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.
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.
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 …
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.
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.
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.
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.
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.
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 …
Silver Prices – What Next? “Silver spiked to 19 times above its exponential trend in 1980 during the silver bubble. Silver crashed to 30% of its trend in 2001, and 40% of its trend in late 2015, and the April 2011 high was less than two times its exponential trend.” o o o CONDITION RED: Important Silver Threshold Line Broken… What Next?? – RBS o o o The Lessons of the 1920–21 Depression o o o Financial stability should not become Fed’s third mandate: Mester o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please …
Brexit Shows Why Central Planning Won’t Work o o o Ex-Barclays traders sentenced to up to six-and-a-half years for Libor rigging. Excerpt: “The sentences come four years after Barclays became the first of 11 powerful banks and brokerages to be slapped with a hefty fine for their role in the rate fixing scandal, sparking a political backlash that forced out former CEO Bob Diamond, an overhaul of Libor rules and the criminal inquiry.” o o o An economic riddle: Where are all the construction workers? o o o DANGER: The World Is Now On The Verge Of The Largest Destruction …
Let me start off by saying that I am not a Certified Public Accountant, lawyer, stock broker, licensed financial planner, or banker. I have no licenses or certificates that enable me to give special advice or guidance regarding your finances. I am also not an ordained minister, though I have attended seminary. What I am writing below comes from personal experience combined with a business degree and both business and home management experience along with my understanding of the Word given to us from YHWH– the God of Abraham, Isaac, and Jacob. (I believe it is necessary in these days …
A staggering percentage of Americans are too poor to shop – G.G. o o o Inflation – Deflation o o o Here We Go Again: An August 2007 Redux o o o Is The BIS Setting Up The World For Another Meltdown? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
We live in a world where almost everything happens rapidly and often by remote. Books and movies are downloaded from the Internet for instant entertainment. We travel freely and quickly around the world. Things like automatic dishwashers and laundry machines aren’t even remarkable anymore. And everywhere we go, in person or online, we are enticed to spend money freely, without thought of tomorrow. Being a prepper, however, means that we are thinking ahead to what might happen tomorrow, or next month or year, and getting ready for those possibilities. How does that affect our financial strategies? Colonel Jeff Cooper was …
The Disastrous Dollar Standard o o o Big Banks Can Restrict Public Access to Gold. But It’s a Card They Could Only Play Once – and a major Swedish bank might have just tried to play that card. – G.G. o o o Oil products fill storage tanks and cast doubt over crude demand o o o What Happens When The DOW Index Drops And The DOW/Gold Ratio Climbs o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
