Category: Economics & Investing

10 everyday things getting slammed by inflation – G.G. o o o Items from Mr. Econocobas: Rising Debt Payments Pressure Argentina to Solve Crisis Why Silver’s Outperforming Gold and Isn’t Done Yet Japan Prices Rise Most Since ’82 on Tax, Utility Fees: Economy Why Government Pension Funds Became Addicted to Risk

Stone Cold Proof That Government Economic Numbers Are Being Highly Manipulated – B.B. o o o Feds Auction 30,000 Bitcoins Seized in Silk Road Raid. – JBG o o o The Slip ‘n’ Fail Mutts o o o A New Recession and a New World Devoid of Washington’s Arrogance?. – B.B.

Hugh, What JM is describing is a Pawn Shop. I owned and operated one for five years. A pawn shop is the “Bank” for the 20 percent (maybe more now) people in the lowest economic strata. The description of the building and accoutrements to do business as JM sees it will not be cheap to acquire, so if your plan is “You won’t be able to act as our current-day, money-grubbing, greedy banksters do.” You might not be able to stay in the business of helping people. Pawn shops in Idaho, Texas, Florida, and some other states allow interest of …

US regulators close small bank in Oklahoma. – G.G. o o o Iraq About US Dollar, Hyperinflation Trouble in 2015-Gordon Long o o o Money: How the Destruction of the Dollar Threatens the Global Economy — and What We Can Do about It o o o Old, broke, and financially unprepared for retirement: Many older Americans are simply unprepared for the costs associated with retirement.

This podcastwith accompanying chart slides is excellent and highly recommended. It explains how QE never really ended (and who might be behind the “mysterious buying” of Treasurys.) It also explains why stock prices keep rising. ~Jim~ o o o 15min Video: ‘America Has Ceased to Exist’: Investment Guru Doug Casey on the Coming Economic Meltdown – B.B. o o o The Obamacare Failure No One’s Talking About o o o The United States of … Europe? o o o Argentina’s debt fight: What it is, why it matters

US Economy Shrinks By 2.9% – The Most Since Great Recession o o o Items from Mr. Econocobas: Seattle $15 Wage Plan Is Unfair to Me Interest Rates Are Setting Up for a Surprise Move? Dollar Falls on Yellen Rates Pledge Amid Mixed Economy Germany Gives Up On Trying To Repatriate Its Gold, Will Leave It In The Fed’s “Safe Hands” Germany Still Wants Gold Back – Repatriation Campaign Continues

Rising Wages, Rising Costs. o o o The Bond Trap – G.G. o o o Items from Mr. Econocobas: The Junk Bomb Ticking Beneath The S&P 500 Peter Schiff: The Bond Trap Video Included: Japan’s Abe Unveils ‘Third Arrow’ of Reforms

Shhh. Don’t Wake Congress. Let Them Sleep Through the Next Wall Street Crash – P.K. o o o Items from Mr Econocobas: One in Four Americans Has No Emergency Savings Argentine Stocks Soar On Possible Debt Negotiations Americans Are Getting Into Debt To Afford Food, Gas The Fed’s “Noisy” Inflation Fantasy

The Fed’s Illusion of Prosperity is Breaking Down o o o Oddly enough, Obama’s bungling and greed over collecting tax dollars may be what finally collapses the dollar as the world reserve currency. This law basically tells foreign banks that if they have U.S. customers or transactions in U.S. dollars, they must share all information with the IRS or completely divest themselves of U.S. dollars. Secret Tax Could Collapse Dollar – B.B. o o o 16 Reasons Why We Are Collapsing As A Nation – D.B. o o o Items from Mr Econocobas: Gold Jumps Most in Nine Months as …

US Regulators Close 2 Banks in Illinois, Florida. – G.G. o o o Energy Markets Are On The Brink Of Crisis o o o Items from Mr Econocobas: Argentina Moves Closer to Bond Default Gold Surges as Global Stocks Gain, Dollar Weakens on Fed Insurance Premiums Soar 49 Percent Under Obamacare

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else – B.B. o o o U.S Department of Homeland Security has told banks – in writing – It may inspect safe deposit boxes without warrant and seize any gold, silver, guns or other valuables it finds inside those boxes! – SDS o o o Items from Mr Econocobas: Argentina: Won’t Submit to ‘Extortion’ on Debt Fed Says Economy “Rebounding” as It Trims Bond Purchases Fed Officials Raise Forecasts of Target Rates for Next 2 Years, Lower Long-Term Forecast on Slowing Growth

An Austrian bank just collapsed! Hypo Alpe Insolvency Is Uncontrollable, Austrian Regulator Says! – A.D. o o o The Austerity Diaries: How Saving Money Is Better Than Earning It – H.L. o o o Items from Mr. Econocobas: Fed Looks At Exit Fees On Bond Funds Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High Gasoline at U.S. Pumps Set to Hit Six-Year Seasonal High Consumer Prices Rise Sharply in May

Fed Prepares For Bond-Fund Runs, Looking At Imposing “Exit Fee” Gates. – RBS o o o Generation R – Millennials are largely living at home or opting to rent. What happens when homeownership is less accessible to younger Americans? o o o Price Index for Meats, Poultry, Fish & Eggs Rockets to All-Time High. – G.G. o o o The Age of Transformation – H.L.