Category: Economics & Investing

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 …

Tax Freedom Day 2013 is April 18 — Five Days Later than Last Year Jim W. sent: 16% of Annual Silver Supply Just Vaporized Dollar Decline Confirmed Items from The Economatrix: Massive $20 Billion Paper Gold Sell Orders Trigger Stop Loss Selling and Unfounded Panic Gold Trader:  Expect Margin Calls Monday Morning as Big Players Do Whatever it Takes to Get Physical Metal Extreme Nervousness in Regards To Collapse — Gold Silver a Must Rule

A Tale of Two Markets: At the same time that the speculative COMEX spot and futures market for silver has been slammed down hard, the physical market for silver has been so frantically bought that it hard to find any pre-1965 “junk” silver or 1-ounce silver rounds for sale. Nearly all of the wholesalers are reportedly sold out of bullion coins! They’ve all been snatched up by eager buyers. Reader Diana V. wrote to mention: ” The local shop I use sells any face amount of junk silver. Up until about two weeks ago [they charged a premium of] 3 …

I heard that some precious metals investors have felt panicky, in the recent sell-off. Don’t panic. The current sell-off was manipulated. The thing to keep in mind is that the U.S. Treasury and Federal Reserve have nearly tripled the money supply in the past four years. So the long term prospects for the metals remain strong. Look at big dips such as these at buying opportunities. The bull will resume his charge. DO NOT sell into the falling market. I recommend buying physical silver right now. Remington Sells Out To NY For $80 Million “Sniper” Rifles Government Contract. Granted, they …

Reader Joe K. sent: Obama’s 2014 Budget Proposal Addresses Coin Composition Changes Damon sent: Railcar Loadings Drop Most Year-To-Date Since Crisis   Items from The Economatrix: Deflationary Fears The Main Reason For Commodities Selloff? Ambrose Evans-Pritchard: EMU Plot Curdles As Creditors Seize Cyprus Gold Reserves Commodities Slump As “Death Bell Rings”; US Stocks Drop