Category: Economics & Investing

First I want to thank Little Fish for offering more explanation to readers on economics and finance. I appreciate the opportunity to respond to the questions and concerns in this post in hopes of providing clarity on the IRA LLC concept and our company.   We at Perpetual Assets are staunch free market capitalists.  We do not like to be handcuffed and would never require anyone to purchase metals from our company. Most of our clients do because we have earned their trust, are competitively priced, executed their IRA LLC conversion perfectly, and provided excellent service along the way. In …

As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives– Diana Items from The Economatrix: Stocks Around The World Get Slammed: Here’s What You Need To Know Video: Eric Sprott on Ukraine Russia War: Capital Controls, Bank Runs, Gold and Silver Forecast Gold ends over 2% higher as Ukraine tensions spike Oil prices spike on Russia sanctions fears Ukraine crisis: 5 financial, economic effects

Truth and Consequences Of Fed Money Printing A serious statistical analysis of Young Worker Deaths at JPMorgan leaves some questions unanswered. – Pam. Items from The Economatrix: As Yellen Said: Jobs Recovery Is Far From Complete U.S. GDP Revised Down, But Hints Of Economic Thaw Emerge Gas Prices Jumping Nationwide

Welcome to SurvivalBlog’s Precious Metals Month in review. Every month, we take a look at “the month that was” in precious metals, covering everything from price action to the information that’s driving the numbers. February In Precious Metals Three major factors for precious metals in February were Chinese physical demand; poor economic news in the U.S. (which was blamed on sequential blizzards); and emerging market crises, especially Ukraine. China Chinese gold sales last month hit 246 metric tons – a record for January – but the pace didn’t slow down after the Lunar New Year as expected. Chinese gold buyers …

I am not suggesting the IRA LLC is the bulletproof solution to government confiscation of retirement accounts. However, the LLC investment company does offer another layer of protection. If the government requires a percentage of accounts be invested in treasuries, for example, they may very well come after self-directed IRAs and require them to sell real estate, metals, or any other asset to fulfill the new bond investment obligation. If they come after these specific self-directed IRA LLCs, the individual has the choice to comply or to not comply. Non-compliance certainly has its ramifications, and I am not endorsing it, …

E.B. – Looks like the fed leadership is introducing the idea of inflation as a “solution”. I don’t think this is a mistake nor a spur of the moment idea. This was probably a planned comment. Fed may need to let inflation run hot to meet goals: Evans Items from The Economatrix: Yellen Repeats Fed Likely To Keep Trimming Asset Purchases Viedeo: RED ALERT VIDEO! RUN, DON’T WALK FROM THE U.S. STOCK MARKET. By Gregory Mannarino Is This Time Bomb Going To Implode The Economy? The Coming Global Monetary Reset

Bye Bye Bitcoin, Hello Hard Assets Household debt first increase in 4 years largely driven by massive increases in student debt. Items from The Economatrix: Applications For US Jobless Benefits Rise To 348K The Affordable Care Act’s Multiple Taxes Confidence Improves as Americans Grow More Upbeat About Economy The Coming Silver Storm: The Public Is Not Prepared

Get Your Popcorn Ready To Watch The Coming Keynesian Self-Destruction Items from The Economatrix: New-Home Sales Rise 9.6% In January Walmart Profit Drops 21 Percent As Food Stamp Cuts, Payroll Tax Hike Pinch Shoppers http://finance.yahoo.com/news/gold-hits-four-month-high-120013054.html

Hello HJL, Just thought I’d let you know I’m a little less than satisfied with Northwest Territorial Mint. I chose them to buy silver from because I knew I could trust a company that your site promotes. While I still trust NTM I feel I should say, however, they should tighten up a little bit. I’ve made four orders so far and received one. I’m quite pleased with that order, but at the same time the turn-around is very long. It took over a month to receive, and yesterday I received an email saying my 2nd order will be delayed …

Rome days away from bankruptcy – CDV Items from The Economatrix: Video: Dr. Jim Willie: Out Of Control Chaos Coming With Shortages Of Gold, Silver, Food, Gasoline Personal Income Faces First Year-Over-Year Drop Since Recession Ended: As Incomes Collapse, Spending Via Consumer Credit Begins To Increase. Spotlight On Economy: Durable Goods Not So Durable? Fed’s Rosengren Sees Significant Job Market Slack

Market Continues To Purchase “All” Allocated Silver Eagles From U.S. Mint. The market is currently buying 70 Silver Eagles to every Gold Eagle. – Steve Items from The Economatrix: Richard Russell – World To Witness A Terrifying Hyperinflation China Starts To Make A Power Move Against The U.S. Dollar JPM To Lay Off 17,000 Mortgage Bankers In 2013 And 2014, Because The “Housing Recovery” http://money.cnn.com/2014/02/21/news/economy/fannie-profit-bailout/index.html?iid=SF_E_River

It has been interesting following the various offerings on this blog having to do with economics, physical possession of precious metals (PMs), IRAs, and such. I believe I have some things to add to the conversation that I have not seen mentioned before and that may be of interest to “preppers”. By way of introduction I consider myself a “survivalist.” I have a degree in Business Economics from a major university. Furthermore, I have been working in the world of banking/finance for the past 30 years. What I am about to offer does not constitute investment or tax advice, rather …

Personal income faces first year-over-year drop since recession ended: As incomes collapse, spending via consumer credit begins to increase. – GLC o o o Bitcoin has taken a blow recently as Mt. Gox, once the worlds biggest bitcoin exchange has stopped trading. Items from The Economatrix: Jim Willie: We Are Well Past the 11th Hour, The Global Currency Reset Looms! This Will Stun The World & Bring Chaos To Global Markets Gov Report: Up To ONE MILLION Jobs Will Be Lost Due to Minimum Wage Hike Global Economy Collapses Despite 4th “Warmest” January On Record

Polar Vortex hits California housing market: California home sales fall over 10 percent on an annual basis. 2014 off to a drought in real estate. o o o Comparing the inflated cost of living today from 1950 to 2014:How declining purchasing power has hurt the middle class since 1950. Items from The Economatrix: Return of Goldilocks Economy Means A Weaker USD, But Beware The 3 Bears U.S. Economy Weather Impact Narrative Getting Confusing

I have subscribed to John Mauldin’s newsletter for quite some time now and while I don’t agree with everything he says, I usually enjoy his writings. I’m looking forward to his series on “income inequality”. Take a look at his latest: The Worst Ten-Letter Word. Warning: An email subscription is required to see the full article. o o o Stoic Cyprus back from the dead after banking collapse – Telegraph – JBG Items from The Economatrix: Fed Minutes Point To Continued Paring Of Stimulus U.S. Home Sales Plunged 5.1 Percent In January Is Food Inflation Coming Back? Return of Goldilocks …