Category: Economics & Investing

From Will Lehr: The Swiss That Broke the Camel’s Back o o o Gold Price Model Says Gold Still Undervalued o o o Items from Mr. Econocobas: 24 Items Of CPI Inflation The MSM Forgot To Mention Video: Mike Maloney – Global Shockwaves To Come From Swiss Currency Bombshell Another Former Central Banker Finally Gets It: “The Idea That Monetary Stimulus Is The Answer Doesn’t Seem Right” Road To The Welfare State: Why 50% Of America Gets Checks From Uncle Sam – Good article, but it must be noted that this is only possible because of the Federal Reserve Act …

BLINKING RED LIGHT: Big Trouble Ahead For Bakken Oil Production o o o Crushing The U.S. Energy Export Dream o o o Items from Mr. Econocobas: Germany’s Bundesbank Resumes Gold Repatriation; Transfers 120 Tonnes Of Physical Gold From Paris And NY Fed Spot The Trend: The Richest 1% Are About to Own Half of Global Wealth– This fact is undeniable and a result of central bank manipulation, and crony capitalism, not free market economics. Be more concerned with the 0.01% not the 1%. “Next Time Around The Feds Are Going To Have To Confiscate Stuff”– Good short read and point …

Video: Will China Pull a “Switzerland” on the U.S. Dollar? – B.B. o o o The minimum wage economic recovery– 44 percent of jobs added since recession ended come from low-wage industries paying $10 an hour or less. o o o US retail sales fell in December – RBS o o o How Much Punishment Can Russia’s Oil Industry Take?

U. S. Mint American Eagle Silver Bullion Coin Purchases Soared to Record High in 2014 – J.W. o o o No Inflation Unless You Eat Food, Use Water, Live In A House Or Apartment, Heat Your Home, Get Sick, Travel, Pay Car Insurance, Go To School, Mail Letters, Or Do Your Taxes. – RBS o o o Wall street banks trying to secure themselves for the collapse? . – A.M. o o o Price of Electricity Hit Record High in U.S. in 2014. – G.G. o o o Items from Mr. Econocobas: IRS Threatens Service Cuts as First ObamaCare Tax …

Despite Decline in CPI, Food Index Increases in December. – G.G. o o o First National Bank of Crestview fails: branches will reopen Tuesday under New Orleans bank. – G.G. o o o Items from Mr. Econocobas: Venezuela Lacks A Lot More Than McDonald’s French Fries Venezuela’s Future? ‘Barbarity and People Looting’ – This is from December but worth posting still. Obama Said to Seek 7% Budget Boost, Setting Up Fight With Congress Bullard’s Back (But Stocks Ain’t Buying It… Yet)– This was the same Bullard who lifted stock with a hint that QE wouldn’t end; however that proved wrong …

Economic Lessons From Switzerland’s One-Day, 18 Percent Currency Rise – G.P. o o o Be Prepared For An Oil Price Spike o o o Items from Mr. Econocobas: Copper Prices Slump to 2009 Levels, Sparking Growth Concerns Oil Trades Near 5 1/2-Year Low as Global Surplus Seen Persisting Bitcoin Tumbles Below the $200-Level as Sell-Off Intensifies U.S. Retail Sales Down Sharply, Likely Cuts to Growth Forecasts Ahead

The only state where less than half its civilians work . – G.G. o o o The Perfect Storm for Wall Street Banks. – P.K. o o o Items from Mr. Econocobas: Venezuelans Throng Grocery Stores Under Military Protection David Stockman- Here They Go Again—-Subprime Delinquencies Rising In Autoland Copper Prices Slump to 2009 Levels, Sparking Growth Concerns Oil Trades Near 5 1/2-Year Low as Global Surplus Seen Persisting

Deflation and Central Bank Delusions. – G.C. o o o Food Stamp Beneficiaries Exceed 46,000,000 for 38 Straight Months. – B.B. o o o Items from Mr. Econocobas: The Great Obamacare-Medicaid Bait ‘n’ Switch Japan Plans Record Budget to Help Economy Struck by Recession Greece in ‘Critical’ Situation as Syriza Leads Polls Oil Settles Below $47 as Goldman Cuts Outlook

Ebola virus continues to fuel Sierra Leone’s economic freefall o o o The Road To War With Russia: We’re Not Only On It; We’ve Already Arrived o o o Nebraska Supreme Court Rules To Allow Keystone XL Pipeline o o o Oil Projects Cancelled, ‘Rippling’ Layoffs and Defaults: “Money to Fund the Drilling Boom is Drying Up”

Healthcare for Illegals Pushes CA Budget Billions Over Inflation. – RBS o o o Reality Is Now Setting In For America… It Was All Based On Lies & Ignorance. – RBS o o o Nordic countries lead shift into cashless society. – H.L. o o o Gas as economic weapon. How OPEC weaponized against American drillers… G.P. o o o Could ISIS Attack Saudi Oil?

Record 93 million Americans now not in the labor force: The non-working American recovery added 451,000 to the not in the labor force category in December alone. o o o Items from Mr. Econocobas: This Isn’t Investing … It’s Russian Roulette Old vs Young: The Story Of America’s Two Labor Markets Labor Participation Rate Drops To Fresh 38 Year Low; Record 92.9 Million Americans Not In Labor Force December Employment Gain Caps Best Year for U.S. Since 1999; Wage Gains Lag – Here’s your Bloomberg spin on those same numbers.

U.S. to Shutter 15 European Bases Under Cost Cutting Plan. – G.P. o o o The Part-Time Economy Consuming America. – H.L. o o o Items from Mr. Econocobas: Credit Card Debt Tumbles Most In 1 Year As US Households Resume Deleveraging – Understand the author’s point about how it shows people are not optimistic, but deleveraging is actually what is needed and what happens in a depression. However, also understand in our debt based monetary system, deleveraging will collapse the system, and that is why central banks around the global are trying to print their way out of deflation …

The Deflationary Myth o o o No Proof JPMorgan Not the Big Buyer of Silver Eagles. – K.W. o o o Items from Mr. Econocobas: US to Cut Off Food Stamps for One Million Next Year – This is part of the massive invisible “bread line” that we don’t see but is every bit as long as the lines in the Great Depression. Let’s see how this goes over… 3 in 5 Americans Don’t Have Enough Savings to Pay for Unexpected Expenses Mortgage Apps Plunge 9.1% Over Two-Week Period $200 Billon in Debt Looms over American Oil and Gas

Seven Reasons To Be Fearful o o o You Are Being Lied To – The West Is In Bad Shape, Particularly The United States. – B.B o o o Items from Mr. Econocobas: Recipe for Disaster: Why Velocity is Inflation’s Most Dangerous Ingredient 10 Year Treasury Yield below 2% The $300B Elephant In The Acropolis: The Greeks Can’t Pay, Euro Politicians Are Afraid To Forgive Bill Gross Says the Good Times Are Over

Review of the 2014 Bank Failures and Their Effects on Depositors. – G.G. o o o Jeff Gundlach: Something Is Not Right; Concerned About Health Of The Economy & Financial System o o o Items from Mr. Econocobas: German Savers Brace for $2.3 Trillion ECB Question Jim Rickards Says the Fed is Bluffing About Raising Interest Rates in 2015 Hedge Funds Resume Bullish Gold Bets as Greece Vote Looms The ECB “Leaks” Its 3 QE Choices