Silver – More Evidence of a Price Bottom – G.C. o o o The Stock Market Crash Of 2015 Is Just Getting Started o o o Low Oil Prices And China Pull The Rug From Under Latin America o o o Get used to the idea that you will never retire: GAO report shows that half of Americans 55 and older have no retirement savings at all. o o o Stock market endures worst day in 18 months – C.L.
This government printed so much money the mint workers went on strike – H.L. o o o What Will You Do When The Government Checks Stop? – B.B. o o o The Crisis Is Spreading: China, Australia, Brazil, Canada, Sweden… If someone was still on the fence about a soon-ish global economic collapse, this webpage would give them a LOT to think about – P.H. o o o Silver Cycle Low – Now
World shipping slump deepens as China retreats – G.G. o o o Venezuela’s currency is now so worthless that people are using it as napkins – G.P. o o o Items from Mr. Econocobas: Why Gas Prices Are Rising Despite Oil’s Plunge – I for sure have been wondering this. I’m making an assumption that this is true, but who knows. Abe Aide Says Japan Needs 3.5-Trillion Yen Economic Package Renting in America Has Never Been This Expensive
This Alarming Indicator Is Back At A Level Last Seen Before The Bear Stearns Collapse o o o THE U.S. EMPIRE INVESTMENT STRATEGY: Export All Of It’s Gold… The Barbarous Relic o o o Items from Mr. Econocobas: 8 Reasons Why The Telegraph Thinks The Market Doomsday Clock Is One Minute To Midnight Is The ‘Dumb’ Money Doing Something Smart? Ron Paul: China’s Woes Give Fed Cover on Rates – Of course they won’t raise rates unless they are ready to pull the plug, because that is exactly what would happen if they did. Letting the market determine the price …
Doomsday clock for global market crash strikes one minute to midnight as central banks lose control – G.G. o o o Ron Paul: Fed may not hike because ‘everything is vulnerable’ – D.S. o o o The Bankruptcy Of The Planet Accelerates – 24 Nations Are Currently Facing A Debt Crisis How long will this fiat money fiasco go on before the big debt reset? Greece is only the tip. – A.S. o o o Schiff: Don’t Worry About China’s Currency When US Dollar Will Collapse – B.B.
Why California loves taxes, stock bubbles, and housing bubbles: State and county assessed property values up to $4.918 trillion, up 6 percent from last year. o o o SILVER DOCTORS: Wholesale Silver Shortage…. CONFIRMED o o o Comex On The Edge? Paper Gold “Dilution” Hits A Record 124 For Every Ounce Of Physical o o o U.S. oil inventories at levels not seen in at least 80 years! o o o Buy Gold? Buy A Used Car Instead! – D.S.
Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainsesville Coins. Every month we take a look at “the month that was” in precious metals, covering the price action of gold and examine the “what” and “why” behind those numbers. So much for the “summer doldrums.” July was a wild roller coaster ride, no matter which market you looked at, and gold was no exception. If it wasn’t stress over whether the Fed would raise interest rates next month, it was the meltdown in the Chinese stock market, or the fate of Greece and its economy. Remember …
Germany Continues To Lead The West In Physical Gold Demand o o o The Average Net Worth by Age: The massive financial chicanery brought on by housing equity figures and the new real estate bubble. o o o Why Emerging Markets Are Getting Crushed o o o What’s Really At Stake With The Iran Nuclear Deal o o o The WAR on CASH isn’t coming…it’s already here – D.S.
$2,672,414,000,000: Federal Taxes Set Record Through July; $17,955 Per Worker–Feds Still Run $465.5B Deficit – B.B. o o o Desolation Row: the Silver Market – G.C. o o o Massive Commonwealth Bank glitch takes cash from customers – G.P. o o o Europe in crisis: everyone from Putin to ordinary savers is stockpiling gold – GJM o o o Why This Bubble Is Actually WORSE Than The Internet Tech Bubble
150 Days: Treasury Says Debt Has Been Frozen at $18,112,975,000,000 – G.P. o o o An Economic Earthquake Is Rumbling – GJM o o o The Coming Market Crash Will Wipe Out Global Silver Supply o o o If The Economy Is Recovering, Then How Is This Possible o o o Better Times Ahead For Oil, If You Can Believe It
China Rattles Markets With Yuan Devaluation – G.P. o o o Trends in low wage America: 1.4 million waiter/bartender jobs gained while 1.4 million manufacturing jobs lost since 2007. Top 4 employment sectors pay $10 an hour or less. John Kerry Warns “Dollar Will Cease To Be Reserve Currency Of The World” If Iran Deal Rejected – P.W. “Scaremongery… or maybe the whole point, as Obama’s former chief economist noted, is to lose reserve status. Take that China!!” o o o Items from Mr. Econocobas: The Long-Range Social Security/Medicare Deficit: $72 Trillion And Counting The Fed Is Out Of Options, …
From our friends over on the Thoughts from Frank and Fern blog: Brace For Impact When Will Oil Prices Turn Around? o o o Dollar Death Sentence o o o Items from Mr. Econocobas: This Wasn’t Supposed To Happen: Household Spending Expectations Crash David Stockman CNBC Interview: Tops In—–Next Comes An Epochal Deflation Deflation Is Winning – Beware!
Gerald Celente: A Stock Market Crash Will Happen By The End Of 2015 HJL adds: While I hear increasing warnings about this impending event, don’t discount the ability of TPTB to kick the can down the road just a little bit more, perhaps until after the election cycle of 2016. o o o “Bear Markets Are Driven By Fear, And Fear Has Taken Over Many European Markets. Don’t Wait Until It’s Too Late To Get Out.” o o o The Price Of ‘C’ In China o o o Don’t Put All Your (Nest) Eggs in One Basket
The College Bubble 2.0: In just one year, loan debt is up nearly 30% …Half of young graduates are either unemployed or only working part-time… The massive increase in applicants with degrees, the value of college degrees is drastically falling o o o The recent dips in the spot silver and gold markets are indicative of both manipulation in the global oil market and panicky investors in Europe shifting into U.S. dollar-denominated investments. (The investing outflows from Europe are pushing the U.S. Dollar up, and precious metals down.) With spot silver at around $14.70 per Troy ounce and gold at …
The spot prices of silver and gold recently dipped to $14.70 USD and $1,006 USD, respectively. This short-term aberration in long-term market trends can be attributed to both the sag in oil prices and to near panic shifts by European investors into the United States equities following news of the Greek bailout and a possible Euro collapse. I recommend that anyone who sees the need to diversify their portfolio do so NOW. If you wait until October, you may miss the boat. Physical silver is the logical choice. If you already have your beans and bullets squared away, then I …