Category: Economics & 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.

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.

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.

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 …

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 …

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 …

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 …

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 …

From Hubert Moolman: Gold and Silver Boom or Bust – A bit heavy on the charts but interesting nonetheless. o o o OPEC’s No.2 Goes Rogue: Plans 600,000 Bpd Oil Output Increase. Despite talks of an OPEC extension, Iraq, which is OPEC’s second-biggest exporter, has plans to boost crude production to 5 million bpd by the end of the year. o o o I listened to a sermon one time about the phases that many organizations go through. There is the time of passion in which men and women of great passion do extraordinary things and the organization grows like …

After having great success in finding silver half dollars, the intrepid young “Silver Searcher” is still at it. Most recently he found a bank in Oregon that had $2,800 in Eisenhower (“Ike”) dollars available. He really should be searching more carefully, for rare date coins. – JWR o o o When the broader markets crash, the value of the precious metals will really take off: Massive Stock Correction To Send Metals Surging & Elites Lose Control o o o What I learned about the US real estate market this week o o o Short And Sweet: Fed’s New Policies A …

The market marches on to oblivion, ignoring the warning signs: Stupid Is As Stupid Does o o o Permian Pipeline Bottleneck Forces Steep Discounts. Oil production in the Permian Basin has been rising rapidly, and now the pipeline capacity in the region is struggling to keep up, forcing producers to provide discounts. o o o Gold Price Forecast: Getting A Read Of The Next Quarter o o o Record $10 Trillion Paper Gold Trading Market Continues To Depress Price o o o The Next Subprime Crisis Is Here: 12 Signs That A Day Of Reckoning Has Arrived For The U.S. …

Over at Gold-Eagle: The Balance Of Gold And Silver JWR’s Comment: Silver is still grossly under-valued in relation to gold, and hence it has the best long-term investment potential. Part of this is because nearly all gold is recovered as scrap, while a lot of silver ends up in landfills. o o o You know that the markets have escaped reality when: The market capitalization of Tesla Motors now exceed Ford Motor Company. JWR’s Comment: Ford had $26 Billion in net income in past five years, while Tesla has racked up 2.6 Billion in losses. Something is horribly wrong with …

Moscow And Beijing Join Forces To Bypass US Dollar In Global Markets, Shift To Gold Trade. JWR’s Comment: Ruh-ro! (Link submitted by reader G.P.) o o o The War on Cash: Old and New. Excerpt: “It would be a mistake, nonetheless, to think that the outright ban of cash will be the preferred method of our fiat-money lords. The most efficient and vicious method they can use is simply inflation while refusing to emit any new banknotes with higher denominations.” – DSV o o o Baby boom or bust: Retirement withdrawals now exceed contributions. Since 2008 US public debt up …