Senator warns of another attempt to pass Obamatrade. – J.F. o o o INDIAN SILVER IMPORTS: On Track To Smash All Records o o o Silver Lows and Bubble Bonds o o o The EU has shrunk as a percentage of the world economy o o o Is Something Really Big About To Happen?
Is Greece at risk of becoming the next Zimbabwe?. – JBG o o o THE SYSTEM IS COLLAPSING: Time To Get Physical o o o How Do Companies Quietly Raise Prices? They Do This – G.G. [May require a login] o o o Items from Mr. Econocobas: ‘Who’ Really Runs Your State? – I don’t really believe that is who’s running the state in most cases, but it’s an interesting map. Did Greece’s Time Just Run Out?
As currency dies, Zimbabweans will get $5 for 175 quadrillion local dollars. – M.W. o o o Interview on current events with Bix Weir o o o Items from Mr. Econocobas: Students Will Have $3.5 Billion of Student Loan Debt Wiped Out & They Are Not Happy About It– This is just craziness– more debt. We are all on the hook for select people’s mistakes. Bird Flu Leads to Egg Shortage, Higher Prices Fund Managers Dump Government Bonds, Rout Continues
Get ready for a 4,000-point Dow drop. – G.G. o o o Bond crash across the world as deflation trade goes horribly wrong. – G.P. o o o Items from Mr. Econocobas: A Stock Market ‘Leading Indicator’ Is Tanking. But Why? As Seen In Greece: “I Rushed To The Bank” And The Return Of ATM Lines? The Warren Buffet Economy——Why Its Days Are Numbered (Part 1)
HJL, That was fascinating reading. It is important to read the article AND the comments. I regard myself as middle class and have read the WSJ since 1978, when my Economics professor required it. Those people commenting regard themselves as middle class, and they sound like me. I look at the people that the media and democrats call middle class, and I don’t see myself. My own spending habits revolve around expenditures that lower my cost of living, ensure I can provide for my family (preps), and the acquisition of new assets that pay me or improved assets that will …
Why you should care that Robert Prechter is warning of a ‘sharp collapse’ in stocks. – G.G. o o o Video: 2015 Systemic Market Crash. – G.M. o o o MUST SEE CHART: Major Bank Fraud Adds Up To A Lot Of Silver o o o Items from Mr. Econocobas: Greece Delivers Reform Plan to EU, Warns on Cost of Failure Guess How Many Nations In The World Do Not Have A Central Bank?
Gold At $64,000 – Bloomberg’s ‘China Gold Price’. – B.B. o o o 103 Years Later, Wall Street Turned Out Just As One Man Predicted. – H.L. o o o Items from Mr. Econocobas: U.S. Authorities Say “Uncomfortable” with Strong Currency; Dollar Drops Experts Worry that ‘Phony Numbers’ Are Misleading Investors – This is far from the only smoke and mirrors in the room… Stay Out Of Harm’s Way—-The Casino Is Fixing To Blow
“Literally, Your ATM Won’t Work…”. – T.P. o o o OPEC Set To Play The Waiting Game o o o The crisis in housing: Not enough homes are being built and rents are outstripping wage gains. o o o Gold: Surviving the Last Few Months of the Bear Market
Is The Price Of Gold Really Headed Above $19,000? o o o IMF has betrayed its mission in Greece, captive to EMU creditors. – JBG o o o Why The Fed Can’t Raise Rates. – J.B. o o o Canadian Silver Maple Leaf Sales Hit New Record Q1 2015 o o o Items from Mr. Econocobas: Investors Start To Panic As A Global Bond Market Crash Begins – Whether the trend continues and gets out of control or for the time being things turn around, I am not sure, but this is something to follow.
Mr. Latimer, Lately it’s becoming quite clear that the global financial system has passed the point of no return and is essentially doomed. My question now is, when the system begins its meltdown, those who will be able to get their money out before it’s all lost will no doubt be putting that money into hard assets as fast as they can. This of course will cause gold and silver to skyrocket. So here’s the question, should I sell my gold and silver at these fantastically high prices and receive a lot of paper money, which may become worthless due …
Debt and the Tinderbox o o o Cash-Strapped Kansas Moves To Limit ATM Withdrawals For Residents On Welfare. – D.S. o o o Items from Mr. Econocobas: Greece Unable To Make €300 Million IMF Payment, Requests “Bundling” Greek Banks On Verge Of Total Collapse: Bank Run Surges “Massively” As Depositors Yank €700 Million Today Alone Video- David Stockman Fox TV Interview: The Most Fantastic Bubble In Recorded History US Added 280,000 Jobs in May; But Jobless Rate Edged Up to 5.5%
HJL/JWR, This is a long time reader here with a question you likely get often. I realize the following is an overly simplistic question, given the enormous complexities of an individual’s financial and preparedness state, but I’m hoping for a relatively simplistic answer. Assume you were approached by a debt-free individual and handed anywhere from $5-15k. You are told it is “extra’ money and asked to invest it in something tangible. What would you be inclined to spend it on, assuming they had the basics (beans/bullets/bandaids) covered? Would it be precious metals, redundant equipment, or something else? Or perhaps you’d …
The Central Banks Are Losing Control Of The Financial Markets o o o Presenting The Next Great Source Of Middle Class Prosperity. – G.G. o o o Items from Mr. Econocobas: One Of The World’s Largest Silver Miners Slams The CFTC About Silver Market Manipulation The College Commencement Speech Every Graduate Needs To Hear – I work with a large group of young people at my church, and when the correct opportunity presents itself I try and encourage kids to make sure if they go to college to get a definable skill, otherwise start a business or learn or go …
HJL, Reading your bank policies note made me want to share an experience I had recently. I took my income tax return check to my local credit union for deposit only, no cash back. My wife had signed the check. They told me, “We can only deposit this check into an account you are both on.” I said, “There is no such an account.” Well, then she will need to come in with you. I said, “Okay, forget about it.” I took the check to my local PNC Bank (where it’s my sole account) who deposited it minus the hassle. …
I recently ran across an article from the Wall Street Journal; the piece itself was either a really bad attempt at a satire or it was mockingly smug. The article itself is not necessarily what you should read. I found that the comment section was truly amazing. I laughed, I smiled, and I felt that I wasn’t alone in the fight… My fellow American’s are alive and well, and there is a growing tide of revolution. I invite you to read the comments section. I don’t know how long the WSJ will keep it up. – T.C. o o o …