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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

Inflation Deniers Are Foolishly Emboldened by Gold’s Struggles

By Clint Siegner

The vultures are circling. Precious metals bulls, laid flat by gold and silver prices dropping for the fifth week in a row, are watching deflationists such as Harry Dent and the financial media squawk about the imminent demise of precious ...

Continue reading Inflation Deniers Are Foolishly Emboldened by Gold’s Struggles

August 2, 2015

An Example of How Saving In Cash Erodes Your Long Term Purchasing Power

By Len Penzo

The trouble with holding long-term savings in cash is that the purchasing power of the U.S. dollar decreases every year because the federal government continually spends more than it earns. Unfortunately, the erosion of the dollar's purchasing ...

Continue reading An Example of How Saving In Cash Erodes Your Long Term Purchasing Power

March 31, 2015

An Urgent Savings Recommendation

By Len Penzo

If I had a nickel for every time somebody has dropped me an email and asked me when our financial system is finally going to go belly up, I'd have about 85 cents right now. The truth is, if you look back, I never make actual predictions in my Black ...

Continue reading An Urgent Savings Recommendation

March 7, 2015

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