Category: Economics & Investing

WARNING: The Coming Collapse Of U.S Net Worth Will Wipe Out Millions Of Americans – o o o From: Wells Fargo, Re: Closing The Accounts We Secretly Opened For You – DSV o o o Items from Mr. Econocobas: Backlash to World Economic Order Clouds Outlook at IMF Talks – Here is Globalism on the defensive. The world’s economy has been destroyed by globalist policies and now they want to blame the impending recession/depression on others who are rejecting globalism. Video Interview : Is Canada’s Economy on the Verge of a Financial Crisis? – This is a very good interview …

Gold Price Reversal o o o Winners Of The Oil Bust: How Much Oil Did China Store? New satellite images suggest that China might be able to store much more crude oil than previously thought o o o Three reasons why the banking system is rigged against you – DSV o o o Deutsche Bank Received a U.S. Bailout Twice as Big as Lehman Brothers – P.M. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Smoke And Mirrors: What Did OPEC Really Agree On? Oil prices shot up more than 6 percent this week on the news that OPEC reached a deal to cut oil production, but in reality the deal is fairly shapeless o o o The Trumped-Up Myths Behind “Trickle-Down” Economics. The critique of “trickle-down” economics relies on a mistaken zero-sum view that more income for some must reduce incomes to others. o o o Some Deutsche Bank Clients Unable To Access Cash Due To “IT Outage” o o o The retirement gamble: 30 percent of American adults have no retirement savings. Half …

China’s yuan joins elite club of IMF reserve currencies – E.S. o o o This is insane! Taxpayers pay rent for Somalis who feel the need to visit Somalia (for months!) – B.B. o o o Hillary’s Huge Estate-Tax Hike o o o Consumer Spending Falls Flat, Economists Surprised Again o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Ah, Switzerland! Secret Alpine Gold Vaults Are the New Swiss Bank Accounts. Speaking of Switzerland, my suggestion of hedging into Swiss Francs seems to be paying off. According to the Forex ticker, it now takes 96 Cents (USD) to buy one Swiis Franc. But back when I bought most of my 200 Franc notes, a Swiss Franc cost only 77 cents. – JWR o o o U.S. Bond Market’s Biggest Buyers Are Selling Like Never Before – G.G. o o o The Federal Deficit Is Set to Explode o o o The domino teeters: This Is How Much Liquidity Deutsche …

The Top Four Precious Metals: Which Will Be The Best Investments During The Next Financial Crash o o o Reader GJM sent in these links about Deutsche Bank: Stocks Are Crashing – Led By Banks The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash Major Dollar Shortage Exposed In Europe As Deutsche Bank Contagion Spreads Some Deutsche Bank Clients Reduce Collateral on Trades Stock Quote: Deutsche Bank AG Now, to start watching the VIX…multiple times a day. (And to start stockpiling everything you’d want if you knew you were about to wake up in about 480 AD. o …

There are huge implications to society if this forecast is even partially correct. Men Without Work. – P.S. o o o As Heavy-Truck Sales Go, So Goes the Economy – G.G. o o o 44 Percent Hike in Taxes Covers Obama-Era Debt – B.B. o o o 8M Americans Paid $1.7 Billion For Not Having Obamacare – B.B. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Economic Growth Requires More Than Low Interest Rates o o o Bill Fleckenstein On The Recent Weakness In The Gold, Silver & Mining Share Markets o o o WTO Slashes Global Trade Forecast by 39% Since April: “Wake-Up Call” Says WTO Director o o o Billionaire Capital Turns Into Ghost Town: “Home Contracts Down 80%”, Trophy-Cars Pile Up In Showrooms o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Global debt climbs towards fresh high as companies and countries keep on borrowing – G.G. o o o Bank of Japan Tries Another Way to Spur Inflation – G.G. o o o Inside OPEC: What Does Each Member Want?. As OPEC members gather in Algiers, it is worth noting that the cartel is internally divided and that a joint solution remains a long shot. o o o The Economics of Hillary Clinton o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Everyone thinks they are middle class: The false perceptions many Americans hold. – B.B. o o o What If The Oil Rebound Never Happens? o o o The Student-Loan Scam Killed ITT Tech o o o Yellen helps Clinton dodge a bullet o o o Hanjin Gets $45 Million Credit Line From Korean State Lender o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Merkel Says No Aid for Deutsche Bank; Depositor Bail-In Coming Up? – P.S. o o o Laws Against “Price Gouging” Aren’t Helpful o o o The Stunning Roadmap To $26,000 Gold o o o Gold After the FOMC o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

How Much Longer Will Investors Trust the Central Banks? o o o Joe Salerno: Economics is Broken o o o Savings Guarantee? U.N. Warns Next Financial Crisis Seems Imminent o o o The Unthinkable Has Now Become Reality o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Pension Funds Face Day of Reckoning as Investment Returns Lag – H.L. o o o Don’t Believe the Fed; the U.S. Consumer Is Far from Strong – P. o o o Hillary Clinton Proposes 65% Top Rate for Estate Tax – W.C. o o o Video: EU Banks May Need Rescue Funds Equaling Twice ECB Capital o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Silver Price Forecast: Higher Silver Prices For Many Years To Come o o o Nigeria Sues Oil Majors Over $12.7 Billion In ‘Stolen Oil’. The Nigerian government is suing Chevron, Eni, Total, Shell, and Petrobras for illegally exporting crude oil worth $12.7 billion in the years between 2011 and 2014. o o o Retirement Crisis Looms As Average U.S. Household Has Saved $2,500 For Retirement – G.G. o o o Items from Mr. Econocobas: Bill Gross: I’m Hardly Able to speak After Fed Decision o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see …