Category: Economics & Investing

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.


Economics and Investing:

A number of SurvivalBlog readers have written in about the March 17, 2017 date as a doomsday for the U.S dollar. However, we must realize that just like every other time the debt ceiling has been reached, there will be much gnashing of teeth, name calling, threats, and insults hurled across the aisle of congress, but in the end, the debt ceiling will be raised. One of the best instructional videos on the current economy that I have seen comes from Mike Maloney. In part 4 “The Debt Ceiling Delusion” Mike talks about why this is so. (The debt is …


Economics and Investing:

N.Y. retirees struggle to survive after pension fund bottoms out – B.B. o o o Americans now Hold Over $4.1 Trillion in Consumer Debt: Last Debt Bubble Peak was at $2.5 Trillion – B.B. o o o Dutch Parliament to Debate Leaving the Eurozone: Nexit on the Way? o o o Economic Globalization Is Not Political Globalization o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Letter Re: Metal Value of US Coins

Mr. Latimer: There’s a curious development in metal prices. Because of the recent strength in the zinc price and relative weakness in copper and nickel prices, it is the case that $1000 face value of “new” pennies (post-1982) is worth more than $1000 face value in nickel coins. As of today’s prices, the corresponding values are $734.37 for new pennies vs. $715.75 for nickels. I endorse and practice the discipline of saving nickels. There is an excellent track record of them being worth a premium to face value. As it makes sense to keep an ample supply of cash on …