Category: Economics & Investing

Big slowdown coming in auto manufacturers? About Those Record Auto Sales: Let’s Communicate! – P.S. o o o The World’s Largest Shipping Company Is Already Preparing For The Next Oil Crash o o o It finally happened: 500 euro notes will no longer be produced – DSV o o o The Historic Dow Jones-Silver Ratio Points To $300 Silver o o o Rail Traffic Depression: 292 Union Pacific Engines Are Sitting In The Arizona Desert Doing Nothing o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Every Time This Has Happened, A Recession Followed o o o New banking normal where lending $2 increases GDP by $1: US bank credit up 44 percent since 2008 while GDP up 21 percent. o o o Items from Professor Preponomics: US News Inflation as a Policy (Mises) Excerpt: “…the more evident the evil consequences of inflation became, the more rabid became the demands for still more inflation to cure them.” Investors Look for Signs of Future Fed Action (Financial Times) Excerpt: “You don’t get the sense going into this [meeting] that there is a solid consensus,” Ms Swonk said. …

It’s High Time To Worry About The U.S. Economy o o o China’s banking regulator moves to contain off-balance sheet risk. Excerpt: “Authorities are tightening scrutiny of the lenders as the growing use of complex financial structures has raised concerns that bad lending and credit risks can be concealed.” o o o ECB blames you for negative interest rates o o o Banks Quickly Abolishing Your Ability to Use & Store Cash – Sent in by DSV o o o Social Security: Why Congress is messing with your benefits – Many are being forced to take their benefits sooner and …

Video: Gold COT’s and Sentiment Levels – “Traders you don’t have to chase, you will get a better opportunity. Traders already long should trail a stop. Old Turkey’s just ignore the market for the next 4-5 years” o o o Puerto Rico Default Bruises Dollar, Boosts Gold o o o In 6 Months Since Budget Deal: Debt Up More Than $1 Trillion – Submitted by B.B. o o o Silver & Gold Rally Led By China As They Take Over Pricing o o o Another Sign That Wall Street Doesn’t Believe The Rally o o o SurvivalBlog and its editors …

GNC planning to sell off more than 1,000 stores – Sent in by RBS. o o o Ron Paul Asks “What Did Fed Chairman Yellen Tell Obama?” – Of course there is no official documentation or minutes of the meeting. – M.B. o o o Lets Stop Pretending Nuclear Power Is Commercially Viable o o o Workers unearth large trove of Roman coins at Spanish park – The timeline is during the fall of the Roman Empire. The Seville Archaeological Museum said the construction workers came across 19 amphoras containing thousands of bronze and silver-coated coins dating from the end …

Deutsche Bank Unveils The Next Step: “QE Has Run Its Course, It’s Time To Tax Wealth” – G.G. o o o The Two Income Trap has only gotten worse: America has become a dual-income nation since one income isn’t enough to maintain a household. – D.B. o o o Items from Professor Preponomics: US News Are Members of Congress Becoming Telemarketers? (60 Minutes/CBS) Excerpt: “And your job, new member of Congress, is to raise $18,000 a day. Your first responsibility is to make sure you hit $18,000 a day. Crony Capitalism and the Rigged System: 0.01% of Households Gave 33% …

SILVER & SILVER STOCKS: Top Performing Assets In 2016 o o o Lies, Lies And Omg, More Lies. The government continues to report absurdly low rates of inflation, making their economic polices look good. The truth is considerably different. o o o The latest from Brandon Smith: One More Casualty Of The 9/11 Farce – The Petrodollar o o o 1% savings, 2% 5 year cd,low but better than others…GS Bank – Sent in by P.M. o o o IRS Can Track Your Cell Phone, but Leaves Billions in Taxes Uncollected – Submitted by B.B. o o o SurvivalBlog and …

America’s Pension Problem – A story of two ants. o o o China Is Hoarding Crude At The Fastest Pace On Record o o o Apple reports first revenue decline in 13 years – Sent in by RBS o o o Costco likely to raise annual membership fee – They still rate higher than their rivals, but they are obviously feeling the squeeze of this non-recession recession. They did, however, leave the door open to not raising the fees if they need to avoid it due to the competition. o o o Dollar Stores Defy Retail Headwinds – In the …

Items from Mr. Econocobas: What Americans Spent The Most Money On In Q1 U.S. Economy Slows, with GDP Growing 0.5% in First Quarter This Is Where America’s Runaway Inflation Is Hiding Video: Greg Hunter USA Watchdog – Bill Holter-Without Price Suppression Gold Would be $5,000 to $10,000 Video: Greg Hunter USA Watchdog – Gregory Mannarino-We Are Living In an Environment Where Nothing Is Real Items from Professor Preponomics: US News United Healthcare Cries Uncle (Citizens Against Government Waste) Excerpt: “More than half of the non-profit Obamacare-created CO-OPs have collapsed, wasting billions of tax dollars. It’s predicted that most will eventually …

The Real Reason To Invest In Silver… It’s The Fundamentals o o o Video: The Shocking Rail Data That Screams Recession Is HERE – Sent in by P.M.e o o o Fed Statement Could Offer Clues Toward June Rate Decision (Note: You’ll need to sign in or subscribe to read this one.) o o o Yellen Scope for Summer Rate Hike Widens as ECB Signals Hold – Excerpt: “Investors see zero probability the Federal Open Market Committee will hike at its April 26-27 meeting and only about 20 percent chance of a move at its gathering in June, eight days …

Unions’ $15 Minimum Wage About-Face – Sent in by B.B. Note: The link will require that you either have an account or have ad-blocker disabled. o o o The lack of inventory in housing: 5.9 percent fewer homes for sale in the U.S. than there were a year ago. You also have flippers asking for ridiculous prices on homes the size of closets. All this brings back memories of 2006 and 2007. o o o No One Works in 1 in 5 U.S. Families – G.G. Excerpt: “There were 81,410,000 families in the United States in 2015. Of those, there …

Why I Believe the American Dream Just Died. – Sent in by G.G. – Excerpt: “My breaking point came yesterday, upon reading a Legg Mason survey of affluent investors, which Legg Mason defined as individuals with more than $200,000 in investment assets. It found that 55% of those surveyed believe that the American Dream no longer remains within reach, with only 23% “strongly agreeing” that they are living proof of its existence.” o o o U.S. stocks fall on oil, earnings; dollar retreats. o o o Dangerous Divergence. The Fed’s policy of “Save a Wall Street Banker” is beginning to …

Sears, Kmart closing 78 more stores in bid to restore profitability – Go ahead, and don’t let the town/city door knob that once supported your operations hit you in the rear on your way out of there. Perhaps the other insult is how this firm manipulates its “CLOSEOUT” liquidation process…further jabbing the last dollar out of the already suffering local community. – RBS o o o Obama Boasts In Britain: I Saved The World Economy As President – I think I just threw up in my mouth a little. – B.B. o o o Items from Professor Preponomics: US News …

Continued Financial Market Deterioration Impacts Gold Eagle Sales In A Big Way – Excerpt: “While some of individuals believe that the Fed and U.S. Government will continue rigging the markets for the next decade or more, I believe we will witness a financial dislocation or black swan event within the next year.” o o o Pension Cuts – Excerpt: “The Washington Post reports that the Treasury Department is on the verge of approving an application from the Central States Pension Fund – a plan that covers Teamster truckers in several states – to cut worker pensions by an average of …