Category: Economics & Investing

Class of Underemployed: Nearly 50 percent of recent college graduates are working in jobs where no college degree is required. o o o A Critical Juncture In Gold And Silver Prices o o o Fed’s ticking financial time bomb – Sent in by P.S. o o o Rauner Vetoes Bill Reducing Pension Contributions Despite Massive Underfunding, Chicago Mayor Whines – Expect more of this to come in the years ahead. – P.S. o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

S&P Significant Low has Occurred – NOT Likely! – “Of course this time might be different, but it seems wise to consider the possibility of a substantial S&P 500 Index drop in coming months.” o o o Why $50 Oil Is Here To Stay – “As oil prices hit $50, oil traders are trying to answers the million dollar question: will U.S. drillers turn the taps back on?” o o o Video: Brexit – The Movie – a crowdfunded film that presents the case for Britain to leave the EU on June 23rd. – P.S. o o o Greece’s Journey …

Storing Precious Metals Safely Is Just As Important As Buying Them o o o Special Supplement: Counterfeit Coins? You Get What You Pay For – Sent in by RBS o o o Hard Times & False Narratives o o o Criminal Bankers Threaten Entire World Economy-Helen Chaitman. The author of a very interesting book about the connections between powerhouse banker JP Morgan. – RBS o o o Items from Mr. Econocobas: Video: David Stockman Fox Interview: The Party’s Over—–Look For Cover, Not ‘Growth’ o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our …

Understanding Societal Collapse: Warnings From Venezuela’s Crisis – Sent in by B.B. o o o Canadian Silver Maple Sales Surge To Highest Record Ever o o o New Mexico, suing the EPA over spill caused by the agency, Seeking $100 million – Some runoff from a pond in Montana gets 15 years in prison. Poisoning Flint, Michigan or the Navajo Nation? Nothing. – T.Z. o o o Banks Keep Cutting Bond Traders as One-Third Gone Since 2011 o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

France Hit By Gas Shortages, Rationing After Refinery Workers Go On Strike “In the aftermath of the French labor law reform, local refinery workers have launched a strike to hit the government where it hurts the most. Protesters have blocked deliveries to gas stations from at least half of France’s eight refineries, and workers at three Total refineries have voted to halt all output by Tuesday. The effect was immediate: as an IEA analyst observed, `there is a noticeable fuel shortage in the North West and North of the country, including parts of the greater Paris region.’” – H.L. o …

Reader S.M. wrote in to say: “At times I need to ship gold coins so I joined the North American Collectibles Association. That gave me access to their private insurance program, which covers up to $75,000 per shipment. The rates for insurance are way lower than USPS registered mail, or the rates charged by UPS and Fedex. You can ship via USPS, FedEx, UPS, even domestic freight. I paid less than $100 to insure $75,000 shipments. “They state that most claims are settled in 30 days. I’ve never had a claim with NACA, but the one time I had a …

Something Stunning Is Taking Place Off The Coast Of Singapore – “I’ve been coming to Singapore once a year for the last 15 years, and flying in I have never seen the waters so full of idle tankers,” – B.B. o o o JWR’s interview on the Kennedy Financial Podcast: Ep. 53-JAMES WESLEY, RAWLES, Capitalism, Gold, Silver & MORE! o o o 407,000 Workers Stunned As Pension Fund Proposes 60% Cuts, Treasury Says “Not Enough” – B.B. o o o Preparing For Much Higher Gold And Silver Prices o o o SurvivalBlog and its editors are not paid investment counselors …

Balance Due: Credit-Card Debt Nears $1 Trillion as Banks Push Plastic – G.G. o o o Swift Banking Network Struggles With Wave of Cyberattacks – It would be prudent to have cash, even when traveling around. Local banks might take an outage if the Swift network goes down. – P.S. o o o Crony Capitalism And The Feudal America Of Trump And Clinton – J.B. o o o Two-Thirds Of Americans Would Struggle To Cover $1,000 Emergency – G.G. o o o The Biggest Winner Of The Oil Bust: Interview With Aeromexico – Airlines have thrived throughout the oil bust …

Huge Trend Changes Point To Something Big In The Gold Market o o o The Coming Catastrophic Collapse Of The American Middle Class – B.B. o o o U.S. debt dump deepens in 2016 – B.B. o o o A third of cash is held by 5 U.S. companies o o o Extreme rental living in Los Angeles: Want to live in a van, near the river? Or maybe a RV is more your taste? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.

Landlords Are Catching Retail’s Cold – RBS o o o In some towns, the strip malls can’t die fast enough – RBS (Warning: This site may require a login to access.) o o o Texas shelters, churches fear sudden influx of Cuban migrants will overwhelm them – W.C. o o o Obama on track to double national debt – B.B. o o o Items from Mr. Econocobas: Fed Puts June Rate Increase on Table Provided Economy Says Go – For your daily comedic relief, it’s amazing what these folks will say with a straight face. o o o SurvivalBlog and …

Hugh, The the Amazon story is great. I have very little time and live in a rural area. By using Amazon I save a lot of time and money. I also can’t say enough for the customer comments. However, my comment is more advice to anyone who wants to sell on Amazon. I am in the wine business, and it’s very regulated. However, with the recent changes of state-by-state shipping laws, we can now ship direct to 38 states. Along comes Amazon and BOOM my sales with them have skyrocketed. Not to say, they are way easier to deal with …

Stan Druckenmiller: The Bull Market Is Exhausted; Make The Move To Gold o o o Why new overtime rules will raise payroll costs for employers of all sizes – RBS o o o The effects of raised minimum wages now begins to hit: Wendy’s Serves Up Big Kiosk Expansion As Wage Hikes Hit Fast Food – That $15/hr wage doesn’t do you any good when you lose the job to a worker that never goes on strike or complains. – P.S. o o o The Humungous Depression o o o Once upon a time, there was a middle class: This …