Pound Tumbles to 31-Year Low as Brexit Starts to Inflict Damage o o o Silver Price: Independence Day Breakout o o o It’S Not The Brexit Stupid o o o Bad Debt Piled in Italian Banks Looms as Next Crisis o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
In Gold We Trust Report 2016 (Gold Eagle) o o o Commercial Short Positions In Gold & Silver Hit All-Time Record! (King World News) o o o Elizabeth Warren Turns a Blind Eye to the Central Bank (Mises Institute) o o o Brussels Looks to Expand Into Middle East and Africa – UKIP MP: ‘EU Wants an Empire’ – H.L. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Retailers are closing faster than you think (NYPost) – G.G. o o o WATCH OUT If Silver Breaks Through This Threshold Next Week (SRSrocco Report) o o o Fed Fails to See No Pent-Up Demand Is Left (Real Money) What is amazing is the government and the sheeple think this is a good idea. Gold is the safe haven as the article says. – R.H. o o o US economy is like Botox, looks fine only on the outside (RT) – T.P. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos …
CNBC interview (video): The European Union is ‘doomed to fail,’ says ‘Black Swan’ author Nassim Taleb o o o From the Of Two Minds blog of the always incisive Charles Hugh Smith: Brexit, the E.U. and the “Special Relationship” of the U.S./U.K. o o o I missed this well-reasoned piece by Gary Christenson when it was posted back on March 21st: Silver – A Long-Term Perspective o o o For those considering investing in guns, here is a good intro: Garry James’ Rules for Buying Collectible Guns o o o And here is is much more detailed article, by Mike …
One of the great quandaries faced by many American preppers is that their desire to move to a lightly-populated rural region is usually not consistent with the ability to earn a good living. Let’s face it: The job opportunities in the Hinterboonies are scarce. Unless you are retired, self-employed, or you are in a high-demand profession (such as medicine or dentistry), then it might be difficult to have the same standard of living that you’ve enjoyed in an urban or suburban community. Part of the following repeats what I wrote in SurvivalBlog back in 2009 about the sorts of jobs …
The Trajectory of Venezuelan Hyperinflation Looks Familiar… o o o Puerto Rico Faces Record Default: A Look at the Bonds Due ($2 billion is coming due!) o o o At The Sovereign Investor: Another Market Meltdown? o o o ‘The end is coming,’ says Ron Paul o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
James, That was an excellent letter sent recently by “The Silver Bull” (Pre-1965 90% Silver Coins are the Best Defense Against Counterfeits). Regarding his suggestion of pre-1965 “junk” 90% silver coins, I’d like to ask a question: Are the 1 Troy ounce U.S. Mint American Eagles purchased from dealers considered suspect for counterfeiting? I know that are when purchased through eBay. There is some good counterfeit-spotting tutorials available on YouTube. I appreciate what he is saying. By the way,, my favorite precious metals remain quality brass, lead, and copper in 5.56 and 7.62. Thanks for all you do. – RetiredPara …
Will Gold Crash With The Dow…Or Soar? o o o Faber Says Own Gold, Prepare for QE4 as Easing Follows Brexit o o o BBC: Pound falls as Bank of England hints at fresh stimulus measures o o o Gary Tanashian: A Path Toward Inflation o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Americans Are Now The Top Silver Investors In The World
Both Mr. Econocobas and blog reader D.S. pointed me to this revelatory piece over at Zero Hedge: Greenspan Warns A Crisis Is Imminent, Urges A Return To The Gold Standard o o o Some market analysis from Hubert Moolman in South Africa: Major Debt and Dow Collapse Will Set Ideal Conditions For Silver o o o British pound could hit history-making dollar parity by end of 2016 o o o Jim Rogers on Brexit: ‘Worse than any bear market you’ve seen in your lifetime’ o o o Gold is sending a dark sign that ‘almost everything has changed’ in the …
Deb B. wrote to mention this useful data from Kiplinger’s for anyone considering relocating: State-by-State Guide to Taxes on Retirees o o o G.G. flagged this piece by Michael Pento: The next recession is already here—and there isn’t much the Fed can do o o o From The Drudge Report: Shares in Barclays, RBS and building firms suspended as Brexit sends prices plunging o o o Hoarding Cash in Vaults Seen More Attractive After Brexit Vote o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Dear Editor: Those buying silver and gold coins and bars need to be aware. I work in the industry at a well known coin shop in the mid-west. Time after time…week after week customers try to sell us fake items that they purchased from eBay, pawn shops, Craigslist, and elsewhere. It has become a bigger issue over the the last year and especially so in the last few months. When purchasing coins and bullion from customers we use our scales to make sure items are of proper weight, we use our calipers to check diameters, and we have the benefit of …
Over at Zero Hedge: Will Brexit Give the U.S. Negative Interest Rates? o o o Over at The Daily Bell: Brexit Vote Is Great News for Britain, but Difficult Times Ahead o o o Gold Summer Doldrums Risk o o o UK’s departure makes EU disintegration ‘irreversible’: Soros o o o 15 Euro Stocks That Lost Over 10% to 25% After Brexit Shock o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
HJL: I’m a both CPCU and CIC chartered senior insurance agent. I have observed that in a normal [business] year there is all sorts of business formation in the first three months. I know because they ask for insurance quotes for the pro-forma or just come in and buy insurance, to to kick off operations. That activity has declined over the last three years to the point where it just did not happen this year. In the lead up to Mr. Obama’s election, business activity oriented to expansion practically stopped. No one wanted to rent a building. Very few bought …
“Sound as a Pound?” There is now plenty of conjecture about the prospects for UK’s Pound Sterling. Will the Pound’s post-Brexit plunge in the exchange markets continue? (As of Friday evening, it had crashed to 1985 levels.) Or will there be a Pound Rebound–making the Pound a “Buy”? (Some say that the divorce from the EU might eventually put the Pound in the same category as the Swiss Franc.) In the short term the weak Pound will mean strong exports from the UK. The shares prices of England’s car makers and woolens makers are likely to gallop. Tourism in the …
