Economics and Investing:

Why Americans have stopped moving. JWR’s Comment: What is missing from this otherwise good article is a mention of the fact that people aren’t moving because they recognize that the economy is stagnant, and the “recovery” was just a resurgence of spending propelled by debt rather than a genuine renaissance. In essence, Americans are hunkering down for the Second Great Depression. o o o Is Aramco IPO Behind Saudi Eagerness For OPEC Cut Extension? Saudi Arabia, Kuwait, Iraq, Algeria, and Angola have all stressed the need for further production cuts in order to return markets to a state of balance. o o o Here’s a new report from PeakProsperity.com contributing editor Charles Hugh Smith that explores the opportunities & challenges of maintaining a separate “Plan B” retreat property – something prudent people are increasingly considering during these volatile times. Maintaining a functional separate retreat residence is a responsibility that comes with real costs and complexities. But if done right, it can yield great returns during both good times and bad. o o o More reason to own tangible precious metals. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for … Continue reading

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Economics and Investing:

China Ready To Cut Oil Supplies To North Korea. Beijing is ready to cut oil supplies to North Korea as the country continues to conduct nuclear missile tests. o o o Miami condo market acting as if it is 2007: Condo market in Miami is saturated with units and inventory is growing. o o o Drop In Gasoline Causes U.S. CPI To Fall 0.3% In March o o o Tax Day. Excerpt: “The first great lesson to learn about taxation is that taxation is simply robbery. No more and no less.” o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

Gold Prices Near Five Month High: Is More Climbing In Store? o o o Federal government reports deficit of $526 BILLION despite record-breaking income and payroll tax collection – G.G. o o o 104 Years of the Income Tax: Then and Now – B.B. o o o Goldman’s $50 Forecast May Prove Bullish. Goldman Sachs is standing by its oil price forecast of $50 a barrel, predicting stability but a limited upside in the future. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

Gold Owners See Massive Jump in Value on Fears of WWIII o o o Video interview: Peter Schiff: Yellen’s Fed Bad for America but Will be Good for My Investments o o o Using Postage Stamps for Money – DSV o o o Wind & Solar Technology Won’t Stop the Collapse Of The U.S. Empire o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

Deutsche Marks Still Being Hoarded as Hedge Against Euro – DSV o o o Stupid Asset Protection Tricks. A short list of things not to do with your assets. You might think this is obvious, but there are apparently those who still do it. – H.L. o o o Turkey to Confiscate Gold in New Clever Way – To Help Citizens Earn Money – DSV o o o Gold Spikes On Foreign Policy Fears o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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March in Precious Metals, by Steven Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainseville Coins, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers. What Did Gold Do in March? Gold started March on pretty good footing, having gained over 3% in February. However, better than expected economic data in the early part of the month soon sent the dollar and stocks soaring and gold falling below $1200 an ounce on expectations that the Fed would certainly hike interest rates at their March meeting. Prices recovered sharply after the rate hike, though, because Yellen sounded like she didn’t want to raise rates again anytime soon. Precious metals put in a strong performance to end the quarter. Palladium was in first place on the Barcharts YTD Futures chart by far, ending the first quarter $115.50 higher, a gain of 16.89%. Silver earned the #2 spot, posting a 13.42% gain for the quarter. Gold ended the first quarter 7.61% higher, gaining $87.90 an ounce, while platinum continued to sink into the middle of the pack, with a 4.03% gain. Factors Affecting … Continue reading

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Economics and Investing:

An uncomfortable conversation on a plane ride: How to cut your taxes no matter what your situation o o o Is Another Bust Looming Over The Oil Industry? Global demand growth has been slowing over the last decades, which could spell trouble in the coming years if the oil industry does not plan for the change. o o o War on Cash: ECB, EU on collision course with Germany – DSV o o o Toshiba Warns Westinghouse Nuclear Losses Jeopardize Its Future. “The disclosure came Tuesday as the Tokyo-based company took the unusual step of reporting third quarter earnings without approval from its auditors.” o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

The U.S. Rig Count Is An Over-Rated Indicator Of Future Oil Prices. There are many other forces at play in global oil markets other than how a rising U.S. rig count and allegedly massive advances in rig productivity will suppress oil prices forever. o o o Cash Is Dead. Long Live Cash. The push to end hard-currency payments in favor of digital ones keeps hitting speed bumps – P.S. o o o U.S. Gold Bullion Exports To Hong Kong Surge, 82% Of Total Shipments o o o IMF Plan to Force a Cashless Society On World Unfolding – Here’s How – DSV o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

How much is $100 worth in every state? Compare that to a similar report done in 2015: How much $100 is really worth in each state . You can see one of the huge reasons some states are losing population and others are gaining. – H.L. o o o Chart of the Day: Advance/Decline Line. The Advance/Decline line is diverging from the market. Odds strongly favor that the market will soon push higher to new all-time highs o o o Rent Control Makes for Good Politics and Bad Economics o o o Florida ‘Boutique’ Linked To South American Gold Smuggling Plot o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Economics and Investing:

The ultimate central bank: IMF De-Cashing: Soft-Selling Financial Enslavement – b.b. o o o Reader H.L. sent in this link that may help homesteaders and farmers gain a little extra income: Making Extra Income On Your Farm Or Rural Property o o o 5 Things to Watch in the March Jobs Report o o o Nobody Is Saying Anything About How U.S. Earnings Season Will Go. With such a drastic difference between the real-world and the published economic numbers, is it any wonder? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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Two Letters Re: My Family Preparedness Plan, by R.S.

Hugh, As the article observes, silver will be more useful in small denominations. My question is: How will sellers recognize that “junk silver” has more than face value, and how will that value be determined? – RJB HJL’s Comment: Junk silver has the advantage of being widely recognizable, and the smallish value as well as the wear and tear that it already has makes it harder to counterfeit. It certainly has a distinctive look to it and is easy to evaluate. It will not take long for that value to be recognized and established. As to what that value is? Whatever it takes for the seller to part with the silver and whatever the buyer is willing to spend. It’s only worth what you can sell it for. o o o HJL, I was raised without electricity or running water pretty far out of any town. I will go back to that way of life and plan on living a simple, cautious life. It isn’t difficult if you have patience and appreciate the simple life. – puzltock HJL’s Comment: Having already experienced that lifestyle, you have an advantage, but it may not be as simple as most think. My family … Continue reading

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Economics and Investing:

Illinois Revenue Freefall: Fiscal Year-to-Date -8.1% and Worsening. Sadly, my state of Connecticut seems to be going down the same path! Now they are talking about a HUGE tax on our hospitals! – H.L. o o o Time To Hedge State Reserve Funds With Gold. Excerpt: “Financially prudent individuals set aside surplus funds to protect against unforeseen expenditures. This way, when faced with loss of income, house repairs, car trouble, or anything else, they will have a buffer against unanticipated downturns.” – H.L. o o o Stores Are Closing at a Record Pace as Amazon Chews Up Retailers. Sad. Soon everything will have to be purchased online or over the phone. ‎- DSV o o o QE Infinity And The Two Biggest Risks To World Markets o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

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