Category: Economics & Investing

Video: Silver & Gold Dealers To Be Shut Down? Update On Operation Chokepoint – Mike Maloney JWR’s Comment: On orders from Eric Holder, America’s gun dealers and precious metals dealers have been targeted as “undesirables”, putting them in the same category as pornographers. It is notable that the apparatchiks have made themselves exempt from oversight and the FOIA, in the “Chokepoint” campaign. o o o How much debt does your state have? o o o Items from Mr. Econocobas: U.S. Companies Can Avoid Venezuela Devaluations by Taking One Big Hit Risk of Greece Leaving the Euro Increases As Bank Run …

If Fed raises Interest Rates… will create the greatest economic collapse in modern times o o o Is Washington Fabricating the Economic Data? o o o Items from Mr. Econocobas: Stockman: Slap Handcuffs on the Fed Before It’s Too Late Japan Q4 Annualized GDP +2.2%, Worse than Expected How Truly Free Markets Help the Poor Pharmacy Shelves Care in Venezuela

As IMF Extends $17.5 Billion Credit To Kiev, Gazprom Demands Debt Repayment o o o Hong Kong is doomed—foolishly lowering and even eliminating taxes. – H.L. o o o Economists-Say-Dumb-Things Chronicles: ‘Debt Is Money We Owe To Ourselves’ o o o Bank Hackers Steal Millions via Malware. – H.L.

Economic WAR Between U.S. & Russia, WWIII lies ahead, Federal Reserve is signally economic collapse o o o Capitol City Bank & Trust Co, Georgia, Collapses – Largest Bank Failure of 2015. – G.G. o o o Could Turkey Become the New Ukraine? o o o IEA Sees Oil Prices Bottoming Out, But Not Surging Back To $100-Plus Levels

Central Banks Are Boosting Their Gold Reserves. – G.G. o o o Central banks still in “emergency mode”: WSJ’s da Costa: o o o Attention to Deficits Disorder o o o Russia’s Complicated Relationship With OPEC o o o BRICS SDR to Bailout Eurozone. – A.P.

Sweden cuts rates below zero and starts QE – G.G. o o o This is the first time I’ve seen this gold ‘buy’ signal since 2009 – Dominic Frisby o o o Items from Mr. Econocobas: Guess What Happened The Last Time The U.S. Dollar Skyrocketed In Value Like This?… US Weekly Jobless Claims Total 304,000 vs 285,000 Estimate Food Stamp Beneficiaries Exceed 46,000,000 for 39 Straight Months U.S. Foreclosure Activity Rises 5% in January

Why We Won’t See An Oil Price Rebound Yet o o o Barack Obama’s policies for 6 years have brought NEITHER peace nor prosperity. PERIOD! o o o Items from Mr. Econocobas: Medicare and Social Security Tabs Coming Due – Good article, but I have seen credible folks saying the numbers on unfunded liabilities in the 200+ trillion dollar range. David Stockman: Audit The Fed——And Shackle It, Too Low Oil Price Won’t Spur Global Growth Says Moody’s Shifting Goal Posts on Employment Signals Slower Fed Rate Hikes – Of course they are going to move the goal post; that is …

Silver and Gold Truth Versus Fiat Lies. – C.G. o o o The world economy stands on the brink of a second credit crisis, China is imploding, interbank lending begin to seize up, the debt markets fall over, Europe on edge and TRILLION$$ in currency derivatives at risk o o o Items from Mr. Econocobas: Tomorrow Greece Decides: Europe… Or Russia How Fast Would Contagion Spread If Greece Exits The Eurozone Video: ‘Less Chocolate In a Bar, Price Stays The Same: Pure Deflation?’ Dr. Pippa Malmgren – Great video. Video: The Central Bank Manipulation Trade – Rick Santelli

The Global Currency Reset is Real & in Motion. The EU, BRICS & the US Dollar Fighting each other for Total Control. o o o Second Alleged Murder Suicide by JPMorgan Worker in Seven Months. – P.K. o o o Items from Mr. Econocobas: In the Shadow of Abenomics, Japan’s Poor and Elderly Are Being Left Behind Bubble? Meet The $25 Million Grilled-Cheese Truck Fearing Grexit, Greeks Turn To Gold Again Why Citi Thinks Oil Is Going To $20

Syriza’s 40 point plan for Greece. – H.L. o o o ‘The Dollar Will Die with a Whimper’, A System Reset Is Imminent, Russia And China Have Been Accumulating Enormous Amounts Of Gold, Positioning Themselves For The Next Phase Of The Global Financial System. o o o China‘s secret plan to topple the US as the world’s superpower. – A.W. o o o End of an Era: Prospects Look Bleak For Slowing the Coming Food Crisis. – B.B.

Russians advised to pull their money out of banks and prepare for ‘black market in cash’ – G.S. o o o Oil Prices Most Volatile Since 2009 o o o Greece Faces Reality o o o Why Jack Welch Has A Point About Unemployment Numbers o o o Items from Mr. Econocobas: Did The BLS Forget To Count Thousands Of Energy Job Losses?

The evolution of low wage America: The most common jobs by state in 1978 to 2014. The destruction of the manufacturing industry. o o o Events Now In Motion In Greece That Will Create Worldwide Chaos. – A.D. o o o Chinese Rating Agency Warns Coming Crisis Is Worse Than 2008, Blames US “Printing Press”. – G.G. o o o The Federal Reserve’s Outrage Over New Audit Legislation: “If Enacted, It Will Damage The Economy” o o o Items from Mr. Econocobas: Where Is Germany’s Gold? – Interesting read. RadioShack Declares Bankruptcy after 94 Years in Business Is China Preparing …

How retirement plans vastly underestimate inflation. – G.G. o o o CEO of Gallup calls jobless rate ‘big lie’ created by White House, Wall Street, media. – M.S. o o o Arizona panel OKs gold, silver as legal tender. – D.S. o o o Items from Mr. Econocobas: Peter Schiff – The Bravado of Borrowers Video: Peter Schiff – Quantitative Easing 4 Will Send Gold toward New Highs

JWR, I would like some information on saving coins. I have been going through my coins and want some clarity on what to save. I have saved all pennies, nickels, quarters, dimes, and so forth from the years 1940 to 1999. Those from 2000 to present have been taken to the bank. Is this correct or should I be saving nickels and quarters from 2000 to present also? It is amazing how much change a person can accumulate and the amount of older money that is in the system right now. – D.D. JWR responds: There is no significance to …