Category: Economics & Investing

Reader C.D.V. suggested this article: Spain Is Beyond Doomed: The Two Scariest Unemployment Charts Ever M.E.W. sent: Run on Guns: AR-15s Sales Soar. JWR’s Comment: A modern battle rifle is a great example of a practical, barterable tangible investment. You can only shoot a bad guy with a Krugerrand with the aid of a sling shot, and that constitutes a very inefficient use of resources. M.M. sent this ominous news from Canada: Conservative 2013 Budget May Allow Banks to Confiscate Customer’s Deposits Items from The Economatrix: Jim Rogers:  Every Government Debasing Their Currency, Gold Going Much Higher The Global Economy …

This confirms my assertion: The Spot Price of Precious Metals Is Becoming Irrelevant Pete H. sent this from Paul Farrell: 10 investing rules for the coming bond crash The drawn out impact of quantitative easing on real estate: Japanese real estate continues to struggle while Bank of Japan expands monetary base. JWR’s Comment: Back in the 1930s, folk comedian Will Rogers was famous for saying: “Buy land: They ain’t making any more of it.” The modern-day corollary is: “Avoid Dollars: They can make as many of them as they want to.” Items from The Economatrix: Jim Willie: Physical Gold Premiums …

Gold Forecast 2013: On the Verge of a New Monetary Order and Gold’s Rise H.L. sent: Syrians Turn to Backyard Refining as War Reaches Oil Gold & Silver – War Unofficially Declared on 12 April 2013 Items from The Economatrix: David Woo Warns Of Major Market Re-alignment Deflation:  A Three-Act Play Jim Sinclair:  Swiss Bank Just Refused To Give My Friend His Gold Physical Gold & Silver Shortages Are Accelerating; Premiums Exploding

Unprecedented Shortages of Ammunition, Physical Gold and Silver New standard for loan loss reserves triggers controversy A useful primer video: I Am Gold Items from The Economatrix: Fed Governor Stein Warns When A TBTF Bank Fails, Depositors Will Be Cyprus’d Americans Grow More Pessimistic On The Economy History Tells Us That A Gold Crash + An Oil Crash = Guaranteed Recession

Burke C. suggested: America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes Jim Rogers: It Pays To Be Worried, and To Be Skeptical Albert Edwards: Stocks Will Crash, Hyperinflation Will Come, And Gold Will Go Above $10,000. (Thanks to Jim W. for the link.) Items from The Economatrix: Prof. William Black: Felons in Charge of Financial Institutions – Banking System Meltdown Coming? Inflation Is Very, Very Low.  Time to Worry? Three Reasons the Housing Recovery May Not Last

TPC: Distribution of the Tax Burden in Obama’s 2014 Budget H.L. sent: Putin Demands Proposals to Stem ‘Alarming’ Economic Slowdown B.B. suggested: These are Perilous Times Jim Rogers Items from The Economatrix: Dave Hodges: Economic Armageddon Is Imminent There is a Run on Physical Gold and Silver, that’s why the Feds are Attacking It! This is the first time in human history in which all the world’s major currencies are collapsing together! Jobless Rates Plummet In States With Housing Recovery

Tyler Durden reports: Gold And Silver Physical Market And Inventory Update From The Source: “In A Word, Ugly.” The Silver Market: An ‘Operation’, Not A Liquidation Sinclair – Swiss Bank Just Refused To Give My Friend His Gold Items from The Economatrix: No Food Inflation?  Take A Look At Lettuce Leading Indices Drop Points To Slower US Growth Home Building Rises To Key Milestone

Ken J. sent me a troubling piece that was published three years ago: The Just-in-Time Consumer Merkel To Europe: “Prepare To Cede Sovereignty” Ronald Stoeferle: “Last Week We Were Really Close To A Default of The 130-to-1 Paper Gold Market” Items from The Economatrix: The Terrifying Reality Of Long-Term Unemployment Inflation, Factory Data Favor Continued Fed Easing Arizona Becomes Second State To Approve Gold And Silver As Legal Tender

Switzerland Revises 1934 Banking- Act to Allow Bail In Deposit Confiscations Getting physical: Refiners Can’t Keep Up With Massive Global Gold Demand. (Thanks to Jim W. for the link.) Gold Price Attack First US Response In Currency War Escalation Items from The Economatrix: For Every Job Opening, There Are Three Unemployed Americans Explaining The Disappointing Jobs Report Maguire — LBMA Default Triggered Gold & Silver Takedown

There has been a suggestion for a May 1st strike on the banks. Withdraw your extra cash and buy silver! G.G. flagged this: FDIC closes two banks in Florida, one in Kentucky Items from The Economatrix: Retail Sales Down In March Jobless Claims Point To Fewer Layoffs Firms Are Firing Less, But Not Hiring Enough

Hinde Capital: “One of These Days I Think Gold Will Go To $5000—But When It Does, Nobody Will Own It” The world’s biggest container ships prepare for delivery Score: Banksters Two, Gold & Silver Zero Items from The Economatrix: 100 Years Old And Still Killing Us:  America Was Much Better Off Before The Income Tax Flashback: Warning: Watch The Metals, When They Dip. It Will Be A Good Indication That Things Are About To Happen Top Gold Analyst:  “We Can’t Imagine What It Would Be Like If There Were True Chaos”

Global Physical Gold & Silver Demand On Fire Amid Price Drop Paper-Gold Holders Flee To Real Metal Why a Dollar & Euro Collapse Is Guaranteed The European Commission Lays Out The True Blueprint For The Future Of Every European Country Items from The Economatrix: Is Bernanke’s Worst Nightmare Just Around The Corner? Is The Takedown Of Gold A Sign That The Entire Global Financial System Is About To Crash? Criminal Cartel Attacks:  No Shelter Until They Have It All

Fewer Americans Now View Their Income Taxes as Fair. The 55% who say their taxes are fair is lowest since 2001. (Not mentioned here is the fact that 47% of American adults pay NO Federal income tax!) So next we must ask the more apropos question: What percentage of actual TAX PAYERS consider their taxes “fair”? Jim Rogers Cites Four Key Forces Fueling The Current Gold Sell-Off   U.S. Economy Fundamentally Tormented; No Amount of Money Printing Can Fix It   Precious Metals Retailer Says They Have Been Experiencing Astounding Volume. US Mint Sells Record 63,500 Ounces Of Gold In …