Sears has lost nearly $1 billion so far this year and it’s just getting started. – J.W. o o o Items from Mr. Econocobas: Obamacare Is A Disaster For Businesses, Philly Fed Finds NAFTA Is 20 Years Old – Here Are 20 Facts That Show How It Is Destroying The Economy Why So Much Anger In Ferguson? 10 Facts About The Massive Economic Gap Between White America And Black America Wall Street’s Take On Jackson Hole: “Yellen Was Not Dovish Enough”
One World, One Bank, One Currency o o o Items from Mr. Econocobas: Map: How Much $100 Is Really Worth In Every State 14 Reasons Why The U.S. Economy’s Bubble Of False Prosperity May Be About To Burst Draghi Gets Weaker Euro – They keeping try to sell that a government driven devalued dollar is a good thing The Italian Job: How Borrowing And Printing Lead To An Economic Dead End
Why The Middle Class In America Is Being Systematically Destroyed o o o Items from Mr. Econocobas: Jackson Hole Guide: Investors Seek Yellen Job-Market View Argentine Bonds Fall on Fernandez Plan to Offer Local-Law Swap Why Retail Sales Are Faltering: Bottom 60% Of Households Have No Real Income Gains Since 2008 The Death (or Rebirth?) of Money – An Exclusive Interview With Jim Rickards
Has The Gold In Fort Knox Disappeared? – D.B. Hugh Notes: Make sure your “Ad Blocker” is turned on when visiting this page. o o o Video and Text: The ugly truth about this bull market – CDV o o o Items from Mr. Econocobas: ECB In Policy Limbo, Boxed In By Its Own Plans A Third of People Have Nothing Saved for Retirement Yellen Dashboard Warning Light Glows as Millions Work Part Time
How The U.S. Dollar Reserve Currency Dies… Slowly At First, Then All At Once. – S.S. o o o 36,000 Madoff Victims Have Not Received a Dime in Restitution; 1,129 Fully Reimbursed. – P.M. o o o How India Evaded The One Bank’s Gold-Embargo . – D.B. o o o 4 Ways the Government Is Set to Take Your Money o o o The Geography Of Jobs: Mapping The Recovery. – H.L.
JWR Suggests: The recent dip in spot silver prices to around $19.50 per troy ounce represents a great opportunity to pick up some physical silver during the summer doldrums. I expect to see silver at $29+ per ounce by November. Several of our advertisers and writing contest sponsors sell silver, including Northwest Territorial Mint, JM Bullion, and GoldAndSilverOnline.com. o o o Soros Bets $2 Billion on Stock Market Collapse. – H.L. o o o Why The Fed Can’t, And Won’t, Let The Stock Market Crash. – J.W. o o o The trend for part-time work sweeping the world: Part-time work …
HJL, I’m a long time reader here and understand you are terribly busy, but I have a question about investment. I have a small sum of junk silver that I’m thinking of using to buy the Backwoods Home Magazine Whole Sheebang with. I’d be getting $400 worth of fine homesteading material for $17.20 in junk silver, and I’m just wondering what your thoughts are on this. They say knowledge is power. Thanks – T.Z. HJL Replies: Only you can make the decision as to whether the trade is worthwhile or not, but here are a few thoughts. Information is power, …
SurvivalBlog reader R.M. wrote in regarding the 20th anniversary of NAFTA. There is a series of amazing videos on YouTube of a Charlie Rose interview with millionaire financier Sir William Goldsmith way back in 1995. In the interview, Goldsmith is very prophetic of the calamity the NAFTA and GATT trade agreements will bring to the world economy. Goldsmith also wrote two excellent books on his warnings about multinational corporations and the threat of globalism. His first book is titled “The Trap”, and a response to the critics of his book is titled “The response to Gatt and Global Free Trade.” …
CITI: The Economy Has Entered Its Scary ‘Phase 3’ Where Bubbles Form Prior To A Crash. – CDV o o o NAFTA Is 20 Years Old – Here Are 20 Facts That Show How It Is Destroying The Economy. – B.B. o o o Items from Mr. Econocobas: How The Big Banks Got “Fixed”: $110 Billion In Settlements And Still Rising Job = Just Over Broke U.S. Mortgage Applications Fall In Latest Week: MBA
Gerald Celente – The Global Ponzi Scheme Is On Its Death Bed. – J.W. o o o 6 Major Flaws in the Fed’s Economic Mode o o o Items from Mr. Econocobas: India Inflation Tops Estimate in Test for Rajan Price Fight Wal-Mart Joins Retail Miss Parade As Sales Disappoint With Profits Slipping, Cisco Plans to Cut Jobs
Make your kid rich for $1 a day – H.L. An excellent read, despite what I think of the market right now. o o o Items from Mr. Econocobas: James Rickards – Cold War 2.0 Is a Financial War Euro Zone GDP: Brace Yourself Japan’s Economy Shrinks the Most Since 2011 Quake on Tax
The World Is Set Up For The Mother Of All Great Depressions – J.W. o o o U.S. Bail-Ins – Fed Vice Chair Fischer Says “Preparing A Proposal” – P.O. o o o Items from Mr. Econocobas: Bank of Korea Rate Cut Expected Under Government Pressure Wages In U.S. Down 23% Since 2008, Report Shows India’s Inflation Fight Starts In The Kitchen
The Event that Triggered a 43-Year Dollar Slump o o o Items from Mr. Econocobas: Behind Those Booming Auto Sales: 7-Year Loans, 125% LTV Ratios, 34% Sub-Prime Borrowers Brace For Japan GDP, It’s Going To Be Ugly One-Fourth Of U.S. Families “Just Getting By”
Why Gold Will Rise When the Dollar Falls o o o Is The Mother Of All Bubbles About To Burst In 2014? o o o Fed Incompetence: Your Financial Bubble Indicator o o o What You Missed at the Sprott Symposium
Expect Historic & Worldwide Financial Destruction o o o Items from Mr. Econocobas: Russia Retaliates With Sanctions Wall Street Isn’t Fixed: TBTF Is Alive And More Dangerous Than Ever Vladimir Putin Signs Historic $20bn Oil Deal With Iran