well, the evidence is so overwhelming that...

Filed Under: conquer the crash, debt crisis, debt downgrade, deflation, economic depression, great depression, history, safe banks

Category: U.S. Economy


Preparing Your Finances for 2012
Looking ahead to a new year and planning for the future

By Hope Welborn
12/28/2011 2:15:00 PM

Now is a good time to look back over the past year and assess your finances. Do you have the information needed to make wise decisions in the next year? Prepare and take action now so that you'll be ready for what's ahead.

Filed Under: conquer the crash, deflation, economic depression, great depression, investment decisions, personal finance, Robert Prechter, recession, risk management, Robert Prechter, safe banks, safe haven

Category: U.S. Economy


What is Backing Your Deposits in the Bank?
Interview with Robert Prechter

By Alexandra Lienhard
12/7/2011 11:45:00 AM

Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and how you can keep your hard-earned money safe.

Filed Under: Robert Prechter, Club EWI, video, safe banks, interview

Category: U.S. Economy


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