Biography
Lorimer Wilson is the Editor of
MunKnee.com. He is a prolific writer, analyst and commentator on the economic, financial and investment environment with weekly postings on more than 20 sites around the world. His articles are unique, insightful, informative, instructive and well researched analyses of the economy and marketplace. Lorimer’s business career has been in marketing management, financial services, international business development and consulting and internet site development and marketing with some of Canada’s foremost companies and organizations. He lives in Toronto.
Countries differ greatly in the levels and pattern of wealth holdings…In this article…we highlight those of Canada, the United States, the United Kingdom and Australia.
October 25th, 2011 | Posted in Personal Finance | Read More »
by Lorimer Wilson There are two kinds of bad investment advisors: well-meaning advisors without the wherewithal to keep up with the science of the fast-evolving profession, and those whose main focus is not on managing their clients’ assets well, but on gathering assets under management in order to grow their own practices. How do [...]
October 24th, 2011 | Posted in Personal Finance | Read More »
Seasonality tells us that statistically the months from the end of October through the end of April are in fact the best months of the year for investing while the six months from May through October are the worst but is there any validity to what’s sometimes known as “the Halloween indicator?
October 24th, 2011 | Posted in Economy,Investing & Finance | Read More »
When someone points to the Fed, the U.S. government and its “central planning” or “money printing” as the primary cause of the surge in the price of gold and justification of their USA hyperinflation theory, you might do them a favor and let them know that they’re right about the flaws of central planning and excessive money printing but that they’re focusing on the wrong central bank.
August 26th, 2011 | Posted in Economics & Markets,Economy | Read More »
We are at the beginning of a major shift out of paper assets into real assets [and] those that are starting to come to this revelation have no real understanding what they are doing when they are buying gold.
August 26th, 2011 | Posted in Economy,Investing & Finance | Read More »
The reasons keep piling up to turn bearish and pile into safer investments. Here are 5 reasons showing that investors need to be on the watch for…tsunami type waves ahead.
August 25th, 2011 | Posted in Economy,Investing & Finance | Read More »
Some physical gold, silver, platinum and palladium bullion assets, in addition to traditional paper assets, can be part of your Individual Retirement Account (IRA) or Roth account and they can be bought and sold with no tax consequence until you move money out of the account.
August 25th, 2011 | Posted in Personal Finance | Read More »
The United States is now so far in debt, it will never be able to pay it off, that is, without hyper-inflation.
August 25th, 2011 | Posted in Economy,Investing & Finance | Read More »
The mainstream media and our politicians are not telling us the truth. We are being told that we just need to accept our lower standard of living and most Americans seem willing to accept that reality because they keep sending most of the exact same bozos back to Washington D.C
August 12th, 2011 | Posted in Economy | Read More »
The debt ceiling deal agreement is only going to exacerbate America’s financial and economic woes and accelerate the demise of the U.S. Dollar Standard which is inherently flawed and increasingly unstable.
August 9th, 2011 | Posted in Economics & Markets,Economy | Read More »
Why I Put Almost All My Eggs Into Precious Metals “I have put almost all of my eggs in one basket – precious metals, energy and agriculture - with the bulk being in precious metals. These are diversified only in that they span bullion, geography and the range of very large to the very early stage junior [...]
April 24th, 2011 | Posted in Living,Personal Finance | Read More »
We Americans have enjoyed an incredibly wonderful standard of living over the past three decades with most of us believing that it was because we are the world’s wealthiest, most prosperous nation with economic and financial systems that are second to none – but that is not even close to accurate.
April 24th, 2011 | Posted in Legislation,Politics | Read More »
The economic condition of the country continues to decline toward its rendezvous with an, as yet, unknowable catastrophe. Here is… a look (not a prediction) at a series of not improbable events that could develop [and which] would change our economic world overnight. Words: 1550 So says Monty Pelerin (pseudonym) at www.EconomicNoise.com in an article* reformatted and edited [...] below [...]
April 24th, 2011 | Posted in Government,Politics | Read More »
In this missive I present a set of principles that have always guided sensible investment that, together, form what I call The Seven Immutable Laws of Investing. [Incidentally, immutable means "not subject or susceptible to change or variation in form or quality or nature."] I hope they help you to avoid some of the worst mistakes, which, when [...]
April 21st, 2011 | Posted in Living,Personal Finance | Read More »
In a bid to streamline business and tourist transactions, eleven U.S. border states are set to adopt the Canadian dollar as their official currency [effective, July 4th, 2011. Read on for more details.] So reports Sympatico.ca in a story* which Lorimer Wilson, editor of www.munKNEE.com, has further edited ([ ]), abridged (…) and reformatted below for the sake of [...]
April 21st, 2011 | Posted in Humor,Living | Read More »
2012 is shaping up to be the blockbuster main event of the ongoing financial crisis. Massive amounts of new debt, vast quantities of additional digital dollars and the spark of higher interest rates will set off version 2.0 of the credit-driven financial implosion. Let me explain. So says Arnold Bock(www.FinancialArticleSummariesToday.com) in an article which Lorimer Wilson, editor [...]
April 21st, 2011 | Posted in Government,Politics | Read More »
In spite of the spending cuts secured in last week’s last-minute budget deal… we are headed for a 50-square-mile iceberg and have just turned the wheel an inch - probably less… [After all,] the $38 billion in cuts represent less than the $54 billion in new debt the U.S. racked up in just the previous week, [...]
April 21st, 2011 | Posted in Government,Politics | Read More »
Housing is likely to be one of your biggest retirement expenses. One way to approach your search for the ideal overseas retirement haven is to focus on retire-overseas choices where housing is cheap. [Below I present five such places for your consideration. So says Kathleen Peddicord in an article* which Lorimer Wilson, editor of www.munKNEE.com, [...]
April 21st, 2011 | Posted in Living,Personal Finance | Read More »
The demise of America is on borrowed time and the end game could be dire unless YOU do something about it. Congress is a tool of special interests not OURS! As such, WE, as citizens, must become proactive if WE are to protect OUR financial future – by solving the Washington debt and tyranny problems [...]
September 15th, 2010 | Posted in Politics | Read More »
While most Western countries have serious debt problems none of them has a fiscal crisis as bad as that of the United States. In spite of that, however, the U.S. corporate-controlled media has been obsessively shining the spotlight on the so-called “PIGS” of Europe rather than on the staggering financial crises facing America. If that weren’t bad enough, it has become impossible to trust the few economic statistics that are “fed” us. Words: 1136
September 7th, 2010 | Posted in Economy,Investing & Finance | Read More »
Mass or anonymous mailings of gifts to our troops are controlled by the authorities but there still are many ways for you to show your appreciation and support for the efforts and sacrifice of our troops fighting for freedom or preserving peace around the world. Read here of specific things you can do and then share the list with your friends and neigbors and your local newspaper too! Words: 423
September 7th, 2010 | Posted in Military,Support the Troops | Read More »
The housing crash is still in process and here are 10 reasons why it is still a terrible time to buy. Words: 1670 So says Patrick Killelea (http://patrick.net/housing/crash.html). Lorimer Wilson, editor of www.munKNEE.com, presents below further edited [..] excerpts from the original article* for the sake of clarity and brevity to ensure a fast and [...]
September 5th, 2010 | Posted in Living,Personal Finance | Read More »
Look, if you’re absolutely stuck right now, then you’ve got to do what’s necessary but, in my opinion, you should avoid 401(k) hardship withdrawals at all costs … and think long and hard before you consider borrowing against your future retirement. With so many people nearing retirement already grossly underfunded [such actions are] going to prove catastrophic down the line. Words: 1043
September 4th, 2010 | Posted in Living,Personal Finance | Read More »
The U.S. debt crisis represents a unique, unparalleled, and unimaginable convergence of circumstances yet, despite the utter gravity of our plight, nothing is being done to change our course. Washington must either muster the courage — and the support of the people — to accept the pain and make the sacrifices of a lifetime … or face the downfall of America. Words: 938
September 4th, 2010 | Posted in Economy,Personal Finance | Read More »
The numbers don’t lie, and statistic after statistic shows that the economic fundamentals continue to get progressively worse… and anyone who claims that things are getting “better” is either ignorant, completely deluded or is purposely lying. The U.S. economy is not getting “better”. The U.S. economy is dying! Words: 970
September 3rd, 2010 | Posted in Economy | Read More »
The coming months hold the potential to be the most exciting of the year so far,” a team including Steve Hochberg and Peter Kendall wrote in their latest Global Market Perspective report. “Once the neckline is breached, the measured move for the selloff targets the area surrounding 8,000 [for the DJIA]. Words: 493
September 3rd, 2010 | Posted in Living,Personal Finance | Read More »
A confirmed Hindenburg Omen has occurred prior to every major stock market crash since 1987. In other words, if [we encounter] another Hindenburg Omen [by the end of September], it may be time to head for the hills – if you already haven’t. Words: 836
September 3rd, 2010 | Posted in Living,Personal Finance | Read More »
Stay open minded and think dynamically going forward which means not accepting the status quo, not accepting mass hysteria, not following old models and old economic rules, and using “uncommon wisdom”. Period. That will be the only true way to both psychologically and financially survive not just the next few months, but also the next few years. Words: 949
September 3rd, 2010 | Posted in Living,Personal Finance | Read More »
Voices are clamoring for another stimulus package but… Congress is paralyzed… and the President does not have the political – or financial – capital to make it happen. Words: 1950
September 3rd, 2010 | Posted in Living,Personal Finance | Read More »
The Obama administration is “taking the first steps to confiscate retirement dollars,” according to Dr. Jerome Corsi who predicts that the end result will be retirees with 401(k) plans holding near-worthless government debt “that will be paid off in a devalued currency worth … pennies on the dollar.” Words: 810
September 3rd, 2010 | Posted in Living,Personal Finance | Read More »
FACEBOOK
TWITTER
