Economics and Investing:

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




Economics and Investing:

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 …




Economics and Investing:

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 …







Economics and Investing:

Global Oil Supply More Fragile Than You Think o o o “I Sure Am Glad There’s No Inflation” – B.B. o o o San Francisco living in containers and NorCal tents: The housing mania is causing people to pay high prices for what amounts to camping. o o o The Crash And A New Depression – The Seeds For The Next Crisis Have Already Been Sown – G.G. o o o Saudi Arabia may go broke before the US oil industry buckles




Economics and Investing:

8 Financial Experts That Are Warning That A Great Financial Crisis Is Imminent – B.B. o o o Fed Finally Figures Out Soaring Student Debt Is Reason For Exploding College Costs o o o Iceland Recovering Fastest in Europe After Jailing Bankers Instead of Bailing them Out – C.C. o o o Comparing the cost of living between 1975 and 2015: You are being lied and fooled when it comes to inflation data and the cost of living. o o o Items from Mr. Econocobas: Video Interview: Chris Martenson-$40 Trillion Lost in Next Crash – Great interview worth listening if …




Economics and Investing:

Dutch king declares the end of the welfare state – P.S. o o o Firm OPEC And U.S Production Keep Hopes For Higher Oil Prices Down o o o The economy chugs along with consumers going into deep credit card debt: Credit card debt surges in top 25 US metro areas according to Equifax data. o o o The Insanity that is San Francisco Real Estate: Median home price is 34% higher than previous peak bubble price and stands at $1,360,000. It is ironic that a place that was made unique by lower income artists and free spirits in the …







Economics and Investing:

Some progressives never learn: CEO Raises Salaries to $70K for EVERY Employee, Now has to Rent Out his Own Home to Make Ends Meet o o o Puerto Rico: No money available to make $58M bond payment – G.G. o o o Big Chunk Of JP Morgan’s Gold Holdings Withdrawn In One Day o o o It Won’t End Well: Unemployment In Italy Has Hit All Time New Highs. Canada’s Economy Shrinks Again, On A Verge Of A Recession. U.S. Wage Growth Is The Weakest Sine 1982.







Economics and Investing:

Rental Apocalypse: US homeownership collapses to 48 year low while rental rates continue to climb. o o o Central banks will disagree; Keynesian economists probably disagree; Too-Big-To-Fail banks don’t care … o o o Items from Mr. Econocobas: 2nd Quarter GDP Misses Expectations Alan Greenspan: This is ‘Extremely Dangerous’ – While what he is saying is true, Greenspan has no room to lecture anyone, considering his abysmal track record at inflating debt and destroying an economy. US Economy Grew At 2.3% In Q2, Below Expectations, “Winter” Quarters Revised Higher On Double Seasonal Adjustments – Venturing further down the “Ministry of …




Economics and Investing:

The War On Cash: Why Now? – D.S. o o o Oil Majors Resigned To Lower Oil Price Environment o o o If The American Dream Is To Own A Home, Then It Hasn’t Been In Worse Shape Since 1967 o o o Paul Craig Roberts – The Global Economy A “House Of Cards”, Fed Most Certainly Will Not Raise Interest Rates, Demand for Gold and Silver Very Very High




Economics and Investing:

You Cannot Afford a $250,000 Home with a $50,000 Household Income! o o o The Economic And Financial Problems In Europe Are Only Just Beginning… – B.B. o o o Items from Mr. Econocobas: What Really Happens When Pensions Disappear – This is the kind of nonsense that CNBC puts out. Over committed, over compensated pension funds cannot and will not exist any longer. We have leveraged public sector debt to the hilt, and this is the logical end to this nonsense. Also, the thought of fewer government workers, the majority of which are overpaid for their positions compared to …




Economics and Investing:

This is how much land prices have changed, and how much they haven’t – H.L. o o o Fear Rises As Financial Markets All Over The Planet Start To Crash o o o Pessimism Amongst Oil Traders Reaches 5 Year High o o o Historically, When Junk Bonds Have Shown An Extreme Negative Divergence While Stocks Were Near Their 52-week Highs, Stocks Have Almost Unanimously Succumbed To Weakness As Well.




Economics and Investing:

Default Nears: UBS’s Puerto Rico Bond Funds Implode, “Collateral Value” Drops to Zero, Investors Screwed – H.L. o o o Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%. o o o Could Another Great Financial Crisis Be Just Around The Corner? o o o 1.5 Million Teens Don’t Think They Can Get a Job In This Economy o o o Oil Price Rout Set To Inflict Real Pain On Russia