Category: Economics & Investing

Budget Planning- Part 3, by Sarah Latimer

Goals and Self Discipline Before we jump into the section on budget expenses, I want to emphasize the importance of self discipline and getting a handle on what money should be used for. I realize I have spent a lot of time writing about money already, but to properly utilize and manage our money requires the proper perspective of what it is, whose it is, and how we are to view it. Getting a handle on it is just as much about this intellectual understanding and psychological perspective as knowing how it is being utilized and making concerted choices about …


Economics and Investing:

Austrian Economics and the Entrepreneur o o o China Is Planning To Shock The World By Pushing The Price Of Gold Over $10,000 o o o Yellen’s Great Interest Rates Game o o o Taking the Measure of Britain’s New Normal. The betting is that Brexit will tip the economy into recession. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

370 employees losing jobs as Progresso plans on closing soup factory – DSV o o o Shale Drilling Set To Take Off In Argentina o o o Goldman Sachs Raising Private-Equity Fund of $5 Billion to $8 Billion o o o Fracklog in the Biggest U.S. Oil Field May All But Disappear o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Video: Danger – Divergence Greatest On Record – Mike Maloney (Quoting David Stockman and pointing to charts, Mike shows how the markets are being pumped up to record highs by the central banks with artificial liquidity.) o o o 19.4 Trillion Dollars In Debt – We Have Added 1.1 Trillion Dollars A Year To The National Debt Under Obama – B.B. o o o Are Americans Finally Getting Smarter About Money? o o o Britain’s Minimum Wage Short-Changes Young Workers o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for …


Economics and Investing:

Commerce Dept says large washing machines from China dumped in the U.S. Excerpt: “Whirlpool had alleged that the machines were being sold in the United States at prices below production costs. Samsung and LG will be required to pay cash deposits on washing machines imported from their production facilities in China following the ruling, Whirlpool said in a statement.” o o o The Long-Term Outlook For Silver Is Very Positive o o o Negative Rates: We’re Gonna Need a Bigger Vault o o o “These are the danger signals and they are flashing now.” o o o SurvivalBlog and its …


Economics and Investing:

Don’t Reform the Fed: Exit the Fed o o o Something Big Happened In The Gold Market o o o Gold Price Forecast: Long-Term Pattern Targets $2,700 o o o Why the Fed Can’t and Shouldn’t Raise Interest Rates. The Federal Reserve may be working within a basic policy strategy that may be fundamentally flawed. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

The financial system is breaking down at an unimaginable pace – From $0 two years ago to $13 trillion in negative yield government bonds. – G.P. o o o Oil Prices Fall on Product Glut o o o EU Said to Eye ‘Nuclear Option’ to Force May’s Hand on Exit o o o Ireland Hits Brexit Alarm in Biggest Foreign Crisis in 50 Years o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

White House: Budget deficit to rise to $600B – An increase of $162 Billion over last year’s tally. – G.G. o o o Oil prices little changed as market shrugs off Turkey coup bid o o o Buy Gold To Hedge Dollar Debasement o o o Video: Bank of England Signals August Stimulus as Rate Kept at 0.5% o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Budget Planning- Part 2, by Sarah Latimer

I recently heard of some people praying against the spirit of indebtedness. I thought to myself that all they need to do is resist the temptation to over-spend. It is not a spirit or Satan that causes anyone to go into debt. It is merely a desire for and purchase of things for which a person does not have the ability to pay. We have the choice to buy what we want or to walk away and make do with what we have. Those of us who either have or currently are struggling with indebtedness have made the choice to …


Economics and Investing:

Critical Silver Turning Point & U.S. Economic Crisis From Collapse Of Shale Energy o o o The Sub-Zero Club: Getting Used to the Upside-Down World Economy – In the new reality of negative rates, borrowers get paid and savers get penalized. o o o What has gone wrong in Venezuela? – R.T. o o o Ireland’s Bogus 26% GDP Boost o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Gold Prices: Explaining The 6-Month Gold Cycle o o o USDA and Agribusiness Cartel Plot to Destroy a Small Business o o o Video: Bernanke Floated Japan Perpetual Debt Idea to Abe Aide Honda o o o U.K.’s New Brexit Czar Sees December 2018 as Likely Leaving Date o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

The Fundamental Reason The Silver Price Will Explode Much Higher Than Gold o o o Venezuela’s Oil Production Plunges To 13-Year Low. Venezuela’s oil production fell to a 13-year low in June as the economic crisis continues to eat into the nation’s only source of export revenue, and there are no signs of a rebound. o o o Helicopter Money——The Biggest Fed Power Grab Yet o o o Japan, Helicopter Money, Cold Fusion And The Disastrous Endgame o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Germany becomes second G7 nation to issue 10-year bond with negative yield – G.G. o o o Video: Fed’s Undercover Bailout of Biggest Banks – Mike Maloney – A.S. o o o A New Set of Crises for the EU o o o Gold Prices: Headed Higher Into Late Summer o o o In 30 Years, U.S. Will Have Highest Debt-To-GDP Ratio In Our History—141% o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Some disturbing figures about the upcoming banking crisis o o o The Wisdom of a Former Marine o o o In Europe, Workers Use Minimum Wage Laws to Exclude their Competition o o o Ignore Pullbacks As Top Analyst Says Gold To Hit New All-Time Highs o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Letter Re: Digital Currency Weapons and Intel Tools

Hello, I have recently been doing a bit of research for my Payroll and Accounting class, and part of that led me to a 2007 Kansas law that allowed employers to select the form of payment to employees. These include things you might expect, like cash, direct deposit, checks, and more interestingly for me payroll debit cards. The payroll debit cards led to further research I thought worth sharing and somewhat related. To be clear, I fully support a laissez-faire approach to private business, but the digital trend may be worth looking at. First, governments around the world are keenly …