Economics and Investing:

Grey Champion Assumes Command (Part Two) – An interesting look at the current economic struggle and the expected outcome. o o o They’re Growing Older. Their Mortgage Debt Is Growing Deeper. – G.G. o o o James Rickards: End Game for the Global Economy o o o Housing in a time of rising mortgage rates: A big jump in mortgage rates is here to stay for these reasons. 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 Peak & Decline Of International Reserves Warns Of Massive Asset Deflation Ahead o o o Dollar Extends Record Streak of Gains Versus Euro on Trump Plans o o o Trump Is Making Bond Markets Nervous o o o Why the Dollar Remains the World’s Reserve Currency o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Economics and Investing:

Gold Forecast: What Now For Future Gold Price? o o o Items from Mr. Econocobas: National Debt is growing Faster Than You Think Yellen Says Interest Rate Hike Could Come ‘Relatively Soon’ – Let’s get real, the Fed said it would raise rates 4 times this year, so far it has yet to do so. They have no choice but to raise rates given the super high expectation to do so.. Do we have the same effect as last year or does the current “Trump Effect” stem that movement. I don’t yet see any fundamentals that change that but this …




Economics and Investing:

A major danger of paper money: Rupees cancelled– DSV o o o Saudis, China Dump Treasuries; Foreign Central Banks Liquidate A Record $375 Billion In US Paper – G.G. o o o The US Dollar Index just hit its highest point since 2003. This might be a good time to diversify into some select foreign currencies. My current favorite is the Swiss Franc, which just hit parity with the US Dollar. – JWR o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Letter Re: Fingerprinted To Sell Gold Coin

Hugh, In regards to this letter, I suspect that the ID is not so much an overt surveillance mechanism but rather a tool to prevent and or apprehend those who traffic in stolen merchandise. Locally, pawn shops are required to submit daily reports to the police department cataloging all incoming merchandise, and there is a “pawn shop detail” of officers whose function it is to review and compare those records to reports of stolen goods. Several well-documented arrests of burglars and others dealing in ill-gotten gains have resulted. – C.S.




Economics and Investing:

Why India wiped out 86% of its cash overnight – G.G. o o o War on Cash intensifies: Citibank to stop accepting cash at some branches – DSV o o o Gold Price Forecast: Bearish Pattern Calls For Caution o o o The US Dollar Index just hit its highest point since 2003. This might be a good time to diversify into some select foreign currencies. My current favorite is the Swiss Franc, which just hit parity with the US Dollar. – JWR o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our …




Letter Re: Morgan Silver Dollars

Dear Editor, In one of your guest articles today a gentleman mentioned that the old Morgan dollars are almost one ounce of silver. This is incorrect, and this rumor has been used by numerous unscrupulous dealers in the past to cheat customers. I’ve worked in the precious metals business for four years now, and I hear many such horror stories. Please let your audience know that the old Morgan and Peace dollars only contain .7734 ounces of silver, closer to three quarters versus a full ounce. – R.L.




Economics and Investing:

Saudi’s Issue Warning To Trump: Don’t Stop Saudi Oil Imports o o o National debt is growing faster than you think – B.B. o o o For anyone who believes that the Trump administration’s planned tax policies will result in an economic revival, I’d recommend parlaying some of their gold holdings into platinum, since platinum is more of an industrial metal. Presently, gold is selling for around $1228 per troy ounce, while platinum is at around $940 per ounce. In an industry-driven economic recovery, the gold-to-platinum price ratio is almost sure to return to its historic norm, with platinum selling …




Economics and Investing:

GrubHub Loses MILLIONS After CEO Demands Trump Voters Resign – W.C. o o o Chinese Steadily Buying U.S. Entertainment Businesses – H.L. o o o India’s War on Cash and the Poor o o o The most expensive housing market in the world: Vancouver levies a $10,000 a year tax on empty homes. Not telling the truth and it becomes $10,000 a day. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Letter Re: Purchasing Power

HJL: That was a great article series. I personally work to create things with my knowledge, skill, and labor that will ride with inflation. Since I do it myself, my labor goes into the thing that rides with inflation without being taxed. I’ll also note that insurance companies watch very carefully what they will have to pay to fix your car or your house and adjust rates accordingly. My income is a percentage of that premium. My income is therefore indexed. The other side of the coin is that when business activity drops by half, like it did in contracting …




Economics and Investing:

Silver advances boost demand – DSV o o o Why President Trump Will Fumigate the Fed o o o Markets Are Changing, And People Are Going Crazy o o o Whistleblower Andrew Maguire – This Is What The Commercial Banksters Are Up To 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.




Letter Re: Older Swiss Franc Note Invalidations

HJL, Having experienced some disappointments with foreign currencies both in minor personal matters and in business (as well as some successes). Repeated mention of the Swiss Franc here on SurvivalBlog piqued my interest. When I first became involved in currency, I took a look through the souvenirs my family brought back over the years. I was happy to see a 10 SFr note there. My presumption was that surely this must be something! Disappointment followed shortly thereafter, when it turned out to be nothing more than a piece of colored paper by that time. There is one fact regarding the …




Economics and Investing:

Three lessons from safari in Zimbabwe (Note: contains a sales pitch but good info anyway.) o o o Gold Price Skyrockets In India After Currency Ban – RBS o o o Abolishing Large Currency. Government of India has recalled all large denomination bills and are using it for a tool to collect information on its citizens and go after them for tax evasion. – B.R. o o o Is The Silver Price Even A Better Bargain Than Gold’s? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.




Purchasing Power: Past, Present, Future- Part 5, by L.M.

If one was to purchase gold and silver as insurance and track the spot price at kitco.com on an hourly or even weekly basis, one is missing the purpose entirely. Do you review your health, home, or automobile insurance policies weekly? Of course not. You review it before you purchase it, put the policy in a safe place, and bring it out when you need it. Then there is the camp that loves to argue that silver and gold are a worthless store of value and that good stocks with good dividends are the way to protect your purchasing power …




Letter Re: Fingerprinted To Sell Gold Coin

Dear JWR and HJL, It appears I have missed something along the way. I recently went in to a local pawn shop that a year ago was a coin and jewelry shop. My husband and I have purchased from the coin and jewelry shop a number of times and I had sold a gold necklace once. You surrender gold and get cash; it was that easy. The same owner turned it into a pawn shop. This time I went in to sell a single gold coin, and the owner took my drivers license information and my thumb print. I was …