Category: Economics & Investing

Too **** broke to afford a house: Americans are largely missing out on home equity gains and there is little they can do about it. “The bailouts have helped boost the bottom line of those that setup the crisis in the first place. And here we go again: they would rather Americans be in debt with auto, student, and credit card debt instead of building up some equity in housing. This is the direct result of the Fed’s low rate policy. Who are they looking out for?” o o o Confused about how the Brexit vote stacks up? The Absurdly …

Foreign selling of U.S. Treasuries in April was most since 1978: data o o o The Ongoing Intellectual Love Affair With The Myth Of The Downtrodden Worker o o o Items from Mr. Econocobas: Scared investors flee to cash at highest levels since 2001 15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

SurvivalBlog reader A.S. sent in these two links profiling dead malls across America. Wow, what an economic recovery the Feds have wrought! Completely Surreal Photos Of America’s Abandoned Malls The death of the American mall o o o Glitters, but Not Gold: Fake Gold and Silver Coins ‘Flooding’ Market – DSV o o o Items from Mr. Econocobas: Video: Peter Schiff – It’s Gonna Be Awful! Venezuelans Barter Diapers for Food on Smartphones o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

German 10-year sovereign bond yields turn negative for first time o o o Backing up the SurvivalBlog position of making sure your basics are covered before spending on PMs: Venezuela, and why Gold and Barter Items are Terrible Preps – P.S. o o o Keynesian Triumph: Americans Are Broke – B.B. o o o Why The Biggest Investors Are Praying For A Market Crash o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Man With Full-Time Job in U.S. Earned Less in 2014 than 1973 – B.B. o o o OPEC Estimates Oil Output Will Fall Among Non-Member States “OPEC, in its latest monthly report, projects that oil production will decline in non-OPEC states, with estimates remaining unchanged from May” o o o Venezuela: It’s starting to look like scenes from the movie Soylent Green down there. How A Venezuela Food Protest Turned Into A Deadly Police Gunfight – J.E. o o o Say Goodbye to America o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see …

This video explains the characteristics of gold’s baby bull and how the adolescent phase just beginning will likely be different, for gold, miners, and also for silver. o o o Economic Collapse Will Serve One Purpose: “Global Governance And The Enslavement Of Mankind” – B.B. o o o Fed’S Rate Normalization Will Be Far From Normal o o o There Is A Deepening Shortage Of Physical Gold o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Should IL lose access to debt markets? – P.S. o o o How “Fair” Trade Stigmatizes Free Trade and Fails o o o Record Shattering 94.7 Million Americans Not in the Labor Force. Up by 664,000 in One Month. – B.B. o o o Items from Mr. Econocobas: Why Big Investors Think it’s Time to Hoard Gold – Pay attention to these guys; they are the movers. Video: Will gold break back above $1,300? – Don’t pay attention to this guys; they are the financial shills, who are either painfully naive or incredibly slimy. o o o SurvivalBlog and its …

Video: The Dollar is at an Important Crossroads – Excerpt: “Its next move will have significant implications for the future price direction of the precious metals markets.” o o o Ron Paul: The Case for Gold Is Stronger Than Ever o o o Items from Mr. Econocobas: A Bearish George Soros Is Trading Again – Notice the last time he was actively trading was 2007, making bets against the coming housing collapse. BT Card Outage? 8 Days Into June And Many Americans Are Still Waiting For Food Stamp Money o o o SurvivalBlog and its editors are not paid investment …

“The Whole Shebang Is Broke” – The Only Thing That’s Growing Is Debt o o o Items from Mr. Econocobas: Video: Alan Greenspan: Entitlements are Crowding Out Savings – Had been seeing headlines where folks claiming Greenspan was claiming “Venezuelan martial law” was coming to the US, so I had to find the source of this claim. Here is the interview but he does NOT claim martial law at all but there is some interesting things. For the record, I agree with points but many points he makes I do not. To many to cover. For the Venezuelan part is …

A change in Sharia law could unleash huge demand for gold – DSV o o o Time to Get Out of Real Estate o o o How Fiat Money Destroys Culture Excerpt: “A number of economists have observed that fiat money is a prerequisite for tyrannical government, and the idea that monetary interventionism paves the way for tyrannical government is very old and goes back to Nicolas Oresme in the fourteenth century.” o o o This Nightmare Will Trigger A Cascading Effect And Then The Unthinkable Will Happen Excerpt: “If the U.S. goes into recession, the deficit immediately goes to …

You Are Here o o o Man sued for $30K over $40 printer he sold on Craigslist – DSV o o o Fed’s Yellen sees rate hikes ahead, but few hints on when o o o Items from Mr. Econocobas: 8 Lessons That We Can Learn From The Economic Meltdown In Venezuela o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Why $50 Oil Makes Sense – “Oil has reached $50 on supply outages and steady demand growth, but for oil to breach this level, either supply or demand fundamentals need to move.” o o o Cybercrime isn’t the only reason cash remains king o o o JP Morgan Boss Warns of Brexit Job Cuts if U.K. Backs ‘Terrible Deal’ o o o Mystifying Bond Buybacks in Russia Could Be an Edge Against Fed o o o The fact that this sort of idea can make it onto a ballot is truly scary: Why the Swiss voted ‘No’ to a guaranteed …

Omen of times to come: Lady riots after EBT card fails – Submitted by RBS. HJL’s Comment: We’ve seen this sort of thing before. In October of 2013, the EBT system went down in much of the nation. It only took a few hours for word to spread as the welfare roles abused the vouchers and emptied the shelves of many stores, wreaking havoc along the way. o o o This financial bubble is 8 times bigger than the 2008 subprime crisis o o o Derailed! A June Rate Hike Is Off o o o Video: Brexit – The Moment …