Category: Economics & Investing

Dear Mr. Latimer, I would value your opinion on the following. I currently have three separate 401k accounts (5K, 40K, and 8K). I have not rolled them into one account because I thought it would be safer to have them spread out. I have this idea that, despite penalties, it would be better to cash them in to apply to my mortgage to pay it down or get a smaller home and have no mortgage by using these funds. My reasoning is that we will have a crash similar to 2008 soon (7 year cycles). I feel that I would …

The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High – H.L. o o o Items from The Economatrix: Here’s The Real Reason Why Gold Is Sliding To A New Low This Gave Durable-Goods Data A Big Boost Top CEOs Get 400% Raises, But For You … 2.9% Gas Prices May Fall Soon Consumer-Confidence Rise Masks Housing Caution

A global crisis of young adult unemployment: 12 countries in Europe have an unemployment rate of 20 percent or higher for adults ages 25 and younger. o o o Items from The Economatrix: Who Gets Your Digital Fortune When You Die? 50 Best Employers For Boomer Workers George Soros Tells America To Take Their Money Out of the Banks Before It Is too Late James Rickards-Financial Collapse And Massive Shortages In Gold Coming

“It’s total moral surrender”: Matt Taibbi unloads on Wall Street, inequality and our broken justice system – RBS o o o Items from The Economatrix: Catastrophic Outcomes May Come Faster Than Expected – James Rickards The Size Of The Derivatives Bubble Hanging Over The Global Economy Hits A Record High A Global Crisis Of Young Adult Unemployment: 12 Countries In Europe Have An Unemployment Rate Of 20 Percent Or Higher For Adults Ages 25 And Younger. As Goes Walmart, So Goes America: “Major Holes Are Starting to Form In Its Business”

It never ceases to amaze me the lengths that the psychopathic, controlling oligarchs will go to in order to strengthen their grip on humanity.  Control and power are the weapons of these few.  While weapons, they will also serve as their demise.  You see, we are not boiling frogs, despite all the fluoride and GMOs we are force fed.  We, the rational minded, can see through the scam.  We are waking up and growing tired of being pushed into the corner.  Awareness of the controlling power mechanism is what is driving us for a better tomorrow. When we first wrote …

What does $600,000 buy you in Southern California real estate? A look at Pasadena, Arcadia, and Torrance. Some boomers cashing in their housing lottery ticket. o o o Items from The Economatrix: This Is Why Hewlett Packard Just Announced Another 16,000 Job Cuts Why Are Boomers Cashing Out In Droves? Because “Everyone Understands The Market Went Crazy Last Year” Richard Russell – More U.S. Lies As The Public Is Going Broke Video: Peter Schiff: Brace For Impact!

Another one bites the dust in 2014. US Regulators Close Small Lender in Ohio. G.G. o o o See No Evil. Inflation is everywhere! – B.B. o o o Items from The Economatrix: U.S. Jobless Claims Jump 26,000 To 326,000 Big Investors Are Betting Against Housing Market The Biggest Economic Threat? Big Companies New-Home Sales Likely Rebounded In April, Economists Forecast

Did the Federal Reserve Launder $141 Billion Dollars Through Belgium to Hide Massive Increase In Quantitative Easing? – H.L. o o o Items from The Economatrix: Fed Focuses On Exit But Makes No Decision: Kocherlakota: Fed Should Target Price Levels Who Is The New Secret Buyer Of U.S. Debt? Is The Economic Recovery Only Statistical?

Darkcoin, the Shadowy Cousin of Bitcoin, Is Booming – G.P. o o o 27 Huge Red Flags For The U.S. Economy. – H.L. o o o Items from The Economatrix: Roommates Are A Financial Lifeline For Some Seniors Did U.S. Economy Just Turn Negative? George Soros Sells All Shares Of Citigroup, Bank Of America And JP Morgan:Is This A Sign Of Trouble Ahead For The Banking Industry? Dollar Collapse Starts in Late 2014-Charles Nenner: ‘I Still Think The Big War Will Come From The Middle East.’

Who Is The New Secret Buyer Of U.S. Debt? JWR’s Comment: In December of 2013, when the protracted rumors of the Quantitative Easing taper finally came to fruition, I posted my conjecture that to compensate for the lost dollar value of the taper, the Fed would make backroom deals with one or more nations to either: A.) Swap debt purchases (their ugly paper, for ours), or B.) Secretly buy more of our own debt, through intermediaries. Based on the Zero Hedge report, it looks like Yellen & Company chose Option B. So here is my next prediction: The truth and …

The Successor to Keynes. – Mark the Hairless o o o Russia, China Plan to Expand Payments in National Currencies. The Demise of the Petrodollar. – G.P. o o o Items from The Economatrix: Jim Rogers Warns: “You Better Run for the Hills!” How Much Do Americans Earn? Average Income Data For Individuals And Households. Stagnant Income Growth For American Families. America Can’t Prosper With Low Rates, Weak Dollar Humor: Risk Of Another Financial Crisis “Very Low,” Geithner Says

No Raises For Anyone: Real Hourly Wages Decline For The First Time Since 2012. – T.F. o o o Why The Fed Won’t Flinch As Unemployment Drops And Inflation Rises o o o Items from The Economatrix: Richard Russell – Shorts May Get Crushed In The Silver Market Full-Blown Currency Wars, Gold, World War III & Serious Panic Ask The Expert – Jim Willie (May 2014) | Sprott Money News : Sharing The US Government Has A ‘Suicide Tendency’, Jim Calls Out The Banking Cabal As The US Dollar Edges Ever Closer To Its’ End A Demographic Time Bomb: Over …

The Endgame Of Keynesianism: Savings Confiscation To Force Spending Now o o o Innovation, American Entrepreneurs and the New Job Agenda o o o Items from The Economatrix: The Meat Crisis Is Here: Price Of Shrimp Up 61% – 7 Million Pigs Dead – Beef At All-Time High Yellen: More Steps Needed To Get Healthy Economy Housing Starts Seen Hitting Four-Month High Homebuilder Confidence Plunges To 12-Month Lows

What Food Inflation? – G.G. o o o Federal Reserve Gone Wild o o o Items from The Economatrix: Fed Laundering Treasury Purchases to Disguise What’s Happening-Paul Craig Roberts De-Dollarization: Russia Is On The Verge Of Dealing A Massive Blow To The Petrodollar U.S. Wholesale Prices Surge In April Why Surge In Wholesale Inflation Is Probably Bogus Rising Resource Costs Escalate Odds of Global Unrest

Jim has often sounded a warning in his commentary about the size of the derivatives market and the risk attendant to that market segment. The article below describes an expansion from the “TBTF” banks to smaller regional banks. – B.C. Regional Banks Are Dipping Their Toes Into A Market Once Dominated By Wall Street o o o Ukraine Just Issued $1 Billion Bonds Backed By The US Taxpayer. – B.B. o o o Items from The Economatrix: U.S. Wholesale Inflation Rising, But Not That Fast Top Forecaster: Economy Not Derailed By Bad Winter Drop In Food-Stamp Enrollment Picks Up Steam …