Economics and Investing:

Health Insurance Prices Take Off: Worker Pay Stagnant – H.L. o o o DANGER! The Federal Reserve Is Very Afraid Of A Stock Market Bubble. o o o Items from Mr. Econocobas: Trader Slams Schiff: You Make ‘Outlandish Predictions’- This is just kind of funny… Could be part of the next Schiff was right youtube video… This Is Yellen’s Response When Asked If The Fed Is Too Worried About The Stock Market Debt Is The Barbarous Relic! Not Gold




Economics and Investing:

Deutsche Bank Potentially On The Verge Of Triggering A Second Global Recession o o o Video: Michael Snyder Gives RED Alert Warning for Economic Collapse in Next 7 – B.B. o o o The ‘Greek Debt Deal’ Is Already Starting To Fall Apart o o o Why cash is the most important asset to own right now – D.S. o o o How Large Was The U.S. Gold Market Trade Deficit In Q1 2015??




Economics and Investing:

Greek safety deposit boxes – S.M. The telling quote: “The only reason to put access to safe deposit boxes under capital controls – measures which were agreed between the government and the banks – is because the banks and governments wish to retain the option of confiscating the contents of those boxes should the crisis deepen.” o o o Food Stamp Beneficiaries Have Exceeded 45 Million For 48 Straight Months – G.G. o o o Items from Mr. Econocobas: Snow In The Summer Confirmed – Retail Sales Tumble Most Since February It Starts: Greeks Rebel Against Bailout, Risk Collapse




Economics and Investing:

Greece Today, America Tomorrow? o o o For America’s economy, the end is nigh – H.L. o o o Strategic Investment Manager Warns Of Worldwide Financial Detonation: The Whole Thing Is Going To Blow Up – B.B. o o o Global Banking System on the Verge of Total Collapse o o o Why Greece Is The Precursor To The Next Global Debt Crisis – H.L.







Economics and Investing:

Tsipras Betrays Referendum, Sells Out to the Banks – H.L. o o o China Stocks and the New York Stock Exchange Shutdown: The Untold Story – H.L. o o o It’s Not If But When the Government Seizes Private Retirement Savings – B.B. o o o Brief interview w/Paul Craig Roberts. This is the best analysis of the E.U./Greek crisis you’ll hear. Why can’t a few more people step forward and frame this thing as plainly as P.C.R.? The whole interview is a grand slam homer, but if you can only listen for five minutes, minute 12 to minute 17 …




Economics and Investing:

Premier Bank is the sixth FDIC-insured institution to fail in the nation this year, and the first in Colorado. – G.G. o o o China lost the equivalent of 14 Greeces over the last month: Why the actions of banning short selling and punishing the market taken by the Chinese government will backfire. o o o Items from Mr. Econocobas: Greek Deal in Sight as Germany Bows to Huge Global Pressure for Debt Relief Greece’s Tsipras to Sell Austerity Deal to Reluctant Party – We are truly living through some crazy weeks here globally from an economic perspective. With Cash …







Economics and Investing:

Banks Quickly Abolishing Your Ability to Use & Store Cash. – D.S. o o o Priorities: Greeks Rush to Buy Laptops and Games Consoles in Anticipation of Economic Collapse. – JBG o o o Items from Mr. Econocobas: China ‘Heading Towards 1929 Market Crash’… Chinese Retail Investor Savings ‘fall into abyss’… ‘Greece Is On The Edge of Catastrophe. There Will be Riots and Chaos’ Greek Crisis – Breakdown Of Situation With Mike Maloney




Economics and Investing:

Gold Up & S&P Down? o o o US Mint SOLD OUT of Silver Eagles, Announces Will Not Take Orders Until AUGUST! – D.S. o o o One in Five Americans Participates in Government Assistance Programs Each Month – G.G. o o o China stocks tumble again despite support measures. – G.P. o o o How The U.S. Government Could Default On Its Debt




Economics and Investing:

“Greece Is Coming To Your Neighborhood” Marc Faber Warns o o o 9.3 million Americans went through a foreclosure or short sale between 2006 and 2014: Home shopping in Compton California. o o o Items from Mr. Econocobas: Greece Bailout Referendum: They Voted ‘No’. Now What? David Stockman- It Is NOT Priced-In, Stupid! Barack Obama Tells Another Whopper—–He Did Not Create 12.8 Million Jobs Sugar, Flour, Rice: Panicked Greeks Stock Up




Economics and Investing:

Greeks Using Bitcoins to Preserve Their Wealth – H.L. o o o EU warns of Armageddon if Greek voters reject terms – JBG o o o Greece’s Yanis Varoufakis prepares for economic siege as companies issue private currencies – JBG o o o The BIS Is Trying To Hide A Terrifying Nightmare That Is Going To Send The World Into A Full-Blown Panic – B.B.




Economics and Investing:

Rosy jobless numbers cover up bad news. – J.F. o o o Famous Rothschild Banking Dynasty Facing Fraud Charges In France o o o Non-working America soars by 640,000 in one month to new record of 93.6 million. Not in the labor force Americans up 11 million since 2010. o o o Sugar, flour, rice: panicked Greeks stock up on essentials – G.G. o o o Greek banks prepare plan to raid deposits to avert collapse. – G.G. o o o Tax Like It Is July 4, 1776. – PLC




Economics and Investing:

Greek banks prepare plan to raid deposits to avert collapse – JBG (requires login) o o o Items from Mr. Econocobas: Greek Bank Closures May Deplete Supermarket Shelves Greece Maybe Out of Cash by Weekend Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT The Complete Greek Referendum Walk-Thru: When, How, What To Expect; And What Comes Next




Letter: The $100 Bet on Greece

HJL, As I write this, Greece and its financial woes are in the news again. There is nothing especially surprising about that, as Greece has been there before. Greece has been in a state of “soft default” since at least 2009. For the last five years Greece and the EU have engaged in on again – off again negotiations trying to tap dance around what has become known as “The Greek Debt Crisis”. The can, as they say, has been kicked down the road several times. At the end of this month (June 2015), Greece is due to cough up …