Category: Economics & Investing

Which Currency Is Up Over 9000% This Year and Sells for Almost as Much as an Ounce of Gold? Easy money? $3 trillion headache on the way for corporations. (A hat tip to H.L. for the link.) Greg P. sent: RBS admits decades of IT neglect after systems crash Items from The Economatrix: The New American Retirement Nightmare: Many Americans Find They Are Completely Unprepared For Retirement “We Are Playing Economic Russian Roulette” David Stockman Fears “Panic” When The “Lunatic” Fed “Loses Control”

B.B. suggested this over at Mises.org: The Fed Must Inflate China’s Gold Rush Continues, Imports Another 131 Tonnes In October Meanwhile, we read: China Is On A Debt Binge And A Buying Spree Unlike Anything The World Has Ever Seen Before Items from The Economatrix: Why Are the Bankers And Ex-Intel Types Running For Their Lives? “I Fear For What’s Coming” – 68 Percent Of Americans Believe The Country Is On The Wrong Track Fake Employment Numbers – And Five More Massive Economic Lies The Government Is Telling You

China’s rich fleeing the country—with their fortunes. (Thanks to R.B.S. for the link.) G.G. sent: Porter Stansberry: The madness of the crowd cannot sustain this rally Items from The Economatrix: Inflation Watch: Thanksgiving Dinner Edition No CapEx Recovery: Durable Goods Disappoint As Capital Goods Orders And Shipments Decline 53% Of Bankers Say Ethics Inhibit Career Progression – Here’s Why

Company accused of preying on faith, not delivering millions of dollars in precious metals. Alt-Market: Expect Devastating Global Economic Changes In 2014 G.G. suggested: Martin Armstrong: Expect Cashless Society, Not Hyperinflation Items from The Economatrix:. Expect Devastating Global Economic Changes In 2014 Will “Rising” Gas Prices Crush The Holiday Spending Spirit? Federal Cuts Biting Into Home Heating Aid

2014 – Internationalization Of The Yuan, The Opening Of Saudi Arabia, The Implosion Of The EU, And Three Of The Last Pillars Of The Dollar Crumble R.I.P. USA November 21, 2013 Items from The Economatrix: Stamp Prices To Go Up 1 Cent In January Applications For Jobless Benefits Fall Again Nasdaq Closes Above 4,000 For First Time In 13 Years

In case you missed seeing it, there was a good summary documentary released in 2012: Overdose: The Next Financial Crisis Items from The Economatrix: Prepare For What’s Coming: “The Largest Financial Collapse This Planet Has Ever Seen” Is The Federal Reserve Looking At Monetizing Student Loan Debt? Paul Craig Roberts:  Federal Reserve And Wall Street Assassinate US Dollar

Under Obama, Your Electricity Costs Have Already Necessarily Skyrocketed Peter Schiff: Another Bubble Set to Burst Items from The Economatrix: Four Fantastic Charts Showing Gold Is Nearing A Major Turn Trickle Down Economic Recovery: Monetary Expansion, Excess Bank Reserves, And Leftovers For Main Street Gold Price Trend Forecast Into the End Of 2013

Ron Paul: “The Fed Steals From The Poor And Gives To The Rich” Banks Syphoning Off The Financial Blood Of Their Customers Today’s Wealth Destruction Is Hidden By Government Debt Items from The Economatrix: U.S. Retail Sales Accelerate In October Dow Ends Above 16,000 For First Time, Boosted By Data China Announces That It Is Going To Stop Stockpiling U.S. Dollars

Reader R.K.D. sent: Fed’s Tarullo details plans to counter bank runs Blogger Mike “Mish” Shedlock is Fined €8,000 Euros by France for Freedom of Speech Items from The Economatrix: US Existing Home Sales Fall 3.2 Percent in October Declining Prices Of U.S. Homebuilder Stocks An Indicator Something Not Right With Housing Market Jim Rogers On QE, Currency Wars, Gold And Inflation

ECB Calling U.S. Out on Its QE Mistakes I heard about a bullion coin company that has launched a retail web site with competitive prices: Upstate Coin & Gold. They sell nationwide. Over at The Daily Bell: Bitcoin: Hoping for the Best After Bernanke’s Endorsement Items from The Economatrix: Warning – NSA To Oversee Individual Bank Accounts & Wealth  Fed Could Taper Even Without Strong Job Market U.S. Retail Sales Signal Rise In Demand; Inflation Tame

J. McC. sent: Guess The Profit Margin Courtesy of B.B.: Marc Faber: The Financial Sector Is The Bubble The Most Important Video You Will Watch Today – Deflation Before Hyperinflation Items from The Economatrix: Bernanke: Recent Jobs Reports Are ‘Disappointing’ Fake Employment Numbers – And Five More Massive Economic Lies The Government Is Telling You Collecting Donations For Wal-Mart Employees That Cannot Afford Thanksgiving Dinner? Establishment Proposes: “Have the Government Give Every Adult a Basic Income”

Report: Government redistributes more than $2 trillion in one year Marc Faber Exposes The Consequences Of A Dysfunctional Political System Foreign Purchases Of US Securities Drop To New Post-Lehman Low Items from The Economatrix: The Red Queen’s Race And The Real Winners From Quantitative Easing: Celebrating The Five Year Anniversary Of Redistributing Wealth To The Top. Bernanke Says Economy ‘Still Far’ From Ideal Why Were Foreigners Large Net Sellers Of US Assets In September?

Reader J.B.G. sent: Silver Eagle Record Set: 40 Million Ounces! H.L. spotted this: Treasury Forced to Issue $1Trillion in New Debt in First 6 Weeks of FY14. Pierre M. suggested this over at Zero Hedge: Money Doesn’t Exist Items from The Economatrix: Will Dry Shipping Cool Off Before it Heats Up Again? Four Debt Collection Practices That Need to Change 2% growth will end U.S. as ‘country of opportunity’

The Biggest Money Printing Of All Time Bitcoin market value now exceeds $750 per BTC. (And the Feds sound nervous…) Items from The Economatrix: Factory Production Rises 0.3% In October Cutting Back On Christmas? 90 Years Ago: The End Of German Hyperinflation Several readers mentioned this: Census ‘faked’ 2012 election jobs report

In today’s economic environment, spot silver below $21 per Troy ounce is a bargain. For those who don’t consistently make dollar cost averaged silver purchases, this is a good time to hedge into physical silver. Some clips from the 2013 Sovereign Man Offshore Tactics Workshop, Santiago: Violent Revolution coming to Europe; Ron Paul, Nigel Farage, Jim Rogers Cue up an Asian rendering of Carmina Burana or some other ominous doom music: Canadian Province Issues Offshore Yuan-Denominated Bonds. (Thanks to AmEx for the link.) Ann Barnhardt: The Survival of Civilization Depends on You. Venezuela jails 100 ‘bourgeois’ businessmen in crackdown. (Thanks …