Category: Economics & Investing

Economics and Investing:

What Is Causing The Surge In The Price Of Silver? o o o Those not in the labor force grew by 25,000,000 people from 2000 to 2016: During this same period those employed grew by 15 million and those unemployed grew by 6 million. o o o Life after Brexit: What’s Next for the UK? o o o Will Iran Scare Away Big Oil Once Again? – Big oil faces a serious setback as one of Iran’s most influential oil executives has called for a comeback of the old buyback contract o o o SurvivalBlog and its editors are not …


June in Precious Metals, by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainseville Coins where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in June? Gold started the month at $1,212.70 an ounce and ended June at $1,321.70 an ounce, for a gain of $109.00. The worst payroll report in years and the Brexit vote were the main factors in favor of gold. Silver was the big winner in June. It handily beat gold, …


Economics and Investing:

Pound Tumbles to 31-Year Low as Brexit Starts to Inflict Damage o o o Silver Price: Independence Day Breakout o o o It’S Not The Brexit Stupid o o o Bad Debt Piled in Italian Banks Looms as Next Crisis o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

In Gold We Trust Report 2016 (Gold Eagle) o o o Commercial Short Positions In Gold & Silver Hit All-Time Record! (King World News) o o o Elizabeth Warren Turns a Blind Eye to the Central Bank (Mises Institute) o o o Brussels Looks to Expand Into Middle East and Africa – UKIP MP: ‘EU Wants an Empire’ – H.L. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Retailers are closing faster than you think (NYPost) – G.G. o o o WATCH OUT If Silver Breaks Through This Threshold Next Week (SRSrocco Report) o o o Fed Fails to See No Pent-Up Demand Is Left (Real Money) What is amazing is the government and the sheeple think this is a good idea. Gold is the safe haven as the article says. – R.H. o o o US economy is like Botox, looks fine only on the outside (RT) – T.P. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos …


Economics and Investing:

CNBC interview (video): The European Union is ‘doomed to fail,’ says ‘Black Swan’ author Nassim Taleb o o o From the Of Two Minds blog of the always incisive Charles Hugh Smith: Brexit, the E.U. and the “Special Relationship” of the U.S./U.K. o o o I missed this well-reasoned piece by Gary Christenson when it was posted back on March 21st: Silver – A Long-Term Perspective o o o For those considering investing in guns, here is a good intro: Garry James’ Rules for Buying Collectible Guns o o o And here is is much more detailed article, by Mike …


Making a Living in the Hinterboonies

One of the great quandaries faced by many American preppers is that their desire to move to a lightly-populated rural region is usually not consistent with the ability to earn a good living. Let’s face it: The job opportunities in the Hinterboonies are scarce. Unless you are retired, self-employed, or you are in a high-demand profession (such as medicine or dentistry), then it might be difficult to have the same standard of living that you’ve enjoyed in an urban or suburban community. Part of the following repeats what I wrote in SurvivalBlog back in 2009 about the sorts of jobs …


Economics & Investing:

The Trajectory of Venezuelan Hyperinflation Looks Familiar… o o o Puerto Rico Faces Record Default: A Look at the Bonds Due ($2 billion is coming due!) o o o At The Sovereign Investor:  Another Market Meltdown? o o o ‘The end is coming,’ says Ron Paul o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Letter Re: Pre-1965 90% Silver Coins are the Best Defense Against Counterfeits

James, That was an excellent letter sent recently by “The Silver Bull” (Pre-1965 90% Silver Coins are the Best Defense Against Counterfeits).  Regarding his suggestion of  pre-1965 “junk” 90% silver coins,  I’d like to ask  a question: Are the 1 Troy ounce U.S. Mint American Eagles purchased from dealers considered suspect for counterfeiting? I know that are when purchased through eBay. There is some good counterfeit-spotting tutorials available on YouTube. I appreciate what he is saying. By the way,, my favorite precious metals remain quality brass, lead, and copper in 5.56 and 7.62. Thanks for all you do. – RetiredPara …


Economics and Investing:

Will Gold Crash With The Dow…Or Soar? o o o Faber Says Own Gold, Prepare for QE4 as Easing Follows Brexit o o o BBC: Pound falls as Bank of England hints at fresh stimulus measures o o o Gary Tanashian: A Path Toward Inflation o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.



Economics and Investing:

Both Mr. Econocobas and blog reader D.S. pointed me to this revelatory piece over at Zero Hedge: Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard o o o Some market analysis from Hubert Moolman in South Africa: Major Debt and Dow Collapse Will Set Ideal Conditions For Silver o o o British pound could hit history-making dollar parity by end of 2016 o o o Jim Rogers on Brexit: ‘Worse than any bear market you’ve seen in your lifetime’ o o o Gold is sending a dark sign that ‘almost everything has changed’ in the …


Economics and Investing:

Deb B. wrote to mention this useful data from Kiplinger’s for anyone considering relocating: State-by-State Guide to Taxes on Retirees o o o G.G. flagged this piece by Michael Pento:  The next recession is already here—and there isn’t much the Fed can do o o o From The Drudge Report: Shares in Barclays, RBS and building firms suspended as Brexit sends prices plunging o o o Hoarding Cash in Vaults Seen More Attractive After Brexit Vote o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Letter: Pre-1965 90% Silver Coins are the Best Defense Against Counterfeits

Dear Editor: Those buying  silver and gold coins and bars need to be aware. I work in the industry at a well known coin shop in the mid-west. Time after time…week after week customers try to sell us fake items that they purchased from eBay, pawn shops, Craigslist, and elsewhere. It has become a bigger issue over the the last year and especially so in the last few months. When purchasing coins and bullion from customers we use our scales to make sure items are of proper weight, we use our calipers to check diameters, and we have the benefit of …


Economics and Investing:

Over at Zero Hedge: Will Brexit Give the U.S. Negative Interest Rates? o o o Over at The Daily Bell:  Brexit Vote Is Great News for Britain, but Difficult Times Ahead o o o Gold Summer Doldrums Risk o o o UK’s departure makes EU disintegration ‘irreversible’: Soros o o o 15 Euro Stocks That Lost Over 10% to 25% After Brexit Shock o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.