Author: Hugh James Latimer

Sent in by G.P. – Fed Official Says Gold Standard Touted By Cruz Is ‘Unworkable’ “Doesn’t provide stability” is the answer given. I can sort of see that too. To just map the current money supply onto physical gold would push the price of physical gold into astronomical numbers simply because of all the free printing that has gone on in the last 30 years. o o o How Many More Recession Confirmations Do You Need? Yep. Every time I buy groceries, I am reminded that this is not a recovery. Sent in by J.Q. o o o Items from …

Hugh, Another reason for just underpaying your taxes is the increasing amount of tax fraud from people who will file a return as if they are you and claim your refund. What they never do is file for you and pay the small amount due. – C. C. S. o o o Hugh, It’s never, ever good to respond in a fit of anger. So, now that I’m calm, let me quote your letter writer in part: “If one must have a (pretend) “windfall” in April because of one’s lack of discipline or psychological needs…” Hey fella, the tax refund …

Americans are buying tons of gold – Sent in by G.G. o o o Macy’S Imploding, Catching Down To Sears & Penney’s – Sent in by RBS (Warning: Some foul language) o o o Items from Professor Preponomics: Why Did the EPA Spend $1.4M on Guns? (The Daily Signal) What Copper Prices Say About the World Economy (Market Watch) The Legendary American Consumer is Out of Cash in these Cities (Zero Hedge) China’s Economy isn’t Responding (Business Insider) Macy’s Cuts Full Year Forecast (Reuters) When the Government “Accidentally” Pays Too Much, Everyone Pays (Waste Fraud and Abuse) It’s a Bloodbath: …

In his recent article, My Experiences And Lessons Learned As A Suburban Prepper – Part 2, by CGman, the author states: “Depending on my tax refund this year…” Many people look forward to getting a tax refund from the government, seemingly because they regard this as “found money.” It is not; any refund on taxes paid is money you loaned the government tax free and have not had the use of some of it for as long as the full tax year. I recognize there are those among us who lack sufficient self-discipline to manage their finances, or who do …

It’s not just the young men in America who are living with their parents: Record share of young U.S. women living with relatives – Sent in by G.G. o o o SurvivalBlog reader R.V. wrote in to ensure the readers saw the third paragraph in the E&I article yesterday on “Banking Giants Learn Cost…” “Under the rule for total loss-absorbing capacity, or TLAC, most systemically important banks must have liabilities and instruments ‘readily available for bail in’ equivalent to at least 16 percent of risk-weighted assets in 2019, rising to 18 percent in 2022, the FSB said on Monday.” Remember …