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 …
Interview: The Utter Lack of Dissent with Craig Hemke aka Turd Ferguson o o o Obama’s New Budget Does Stricken Oil And Gas Industries No Favors o o o Items from Mr. Econocobas: U.S. Factory Orders Fall Sharply, Decline Broad-Based – “New orders for U.S. factory goods fell for a fifth straight month.” Gallup CEO: “America’s 5.6% Unempoyment Is One Big Lie” Negative Yield Bonds: Here’s Who’s Buying ECB Pulls The Trigger: Blocks Funding To Greece – Full Statement
The Legacy of Debt: Interest Costs Poised to Surpass Defense and Nondefense Discretionary Spending. – G.G. o o o The largest bracket of tax payers in the United States is made up by those making $15,000 a year or less: Half of all federal taxes paid by those making $250,000 or more. Sample $50,000 budget. o o o Items from Mr. Econocobas: Worker Pay in U.S. Rose at a Slower Pace in Fourth Quarter Why Central Bankers Around The World Have Lost Control David Stockman: History In the Balance: Why Greece Must Repudiate Its “Banker Bailout” Debts And Exit The …
Just as we will need people with blue-collar skills, like farmers, carpenters, mechanics, welders, and so forth, society will also need entrepreneurs who have the inventory and negotiating skills required to open stores and to restart local economies in the event of an economic collapse. In such times, it will be mutually beneficial for a farmer to let the local trading post sell his produce as a middle man while he is working the farm rather than spending precious hours each day trying to sell that produce himself. Most preparedness articles talk about the importance of having extra items on …
‘Secret’ Gold Repatriation: The Banksters’ Newest Bullion Scam o o o Interview: The Quickening with Jim Willie o o o Items from Mr. Econocobas: Which Central Bank Will Shock Markets Next? Will Gold Ever Top $1,300 Again? – Just had to include this article.. The entire premise of this article is based around a recovery that is largely an illusion and that the U.S. can sustain interest rate hikes. How Americans Are Spending Their Windfall From Cheap Gas- Kind of sad.. Obama’s $4 Trillion Budget Sets Up Fight with Congress