Vladimir Putin “Prepares For Economic War”, Buys Whopping 55 Tonnes Of Gold In Q3 o o o The Economic End Game Explained. – J.W. o o o Items from Mr. Econocobas: Ask The Expert Interview with Chris Martenson from Peak Prosperity Mortgage Volume Stalls with Rates 24 Reasons Why Millennials Are Screaming Mad About Our Unfair Economy
IEA Says Oil Supplies May Not Keep Up With Demand o o o Banks fined billions for rigging currency markets – G.G. o o o Items from Mr. Econocobas: What the Economy Has Done to the Family If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster? Fears of German Recession as Moment of Truth Looms Fed’s Rosengren Says Fight for Higher Inflation Should Be Vigorous– There’s so much I want to say, but this illustrates how fundamentally the economy is in a depression wanting to clear the imbalances by deleveraging, but the Central Bankers …
Mr. Editor, Would you please ask Mr. Rawles why the price of silver coins and silver in general has dropped in price. Since I bought mine, it’s lost half its value. Is it going to go back up? Thanks so much. The info on your website is invaluable. – C. in OH JWR responds: The futures and spot silver markets are quite thin and easily subject to manipulation. It is presently being pressed very hard by the market manipulators. The REAL price of silver is somewhere around $22 per ounce. Just look how quickly it sells for that on the …
Younger Generation Faces a Savings Deficit. – G.G. o o o Items from Mr. Econocobas: Retailer Schism Widens Over Whether to Open Thanksgiving – This is sad, but the broader point is: if we had such a great recovery going on, why are these stores so intensely desperate for sales? Predictors of ’29 Crash See 65% Chance of 2015 Recession – They don’t let on that they are aware of how structurally unsound the U.S. is, rather they point to weakness worldwide dragging the U.S. down; so, to that extent, I disagree. Fed Money Printers At Work: Top 1% Gains …
HJL, We have ordered both ammo and silver through the mail from time to time and my response to my nosy FedEx guy is that it’s batteries for my UPS or the lawn mower. – WKJ o o o Hugh, Regarding MF’s problem with the UPS driver being curious, first of all, the driver knew it wasn’t bullets by the lack of an ORM-D label. It was probably insured, and the drivers know that, too. Tell him you’re getting into developing a wildcat cartridge loading and the box is full of custom machined solid copper bullets in say .284 caliber …
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 …
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 …
Faking It – C.C. o o o The Economy Of The Largest Superpower On The Planet Is Collapsing Right Now o o o Rents are soaring — and so are evictions – G.G. o o o Jim Rickards Exclusive Interview: The Fed Basically Still Uses LTCM’s Financial Models. – H.B.
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
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
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
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 …
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
Silver Coin Sales At U.S. Mint Soar To Highest In Two Years o o o Items from Mr. Econocobas: Most People Cannot Even Imagine That An Economic Collapse Is Coming Ted Butler: The Silver Nightmare Will Be Over Soon Share of First-Time Home Buyers Hits 27-Year Low BoJ Bazooka To Spark Currency War
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 …