Category: Economics & Investing

Economics and Investing:

Half of America Can’t Afford More Than $100/Month on Health Insurance – B.B. o o o Most people in the US missed out on this o o o President Trump: This Is How To Bring Back 1 Million Energy Jobs. Although the energy policies of President-elect Trump remain largely unclear, there is huge potential to create hundreds of thousands of energy jobs across the country. o o o The story of inflation between 1996 and 2016 is of rising prices in things that you need: Prices skyrocket for middle class goods and services. o o o SurvivalBlog and its editors …


Purchasing Power: Past, Present, Future- Part 3, by L.M.

Largest Theft in History As expected, Ms. Yellen smiled last week, announcing no change to the Fed’s extraordinary policies. For the last eight years, she has been aiding and abetting the largest theft in history. Thanks to ZIRP (zero-interest-rate policy) and QE (quantitative easing), every year, about $300 billion is transferred from largely middle-class savers to largely better-off speculators, financial asset owners, and the biggest borrowers during that period– corporations and the government. The financial press, nevertheless, finds something vaguely heroic about enabling the grandest larceny ever. Bloomberg says, “Federal Reserve Chair Janet Yellen braved mounting opposition inside and outside …


Economics and Investing:

War On Cash Strikes India: PM Scraps Large Bills, Limits ATM Withdrawals To “Fight Corruption” – G.G. o o o Meanwhile… as the world watched the election… this happened o o o Oil And Gas – Huge Victors Of The Presidential Election. Oil and gas are potentially huge winners of the Trump victory, but uncertainty about the geopolitical situation and Trump’s policies could sour the situation. o o o How Government Budget Deficits Make Us Poorer 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 2, by L.M.

“We have, in this country, one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This evil institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the moneyed vultures who control it.” – Congressman Louis T. McFadden in 1932 (Rep. Pa) They finally told the truth about who really owns the currency, though not in plain English. They do not explain their actions nor their comments on the economy in plain English. One has to deduce and …


Economics and Investing:

Dallas “Pension Fund Panic” As Mayor Warns Of 130% Property Tax Hike To Avoid Collapse. This is a large city, BUT a collapsing pension plan CAN happen in a state! – H.L. o o o OPEC Remains Positive On Output Cut As Oil Crashes To $44 o o o Global Markets Rocked as Traders See Likelihood of Trump Victory o o o Greenspan Foresees 5% Interest Rates: “Only One Long-Term Direction and That is Up” 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 1, by L.M.

How did I end up here? Now I can feel the noose tightening! I learned about the gallows early. I began to notice in the late 80s. Perhaps that is when I became self-aware, no longer like a Jack Russell that has no fear fighting a German Shepard, not one who has no idea how big he is or that he is a dog. A Jack Russell even considers you to be part of the dog pack. Are you willing to become self-aware or perhaps you prefer the pack. “It is easier to fool people than to convince them that …


Economics and Investing:

David Stockman warns both Trump and Clinton could lead to 25% sell-of o o o Gold Surges While Stocks And Bonds Melt o o o Is the Rise in Price Inflation Transitory? o o o 94,609,000 adult Americans not in the labor force: In January 2009, 80,529,000 were not in the labor force. Now we’ve added 14 million Americans. o o o As The World Awaits The U.S. Election Outcome, Buckle Up For Some Rough Times o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

David Stockman warns both Trump and Clinton could lead to 25% sell-off o o o End Of The U.S. Major Oil Industry Era: Big Trouble At ExxonMobil o o o UK court says Brexit needs parliament’s approval, complicates government plans o o o Kentucky Plans to Pull At Least $800 Million From Hedge Funds o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Silver Price Forecast: Silver Is Looking Really Bullish In Dollars, Euros and Rands o o o Gun control groups spend millions on state ballot initiatives o o o The potential ‘economic catastrophe’ that no one is talking about – G.G. o o o Global Interest In Silver Investment Expands As South Africa Adds New Silver Krugerrand JWR Warns: Because this design is almost identical to the gold Krugerrand, readers are warned to start watching for faked gold-plated silver Krugerrands! Caveat emptor. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page …


Economics and Investing:

Yuan Devaluation Triggers Exodus of Wealthy Chinese, US West Coast Primary Target “60% of high net-worth individuals (HNWI) in China are planning to buy real estate in other countries over the next three years, with the target of moving one-third of their wealth overseas, according to an annual survey” – T.P. o o o Gold & Silver Bullion Jewelry Closer To Spot Price: Mike Maloney – T.P. o o o Cash-strapped Zimbabwe to print $75m in ‘bond notes’ – JWR’s Comment: They sound so compassionate when they say “The Bank “hopes that the cash injection will boost exports, benefit local …


Economics and Investing:

There Are 5.6 Million Cheap Apartments in America. Not for Long o o o Yellen Imitates Greenspan in Reversal of Mid-1990s Rookie Role o o o Curious Barry’s October Surprise for Hillary – H.L. o o o Items from Mr. Econocobas: U.S. Gasoline Jumps Most Since 2008 After Pipeline Blast VIDEO: Peak Prosperity- Losses Hurt More Than Gains Help o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

How I Became A Gold-Bug by Hugo Salinas Price o o o What traders are buying if Trump wins o o o How Could Shift In Monetary Regime Affect The Gold Market? o o o Items from Mr. Econocobas: Venezuela is telling hungry city dwellers to grow their own food – Seems like something I’ve read before in a JWR novel, turning every available space into crop producing land. Buy Gold No Matter Who Wins the Election, HSBC Says – Remember, never use money you need. Having weak hands in an investment hardly ever leads to good things. o o …


Economics and Investing:

Video: This Is Gold’s Turnaround Year – Aden Sisters JWR’s Comment: I am still more bullish on silver than I am on gold. I can foresee that by around 2030 the silver-to-gold price ratio will slide back closer to the historical norm of around 16-to-1. (Presently it is around 71-to-1, making silver a huge bargain.) o o o Reader A.N. sent us this evidence over at Zero Hedge that there is another Zimbabwe in the making: Venezuela Throws In The Towel On Hyperinflation: Will Print 200x Higher-Denominated Bills o o o Also at Zero Hedge: “Recession Risk Is Rising” Fast, …


October in Precious Metals, by Steven Cochran of Gainesville Coins

Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainseville Coins 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 October? October gave gold no treats. Gold started the month in the $1,335 range and ended more than $50 lower. Unexpectedly hawkish comments throughout the month from various senior officials at the Federal Reserve sent the dollar on a strong rally while depressing gold prices. The capitulation of the British …