Category: Economics & Investing

Letter: Pre-1965 90% Silver Coins are the Best Defense Against Counterfeits

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 …


Economics and Investing:

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.


Letter: My Take on the U.S. Economy and Politics, and Their Implications for Prepping

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 …


Economics and Investing:

“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 …


Economics and Investing:

Brexit triggers huge swings in exchange rates of the GB Pound.  (We witnessed a nearly 9% move in one day!) o o o Brexit causes decline in global stock markets o o o Gold Bullion Surges 6% In USD As Brexit Creates Global Contagion Risk o o o Items from Mr. Econocobas: Fed Rate Hike Off the Table for Rest of 2016; 12% Chance of a CUT. – What’s amazing is that folks are surprised… Dow closes down 600 after Brexit surprise; financials post worst day since 2011 – I can’t help but think this is going to resume on …


Economics and Investing:

Spending it all on rent: 11 million Americans spend half their income on rent. Another 21 million spend over 30 percent of their income on rent, a record high. o o o COMEX Registered Silver Now More Leveraged Than Gold o o o Potash Price Surge Could Lead To Higher Food Costs For Billions – “As global population surges and arable land decreases, efficiency is the name of the game. And in this environment, the little known commodity potash comes into its own” o o o The Stock Crash Of 2016: Stocks Have Already Crashed In 6 Of The World’s …


Economics and Investing:

These Conditions Ensure That Gold Stocks Will Continue To Rise Over The Coming Years o o o 7 Stupid Things Bankers Say About Bitcoin o o o More Kids Now Living At Home Since The Great Depression o o o Watch How Hyperinflation Bloats Venezuela By 2020 o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

A Palace For Fannie (Mae) – Why The Imperial City Must Be Sacked o o o Chart of the Day – $GOLD vs. Brexit – “I see traders everywhere worrying about how the Brexit vote will effect gold. Folks, forget about the Brexit. By this time next week the Brexit will already be fading into memory and the market will go back to doing what it was doing before the vote”. o o o Anxiety Builds As Money Managers Near Record Long Gold Position o o o What to Watch for in Janet Yellen’s Congressional Testimony o o o SurvivalBlog …


Economics and Investing:

Silver Price Forecast: The Alignment Of The Dow, Interest Rates, Debt and Silver Cycles Will Deliver A Fatal Blow o o o Americans Are Now The Top Silver Investors In The World o o o What Brexit Could Mean For Your Money And Your Business o o o Video: Beyond the Turmoil, Central Bankers Dread Brexit’s Shadow 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 EU Empire is going to fail. – A.D. o o o You Are Living Through The Dumbest Monetary Experimental Endgame In History… – B.B o o o Too Big? Brazil and Olympics on a Failing Path o o o Foreign selling of U.S. Treasuries in April was most since 1978 -data o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

A Crisis Worse than ISIS? Bail-Ins Begin – B.B. o o o The Nikola One Will Totally Revolutionize The U.S. Transportation Industry… Or Will It? o o o 30 Blocks Of Dog Sh** & Sugar Taxes o o o The Federal Reserve has brought back “taxation without representation” o o o Items from Mr. Econocobas: o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

Too **** broke to afford a house: Americans are largely missing out on home equity gains and there is little they can do about it. “The bailouts have helped boost the bottom line of those that setup the crisis in the first place. And here we go again: they would rather Americans be in debt with auto, student, and credit card debt instead of building up some equity in housing. This is the direct result of the Fed’s low rate policy. Who are they looking out for?” o o o Confused about how the Brexit vote stacks up? The Absurdly …


Economics and Investing:

Foreign selling of U.S. Treasuries in April was most since 1978: data o o o The Ongoing Intellectual Love Affair With The Myth Of The Downtrodden Worker o o o Items from Mr. Econocobas: Scared investors flee to cash at highest levels since 2001 15 Facts About The Imploding U.S. Economy That The Mainstream Media Doesn’t Want You To See o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

SurvivalBlog reader A.S. sent in these two links profiling dead malls across America. Wow, what an economic recovery the Feds have wrought! Completely Surreal Photos Of America’s Abandoned Malls The death of the American mall o o o Glitters, but Not Gold: Fake Gold and Silver Coins ‘Flooding’ Market – DSV o o o Items from Mr. Econocobas: Video: Peter Schiff – It’s Gonna Be Awful! Venezuelans Barter Diapers for Food on Smartphones o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.


Economics and Investing:

German 10-year sovereign bond yields turn negative for first time o o o Backing up the SurvivalBlog position of making sure your basics are covered before spending on PMs: Venezuela, and why Gold and Barter Items are Terrible Preps – P.S. o o o Keynesian Triumph: Americans Are Broke – B.B. o o o Why The Biggest Investors Are Praying For A Market Crash o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.