Category: Economics & Investing

Restaurant Recession Could Signal Tough Times for U.S. Economy – RBS o o o New legislation proposes to “bail in” Social Security o o o I found this Reuter’s article linked over at Zero Hedge: ‘Helicopter money’ might weaken currencies more than QE as sky’s the limit o o o US Homeownership Rate Crashes To Lowest Since 1965 o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Get Down With The Monetary Sickness – Mike Maloney o o o Invest 25% Of Investment Portfolios In Gold Bullion – Marc Faber o o o Paul Craig Roberts – We Are About To Witness The End Of The World As We Know It o o o Kyoki (Insanity) o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Bank threatens charges as negative interest rates loom – Note: A login is required to read the full article, but you get the idea just from the title. – G.G. o o o Status Of The Social Security And Medicare Programs (ssa.gov) – U.S. Social Security starts to go negative in 2019 – P.S. o o o Citigroup, HSBC Jettison Customers as Era of Global Empires Ends. Excerpt: “How does a company lose 69 million customers? Just ask Citigroup Inc.” o o o RBS and NatWest consider charging business clients to hold cash. (Note: login required to read article) o …

Over at Gold-Eagle: Will The Gold Bull Market Resume After The Summer Correction? o o o The End of Social Security (Leaked Evidence Stumps Obama, Stuns Retirees) o o o Silver COT Stuns…What’s Going On Here? o o o Negative Interest Rates: The New Abnormal SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Making The Wrong Choices For The Wrong Reasons – When belief overpowers reality. o o o Kmart workers believe all the stores are going to be imminently shut down – With the online shopping taking over, more and more major retailers are going out of business! Malls are becoming ghost malls. I remember W.T. Grant! More and more retail workers as well as bank tellers (many banks closing branches) will be unemployed. Always, always, have other skills! Graduation does NOT mean education stops. I also remember the FIRST electric typewriters! Had to learn about those, and the early computers, and …

Austrian Economics and the Entrepreneur o o o China Is Planning To Shock The World By Pushing The Price Of Gold Over $10,000 o o o Yellen’s Great Interest Rates Game o o o Taking the Measure of Britain’s New Normal. The betting is that Brexit will tip the economy into recession. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

370 employees losing jobs as Progresso plans on closing soup factory – DSV o o o Shale Drilling Set To Take Off In Argentina o o o Goldman Sachs Raising Private-Equity Fund of $5 Billion to $8 Billion o o o Fracklog in the Biggest U.S. Oil Field May All But Disappear o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Video: Danger – Divergence Greatest On Record – Mike Maloney (Quoting David Stockman and pointing to charts, Mike shows how the markets are being pumped up to record highs by the central banks with artificial liquidity.) o o o 19.4 Trillion Dollars In Debt – We Have Added 1.1 Trillion Dollars A Year To The National Debt Under Obama – B.B. o o o Are Americans Finally Getting Smarter About Money? o o o Britain’s Minimum Wage Short-Changes Young Workers o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for …

Commerce Dept says large washing machines from China dumped in the U.S. Excerpt: “Whirlpool had alleged that the machines were being sold in the United States at prices below production costs. Samsung and LG will be required to pay cash deposits on washing machines imported from their production facilities in China following the ruling, Whirlpool said in a statement.” o o o The Long-Term Outlook For Silver Is Very Positive o o o Negative Rates: We’re Gonna Need a Bigger Vault o o o “These are the danger signals and they are flashing now.” o o o SurvivalBlog and its …

Don’t Reform the Fed: Exit the Fed o o o Something Big Happened In The Gold Market o o o Gold Price Forecast: Long-Term Pattern Targets $2,700 o o o Why the Fed Can’t and Shouldn’t Raise Interest Rates. The Federal Reserve may be working within a basic policy strategy that may be fundamentally flawed. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

The financial system is breaking down at an unimaginable pace – From $0 two years ago to $13 trillion in negative yield government bonds. – G.P. o o o Oil Prices Fall on Product Glut o o o EU Said to Eye ‘Nuclear Option’ to Force May’s Hand on Exit o o o Ireland Hits Brexit Alarm in Biggest Foreign Crisis in 50 Years o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

White House: Budget deficit to rise to $600B – An increase of $162 Billion over last year’s tally. – G.G. o o o Oil prices little changed as market shrugs off Turkey coup bid o o o Buy Gold To Hedge Dollar Debasement o o o Video: Bank of England Signals August Stimulus as Rate Kept at 0.5% o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.