Economics and Investing:

Physical gold and silver, which represent the only real money out there with no counterparty risk, are now such a threat to our rapidly crumbling global fiat currency system that the central banks are going to ever greater lengths to hoodwink the public and keep them away from the two assets. Instead of people selling their gold and silver, they should be buying it hand-over-fist and getting out of these overpriced bonds, stocks, etc. John Embry On The Ongoing War In The Gold & Silver Markets – J.W. o o o Items from Mr. Econocobas: John Hussman: The Stock Market …




Economics and Investing:

SurvivalBlog Reader G.T. informs us that the “non-inflation” has affected his chicken raising: “I went to the local feed store here in Spokane and went in to purchase some chicken feed. I was told that the price is the same, but I get 10 lbs. less for the same amount of money. Instead of 50 pounds the feed bags now come in 40 pound bags for the same price. Ouch! The wife and I are now inclined to give the critters more scraps from the kitchen on a regular basis.” o o o Germany’s Third Largest Political Party Sells €1.6 …







Economics and Investing:

Federal Reserve Counterfeiting Approaches 100% o o o Silver and Powerful Forces o o o Financial Collapse Will Cause Civil Unrest to Erupt In America By 2016. – B.B. o o o BIS warns on ‘violent’ reversal of global markets. – J.W. o o o Item from Mr. Econocobas: U.S. Mint Temporarily Sold Out of Silver Eagles Amid Huge Demand




Economics and Investing:

The Three “Death Trends” o o o Central Planners Are In A State of Panic o o o Items from Mr. Econocobas: U.S. Loan Applications to Buy Homes Lowest Since February: MBA The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now Bill Gross Should Stick To Shuffleboard – His Case For Bigger Deficits Is Ludicrous SILVER SHORTAGE? What Does It Mean? Mike Maloney




Economics and Investing:

Congress Reaches Debt-To-Tax Ratio Unseen Since WWII. – G.G. o o o Unprecedented Money Printing Injected into Economy-Fabian Calvo. – J.W. o o o Americans Tighten Their Belts, While Their Government Races Toward Disaster o o o Items from Mr. Econocobas: Oil Hits Four-Year Low after Saudi Arabia Cuts U.S. Prices It’s Currency War! – And Japan Has Fired The First Shot




Letter: Coinstar

HJL, I had a bunch of change in the console of my car, a lot actually. I was thinking about using Coinstar to count it and give me cash, but I didn’t want to pay the fee. So, I went to their website. The option to get cash back is still there (they take 10.9%), but now they also offer an electronic-gift certificate from various vendors with no fee to such places as Amazon.com, Lowes, iTunes, and more. So at lunch I put all the change into a small box, found a Coinstar machine at a QFC, carefully went through …




Economics and Investing:

The government is already in a soft default and is addicted to low interest rates: Government expenses at $3.87 trillion while receipts enter at $3.29 trillion. o o o Items from Mr. Econocobas: Charting Banzainomics: What The BOJ’s Shocking Announcement Really Means GOP Senate Takeover Would Put Fed Under Microscope U.S. Trade Deficit Widens in September; Exports At Five-Month Low Petrodollars Leave World Markets for First Time in 18 Years







October In Precious Metals, by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and silver and examine the “what” and “why” behind those numbers. The marketplace in October was focused on how fast the European Union economies were going down the tubes and how badly it would affect the U.S. economy. Ebola continued to dominate the news channels on TV, while a slump in oil prices squeezed oil-producing countries, from OPEC to Russia. Gold fell to a monthly low on October 3rd of …




Economics and Investing:

NEWSFLASH: The Fed Isn’t Stopping QE! JWR’s Comment: I told you so. o o o The oxymoron of the labor force when labor means not working: 92 million Americans are not in the labor force with 12 million of those being added only in the last 4 years. o o o These Poor 3Q Earnings Reports Foretell 2015’s Economy o o o Kim Kardashian and Fiat Money Have The Same Intrinsic Value o o o China Filling Strategic Reserve With Cheap Oil




Letter Re: Requesting Advice for a Recent College Graduate

Hi HJL, I need some advice on what I should do next, and I am sure that many of the young college graduates who are reading your site are in a similar predicament. Here is the back story. I graduated from a university with about 80K in student loans– 52K in state and 28K in federal. I was very blessed to get a great job out of college working for my alma mater as a researcher making about 47K (pretax). I live at home and commute to work (1.5 hours each way), and now I am going back to graduate …




Economics and Investing:

It Will Take 6.25 BILLION “Man Years” To Pay Off Federal Government Liabilities: “A Mathematical Impossibility”. – B.B. o o o 4 Basic Truths to Help You Navigate the Financial News o o o World War I ended 96 years ago but Britain is just starting to pay off its debt . – G.P. o o o The Wrath of Draghi: First German Bank Hits Savers with Negative Interest Rate . – CJB o o o Chicago Bank Largest to Fail in 2014. – G.G.




Letter: A Two Year Experiment

Two years ago I buried cash and silver coins on some property I own as an experiment to see how well the cash and silver would fare. Oct 31st 2014 was the day it was recovered. The vessel was a white plastic PVC pipe about 6” round and about 1.5 feet long capped and sealed with PVC Glue. The cash was placed in standard zip lock sandwich bags and a moisture absorber pouch was placed in each. The silver was placed in the standard coin tubes you receive when buying 20 coins at a time. No absorbers were placed in …




Economics and Investing:

UK finance ministry says takes orders for first renminbi bond. – G.G. o o o Slowly but surely. The pace seems to be picking up though. China puts a new nail in dollar coffin as it begins direct trade with Singapore. – A.H. o o o Items from Mr. Econocobas: Greenspan: Fed Can’t Exit Without Turmoil Why Did Q3 GDP Jump: Thank ISIS And The “War On Terror” U.S. Homeownership Rate Falls to Lowest Since Early 1995