In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers.
Economics & Investing Links of Interest
- First the penny, now the nickel: Congress moves closer to making big changes with the money in your pocket. JWR’s Comment: Consider this your last chance to acquire un-debased nickels in bulk, at face value.
- Jamie Forbes: Is the Housing Market Going to Crash?
- US national debt hits $40 trillion, rising by $90,000 per second. JWR’s Comment: At this late stage, the only escapes from this enormous mountain of debt will be via debt repudiation or hyperinflation. Either method would be disastrous to the economy, equities, personal savings, the Dollar as a currency unit, and the the global credit-worthiness of the U.S. Treasury.
- US Government Sold $742 Billion of Treasury Securities this Week. 30-Year Treasury Auction Yield Highest since 2001, 10-Year Auction Yield Highest since 2007.
- The spot prices of silver and gold are rallying again. After some solid Asian buying, on Monday morning (August 24th),silver was selling for $70.25 per Troy ounce, and gold was at $4,695.39. I’m still buying on the dip days, and you should, too! – JWR
- Jameson Lopp spells out why you now cannot trust anything but an air-gapped hardware crypto wallet: The rise of the machines.
- Brett Arends: The bond market is going to burst the stock-market bubble.
- An article suggested by D.S.V.: ‘Trickflation’ sells less food at a higher price in containers that look bigger.
- Dollar Risks Becoming Biggest Loser From Bessent’s Bond Buying.
- The $40 Trillion National Debt in Perspective.
- China Sentences Evergrande Founder To Life In Prison.
Economics & Investing Media Tips:
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