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
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 …
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.
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 …
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
US Homeownership Rate Drops To 1983 Levels: Here’s Why. – G.G. o o o Alan Greenspan: Gold Is A Good Place To Put Money These Days o o o Items from Mr. Econocobas: Obamacare Sends Health Premiums Skyrocketing By As Much As 78% – This is about spot on to what I have personally experienced in the private market as well. Does This Look Like A Housing Recovery To You? From This Day Forward, We Will Watch How The Stock Market Performs Without The Fed’s Monetary Heroin U.S. Economy Up 3.5% in 3rd Quarter, Capping Best 6 Months in Over …
The American Illusion of Prosperity o o o Items from Mr. Econocobas: Japan Finance Minister Will Consider Stimulus after Q3 GDP Data How Will The Stock Market React To The End Of Quantitative Easing Federal Reserve Plans Next Phase as End to Stimulus Program Is Expected- This is a pipe dream in my analysis Fireworks Fly As Peter Schiff Warns “An Economy That Lives By QE, Dies By QE”
In some regions, a top quality metal detector might be a good investment: Massive 6.07 Pound Gold Nugget Found In California o o o Here’s a major risk you’re probably taking without even knowing it (and how to stop it) – S.B. o o o Items from Mr. Econocobas: ECB – 25 Banks Not Strong Enough To Withstand Another Crisis Can’t Find Any Inflation? Here’s A Place To Start Pending Home Sales in U.S. Increase Less Than Forecast Hundreds Give Up U.S. Passports After New Tax Rules Start
Why The $1.5 Quadrillion Derivatives Market Will Disintegrate To Worthlessness o o o Asset protection of retirement funds after Clark. – K.W. o o o 7 things the middle class can’t afford anymore. – G.G. o o o Smoke and Mirrors, Paper and Paste. – C.B. o o o Global Economy Has Collapsed-Andy Hoffman. – J.W.
It Is Time To Embrace the New Refrain “Got Silver?” – G.G. o o o Saudi Arabia: Producing More Crude, Selling Less? o o o Economic Collapse Lies Just Around The Corner o o o Weimar Germany, Global Bank Takeover, Gold, Silver & Oil o o o JP MORGAN GOLD INVENTORIES: Fall A Stunning 33% In One Day. – J.W.
The Fed “IS” the Problem!. – JFJ o o o Russia Adds A Record 1,200,000 Ounces Of Physical Gold To Their Reserves o o o Homage to Catalonia: Why These Secession Movements are Growing o o o Items from Mr. Econocobas: Weak Yen’s Tap on Worker Wallets Fuels Debate ECB Bond Purchases Seen by Traders Exceeding $1 Billion
Regulators Close Small Illinois Bank. – G.G. o o o Items from Mr. Econocobas: 50 Percent Of American Workers Make Less Than 28,031 Dollars A Year Amazon’s Loss Makes Holidays A Question Mark Low Inflation? The Price Of Ground Beef Has Risen 17 Percent Over The Past Year Saudi Arabia Surprises with Less Supply, Oil Price Jumps
The Many Roads to Currency Ruination – G.G. o o o Whistleblowers: IRS Officials Behind ‘Fraudulent’ Multi-Billion Dollar Corporate Tax Giveaways. – CPL o o o Items from Mr. Econocobas: There Is A Plunge Protection Team – It’s Called The FOMC – Again an economy that lives by QE will die by QE…
Fear of Ebola Now Creating Weakness in U.S. Stocks? o o o Permanent Damage to US Economy-Michael Snyder. – J.W. o o o Items from Mr. Econocobas: Chris Martenson- How The Federal Reserve Is Purposely Attacking Savers – This is a little slow to develop but a nonetheless a great article. Slump in Mortgage Rates Fails to Rally Home Buyers David stockman- Wall Street Is One Sick Puppy—–Thanks To Even Sicker Central Banks 19 Very Surprising Facts About The Messed Up State Of The U.S. Economy
Mr Rawles, I’m reminded today of a line from your Patriots series describing the crunch as “like watching a snake eating its own tail.” Today’s economic news is exactly that– Terror of Ebola and rising interest rates forces investors to dump their dollars into treasuries, artificially lowering interest rates and creating a new housing bubble. This fear in turn leads to a “reconsideration” of raising interest rates and ending bond purchases by the Fed. In the interest of moderation, I intend to withdraw the majority of my 401k Monday and pay off the mortgage on my retreat, leaving only enough …