  Thank you very much for visiting my website. I'm Jim Richter, a husband, father, and an American. I was blessed to have been born , raised, and educated in the United States of America, a country which was once the envy of the world. I'm 57 years old. People my age and older can recall a time when the phrase "sound as a dollar" referred to the strength and honesty of America's money. Unfortunately, much of the world's admiration for us is gone. More importantly, our sound dollar is LONG GONE. It has lost more than 40% of its value since 2000.My world changed in 2000. The stock markets crashed. My portfolio took a beating. So did my daughter's college fund. Like most Americans, I had been so busy working and coping with daily life that I was basically "flying blind" as far as my investments were concerned. I made a vow that this would never again be the case. I began an intellectual journey which has resulted in this website. I realized that most Americans aren't stupid when it comes to money and investing. They're just tired when they get home from work, so they don't have the time or energy to learn how the economy really works. Americans hear the script readers on CNBC saying that inflation is not a problem. Then they go to the grocery store and the gas station. Anyone who buys food or gasoline knows that inflation is a serious problem today. My journey has led me to the most brilliant thinkers who have contemplated economics and the human condition. Frederic Bastiat, Ludwig von Mises, Friedrich Hayek, and many more. Most Americans have never heard of them. I want you to know about them, and I'll be writing about them in this newsletter. They are some of the greatest champions of freedom the world has ever known. Nothing that is happening these days would surprise any of these geniuses, yet it surprises the financial media. Every day brings a headline about a bank writing off billions. Every day, the dollar becomes worth less than yesterday, all due to an intentional policy of money creation by the Federal Reserve Bank and our banking system. In the face of all this, how does an ordinary person like you or me protect his or her hard-earned money? I know that I don't have all the answers, but I think I might have a few. That's the whole reason for this website and this newsletter. Jim Richter |
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 1) Get completely out of debt. If this is not possible, let your mortgage be your only debt. DEBT IS SERVITUDE! Imagine what you could do if you did not owe anything to anyone! 2) Save US dollars until you have at least 3 to 6 months' worth of living expenses. Though I am "bearish" on the dollar, our government requires us to pay everything with dollars, including taxes. You need to have enough US dollars to pay your bills. 3) Buy as much gold and silver as you can. No excuses! Gold and silver are not just for rich people. Anyone can afford one ounce of silver, recently trading for over $18.00 per ounce. Gold has traded for over $1,150.00 per ounce recently. However, you can buy 1/10 ounce gold coins if you can't afford to buy an ounce. If you buy a little silver and gold every month, it adds up! Just "dollar cost average" into owning precious metals and watch your net worth increase! 4) After you have gotten out of debt, saved an emergency fund, and bought some physical gold and silver, consider putting your money into some other types of investments like mining stocks and energy stocks. Since 2000, we have been in a bull market for precious metals and commodities. It might even be the greatest bull market ever for those investments. A lot of people still don't realize what is happening. Get on the bull and don't let the bull shake you off! |