Category: Economics & Investing

Economics and Investing:

Some news from Tyler Durden, over at Zero Hedge: As Millions Of Venezuelans Try To Flee The Country They Run Into A Problem. Here is a quote: “…the nation now lacks the materials to meet the soaring demand for new passports – making it almost impossible to leave the socialist utopia.” o o o The US government now has less cash than Google. (Sovereign man) Excerpt: “In fact the government has been extremely careful to keep the debt below $20 trillion in anticipation of another debt ceiling fiasco. One way they’ve done that is by burning through cash.” o o …


Economics and Investing:

When This All Blows Up… (Peak Prosperity) Understanding the how and when of the next economic crash. Sent in by B.B. o o o More money for homeless? Seattle consultants said no last Fall. “But she said the true political challenge remains: how to shift money away from some groups that have been getting it for decades. Of 205 shelters and low-income housing projects reviewed countywide by Focus Strategies, 51 were judged to be ‘low-performing’ for return on taxpayer dollar. To get better results, politicians may have to lop off some social-service providers, who have huge hearts but aren’t cutting …


Economics and Investing:

How Central Banks Enable the Money-Creation Process (Mises Institute) “The key source of money expansion is commercial banks that, via an expansion in lending, set in motion an expansion in the money supply.” o o o ECB Declares Victory Over Deflation: Hallelujah! (MishTalk) “That’s much like shouting hallelujah when you miss the game-winning field goal.” o o o Are Rare Coins Part Of Your Gold Diversification Strategy? (Kitco) “While gold bullion or a typical Gold American Eagle coin tends to track the underlying price of gold higher and lower, rare coins can trade at a premium to spot gold.” o …


Economics and Investing:

SurvivalBlog reader R.V. wrote in: We are officially in a real estate bubble. I went to buy a larger junction box at the electrical supply. Both guys at the counter were talking about what they had made in real estate, and they were both working on getting their real estate agent’s licenses. Hold on to your socks! o o o Could Gold Prices Reach $1,000 Before Summer? o o o Items from Mr. Econocobas: Peak Prosperity: The Coming Great Wealth Transfer Amazing: US Debt Decreased by More Than $60 Billion Since Trump Inauguration– I seriously doubt this trend will last, …


Economics and Investing:

U.S. Shale Kills Off The Oil Price Rally. Oil prices plunged below $50 on Thursday as speculators have started to sell en masse, triggered by record U.S. inventories and quickly rising U.S. shale production. o o o The War on Cash Finds Its General. A review of “The Curse of Cash”, by Kenneth S. Rogoff o o o A breakdown of U.S. debt: It Took $4 In New Debt To Create $1 In GDP – G.G. o o o GDPNow 1st Quarter Estimate Dips to 1.2%, FRBNY Nowcast 3.1%: One Model is Seriously Wrong o o o SurvivalBlog and its …


Economics and Investing:

How the Market Creates Jobs and How the Government Destroys Them – H.L. o o o Your Welfare Dollars Feed State Budgets, Not Needy Families – C.F. o o o No Surprise In Recent Moves In Gold And Silver Prices o o o Top 10 Largest Occupations in the United States Dominated by Jobs that pay $20k to $30k a Year. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Time To Give The Metals A Break o o o Colt Lays Off Custom Shop Director, Other Employees, Company Rumored Gutted – DSV o o o Gold Investing 101 – Beware eBay, Collectibles and “Pure” Gold Coins that are Gold Plated – S.C. o o o Cost of Illegal Immigration Higher than Cost of Securing Borders – G.L. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Here’s an example of a bank you want to avoid o o o Why It Isn’t Game Over For Canada’s Oil Sands. Many declared the oil sands dead after some oil majors withdrew and debooked reserves, but while they may be down, they are definitely not out. o o o Half US can’t write check for 500 HJL’s Comment: Perhaps one of the reasons that they can’t write a check for $500 is precisely because they are constantly buying the newest phone, or 100” flat screen TV, or eating out too much…and so on. It seems that we have forgotten …


Economics and Investing:

China Vows To Refrain From “Mega Economic Stimulus” As ‘Two Sessions’ Begins – H.L. o o o Boomer Parents and their Millennial Kids: Study Regarding Care and Finances o o o 6 Steps Toward a More Sane Economic Policy o o o Gold Drops On Stronger Dollar And Higher Equity Prices o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Web Bot, Bitcoin & The Comex Are All Screaming: “Hyperinflation!” – H.L. o o o Russian arms company “Molot” ( VEPR ) is Bankrupt and will be Sold – T.P. o o o Pepsi lays off 80-100 workers in Philadelphia, blaming soda tax – RBS o o o Draghi’s Dilemma: Eurozone Inflation Hits 2% with Italy on Bond Life Support o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

A disaster in the making: Pension Benefit Guarantee Corporation Running Out Of Cash, Millions Affected – H.L. o o o Systems down all Thursday afternoon for multiple banks in Texas – S.L. o o o What’s Next For Gold Miners o o o Bank Of America Sets A Date For The Market’s “Great Fall” – B.B. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

The End Of A 100 Year Global Debt Super Cycle Is Way Overdue – B.B. o o o NEW UNCOVERED INFORMATION: Why Central Banks Were Forced To Rig The Gold Market o o o Saudi King Goes East In Search Of Friends And Cash. The King of Saudi Arabia is currently on a month-long trip round Asia, aiming to strengthen geopolitical ties as well as secure oil market share o o o Minnesota Democrat Pushes $200K in Annual Taxpayer Gifts for Gun Control Groups – H.L. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. …


Economics and Investing:

US Auto Dealers Forced To Rent First “Overflow Lots” In 37 Years Amid Inventory Glut. Is this one of the canary in the coal mine of a struggling economy? I think so. – H.L. o o o America’s Share of the World Economy – G.T. o o o China’s Richest Win, Mexican Billionaires Lose With Trump Effect o o o Inflation Is Back, And Investors Are Again Turning To Gold o o o NY Teamsters’ Pension Fund Goes Belly Up o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for …


February in Precious Metals, by Everett Millman of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, 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 February? The precious metal markets were robust during February, with strong retail and investment demand driving gold and silver to nearly four-month highs. Platinum and palladium continued the rally that has placed them as the #4 and #1 (respectively) best-performing futures contracts year-to-date. Over the last year, palladium prices have rebounded from a five-year low to …


Economics and Investing:

The Tyranny Of A Cashless Society Coming? – B.B. o o o In the Banker War on Cash, New Zealand and Canada Are the Next Major Countries on the Banker Hit List – B.B. o o o Taxpayers Foot $1M Bill to Clean Up Dakota Pipeline Protest Area – H.L. o o o China Considering Financial Rewards to Encourage Second Children o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.