- SurvivalBlog.com - https://survivalblog.com -

Economics and Investing:

Reader C.D.V. sent: New Fox, Same Henhouse: Wall Street Takes Over LIBOR [1]. This piece includes some interesting thoughts on derivatives: “A former trader who worked in both New York and London recently told me, ‘At the end of the day, this market is running on the [Federal Reserve]. Once they pull out it’s all over. Cheap money, loads of people making loads of money, but no lessons learned.'”

I noticed that Backwoods Home [2] magazine [2] now has a “pay for your subscription in pre-’65 silver coins” option. (We do likewise, for our voluntary Ten Cent Challenge [3] subscriptions.)

Similarly, Late’s diner offers 1964 prices to customers paying with silver coins [4]. (A hat tip to H.L. for the link.)

Items from The Economatrix:

Has The Landscape For Gold Changed Forever? [5]

Summer Retail Is A Bust, But Watch Out For Fall [6]

Gold Surge Bodes Ill For Economy [7]