Letter Re: The Economy, Trump and Tax Proposals

HJL: I just attended my insurance agent’s coop annual meeting where a “behavioral economist’ spoke. One of his points is that GDP growth is limited to 1.5% by the available labor, even allowing for the higher percentage that is U-6. He says the gap has narrowed but always present. I look at the change in the tax code to promote repatriation of funds held overseas and a potential repeat of the accelerated cost recovery rules on depreciation that powered the Reagan revitalization along with the convergence of robotic technology and wonder if any jobs would be produced by the wave …




Economics and Investing:

Donald Trump Has a Goldman Sachs Problem: Derivatives o o o He’s still at it: The Find Of A Lifetime…120 Silver Half Dollars! o o o Not that there’s any inflation, but . . . o o o Items from Mr. Econocobas: When The Rich Become Preppers, It’s Time To Worry o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

US Dollar Index Weakness…Implications For Gold Prices o o o Trump’s Trade Policy To Drive Price Inflation And Gold Buying o o o The standard wage for an American is $29,000: Social Security data reveals raw figures for the wealthiest country in the world. o o o The -other- “ban” that was quietly announced last week o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.







Economics and Investing:

UBS Clients Pull $15 Billion in Quarter as Margins Decline o o o Things to Watch in the Fourth-Quarter GDP Report o o o US UK Trade Talks to Begin Immediately In Defiance of EU Rules: What’s Trump Up To? o o o Don’t Threaten Business with a “Border Tax” — Instead, Make the US A Good Place to Do Business o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

Europe Proposes “Restrictions On Payments In Cash” – DSV o o o Gold Prices: Looking For A Bottom Next Week o o o Future Silver Supply Will Be More Vulnerable Than Other Metals o o o Switzerland’s Gold Exports To China Surge To 158 Tons In December o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

US stocks are now the most overpriced since the 2000 crash. o o o Tech billionaires reportedly stock up on ‘apocalypse insurance’ o o o China Said to Order Banks to Curb New Loans in First Quarter o o o Gold Remains Down Despite 10% Drop In December New Home Sales o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

Correction Targets For Gold Price, Silver Price And Miners o o o The 6 U.S. States Most Impacted By The Oil Bust. – An S&P report reveals that the eight largest oil producing states have seen their economies contract significantly in 2016 as a result of low oil prices. o o o Steve Mnuchin Defends the Myth of Fed Independence o o o The 4 Horsemen of the US Debt Apocalypse: 80 percent of federal government operation costs go to four areas in Health and Human Services, Social Security Administration, Veterans Affairs, and Department of Defense. o o o SurvivalBlog …




Economics and Investing:

This Is What It Looks Like When A Trump Nominee Declares War On The National Debt o o o Video: Why Are These Horses Under A Giant Table? – Mike Maloney o o o Video: Hacks for Buying Gold or Silver Bullion Cheap o o o Historical Official Records Reveal Gold’s Value Should Be 20 Times Higher o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

Why Cheap Natural Gas Is History. A rapidly tightening natural gas market could see natural gas prices rise to $4 mmBtu as supply slumps and demand remains firm. o o o Will Trump Usher In An Era Of Sound Money? o o o The US dollar is now overvalued against almost every currency in the world o o o Feds Should Reimburse Texas for Border Security Expenses, Say Congressmen – I agree; protecting the nation’s borders is a Federal duty. – H.L. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos …




Economics and Investing:

The Bank of England and the ECB Have a Credibility Problem o o o French First Round Socialist Primary Winner Proposes Tax on Robots, Universal Income, Right of Foreigners to Vote o o o Silver Price Showing Signs Of Even More Confidence? o o o China Battles The U.S. For World Dominance. With continued propaganda about the demise of China, the Chinese are battling the U.S. to lead the world. This is also important for the gold market. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

South Jersey bank is the first to fail in U.S. this year – G.G. o o o An Entire Shopping Mall Just Sold for $100 o o o David Rosenberg: “The Travesty Is We Have 23.5 Million Americans Aged 25-To-54 Outside The Labor Force” – B.B. o o o Did The Free Market Kill Coal? 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 Post-Inauguration Gold Price Forecast o o o Declassified CIA Memos Reveal Probes Into Gold Market Manipulation – H.L. o o o Items from Mr. Econocobas: Obama Leaves U.S.A $9,335,000,000,000 Deeper in Debt– Keep in mind though, and this is important, he is not the first or even the worst at adding to the debt on a percentage basis. Ronald Reagan being one of the worst offenders, more than doubled the national debt under his presidency. The point here is not to defend Obama but to point out that we need to educate people that it doesn’t matter which party …




Economics and Investing:

Student Debt Payback Far Worse Than Believed – G.G. o o o Nobel Prize winner says US should “get rid of currency” – DSV o o o How To Tell If Gold’s Rally Is For Real o o o Dollar dips on less-hawkish Yellen, awaits Trump inauguration o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Letter Re: Seeking Silver Half Dollars

Hugh, Yes, this is true. Most banks do not have any halves on hand. It’s been a few years since they have even been minted for circulation. Ordering a box of $500 is the minimum, and they will expect you to take the box. Some banks even have $1000 min to order. Some banks do not want to be bothered at all. Most likely a bank that you [regularly] bank with will order them, and then you have to dispose [of them]! The bank you order them from will not want them back. Maybe the first time, but not thereafter. …