Bail-Ins Coming? World’s Oldest Bank “Survival Rests On Savers” – DSV o o o America created 10 million new jobs in the last decade. Almost all of them are temporary or contract gigs. – G.G. o o o GM Inventories Highest in 8 Years, Multiple Plant Shutdowns Coming o o o U.K. Retail Sales Grow at Fastest Pace in More Than a Year o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
JWR: Trump is savvy. He will split the bankers if he is aggressive in eliminating Dodd Frank. Reinstatement of Glass-Steagall may also be perceived as favorable by many main street bankers as less regulation will be necessary. He will need to win over that chunk of the banking world as he has planned to go after the “Carry Trade” exemptions, which will alienate investment bankers. The FDIC is not on the investment banker side of things. I am trying to remember what it was like in the 1980s when Reagan’s policies took hold. I think it comes again. Without a …
The War On Cash And Then On Gold And Silver o o o Who Won The 2016 Oil War? Heading into the New Year with oil prices above US$50, both OPEC and the U.S. shale industry are claiming victory in the latest oil war battle, but who really won it? o o o Chinese Rush to Open US Dollar Forex Accounts: More Capital Controls Coming o o o Will A Stronger Dollar Cause a Trade War with Europe? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Six Steps Trump Can Take Toward Better Monetary Policy o o o Ukraine Nationalizes PrivatBank to “Preserve Stability” (Hide Insolvency) o o o The 401k has been a disaster for most Americans: Only 44 percent of private sector workers participate in a defined contribution plan. o o o Prelude To Global Collapse And How Swiss Refiners Just Exposed The Big Lie In The Gold Market o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
John Williams: The Federal Government’s Fake News o o o Reflections on the War on Cash o o o Welcome back debt! Total household debt rose by $63 billion last quarter, pushing total household debt to $12.35 trillion. More than half of the debt increase came through auto loans. o o o Gold Ignores 4.7% Drop In U.S. Building Permits In November o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Do Americans really need to worry about a financial collapse in world money markets leading to national rioting and chaos? History shows it has happened before in many countries around the world and many so-called experts say we do, but they are leaving out the most important details. Of course, when the media voices the opinions of the “experts”, that alone builds some worry into financial markets. Some astute observers may ask if this is by design and if by doing so they intentionally create niche markets for the products and services they sell related to gold and silver hedges …
Will Gold Prices Drop Below $1,000? o o o Perpetual Assets interview with Jim Willie with many topics covered. o o o Japan Dethrones China as Top U.S. Foreign Creditor o o o Economic Science Has Been Hijacked o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
I predict that there will be a directly proportional relationship between the rapidity with which President-elect Trump implements his planned reduction of government policies and the rapidity of the Federal Reserve banking cartel’s interest rate hikes. The harder that Trump pushes, the harder that The Powers That Be will push back. In the end I believe that they are willing to collapse the credit market, crash the stock markets and collapse the value of the U.S. Dollar on the Forex rather than see Trump make any substantive change. Be ready for the events that will follow January 20th, 2017. There …
Pension Ponzi Squared: New Jersey Wants To Sell Debt To Its Own Insolvent Funds – B.B. o o o Fake Silver Coins: 14 Ways to Spot Counterfeits – K.T. o o o War On Cash Escalates: Australia Proposes Ban on $100 Bill; No Cash Within 10 Years? – B.B. o o o Canada’s Oil Exports Are Dead Without U.S. Shale Production o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
$213,300,000,000: Individual Income Taxes Set Record in First 2 Months of FY17 – B.B. o o o The Case For And Against Universal Basic Income. What is terrifying is the fact that some libertarian thinking economists think a basic income is a good idea. – B.B. o o o Leaked Memo Reveals Trump’s Energy Priorities. While the selection of ExxonMobil CEO Tillerson for State Secretary stole the headlines, a leaked memo on Trump’s energy priorities could be moving the markets o o o Buoyant Markets Pose New Challenge for the Fed o o o SurvivalBlog and its editors are not …
IRS Wants Court Authority To Identify Bitcoin Users & Transactions At Coinbase o o o What Could Strengthen Gold Heading Into 2017? o o o As The Power Struggle Endures, Libya Eyes 900,000 Bpd Oil Output Libya will be increasing oil production by one third, eying 900,000 bpd total out as the struggle for the control of exports facilities continues. o o o Sovereign funds pulled cash from world markets for third year running o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Here it comes, just as JWR predicted: Fed to raise rates as Trump economy looms. o o o From the desk of Mike Williamson, SurvivalBlog’s Editor at Large: Black market cash in India – There are so many ways around this. o o o Bitcoin Users Who Evade Taxes Are Sought by the I.R.S. – H.L. o o o Venezuela Orders Largest Bills Turned in Ahead of New Bank Notes – G.P. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Hi, sir! I just listened to an interview Mr. James gave on the XX2 Spotlight Report and wanted to ask either you or he a question. I have been following the economy for quite some time and now, as Mr. Trump prepares to enter office (if he actually gets in!), I am getting nervous about the banks. I heard Mr. James mention silver and swiss francs but not gold, and then he mentioned paypal. I have none of the above! I have no idea HOW to buy silver, gold, et cetera, and an investor I met in passing the other …
Carrying Cash? Be Ready to Lose It – B.B. o o o China Faces Off Against World on Open Global Markets o o o Raging Stocks, Fed Fears Trigger ‘Dislocation’ in Global Markets o o o There Is Trouble Brewing Below The Surface o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Market Insanity Reaches Record Highs As Investors Flock Into The Biggest Bubble In History o o o Gold-Futures Selling Exhausting o o o Silver Manipulation Case Growing; Plaintiffs Wanting To Add More Banks To Lawsuit o o o The McRib and Economic Calculation o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.