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 …
Janet Yellen’s “Footnote 8” – The Negative Rate ‘Smoking Gun’ That Everyone Missed – B.B. o o o US federal debt expanding at fastest rate since the crisis o o o How Big An Impact Will A Rate Hike Have On Oil Prices? Oil prices could be facing a significant jolt after the Chair of the Federal Reserve, Janet Yellen, said that the case to increase interest rates had strengthened. o o o War On Cash Turns To $20, $50, And $100 Bills – DSV o o o Items from Mr. Econocobas: Video: Biggest Counterfeiting Operation In History – Mike …
Stormy Seas Ahead For Shippers Following Hanjin’s Bankruptcy – J.S. o o o Debt meltdown in China o o o Items from Mr. Econocobas: Venezuela: Over 15% of People Eat Garbage to Survive Video David Stockman interview: “Fast Money” Interview On CNBC——A New Sheriff In Washington Could Mean A Panic On Wall Street o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Washington’s Endgame: First Your Guns, Then Your Cash? This is an eye opening article. Use cash wherever you can, and resist the removal of cash from your life, because it gives you a type of freedom you need. It keeps the government from complete dictatorship. – H.L. o o o Harvard Economist: US Should Phase-Out All Currency Larger Than $10 Bills. Eliminate “filthy lucre?” – D.S. o o o Free Trade Brings Abundance — Protectionism Brings Scarcity o o o Beijing desperately needs a recession to shift the economy o o o SurvivalBlog and its editors are not paid investment …
California added 63,000 jobs in August, 42% of U.S. total – B.B. o o o Food stamps may soon be available for online shopping – G.S. o o o IRS Numbers Show Little Income Growth for Americans o o o China’s Plan For Gold And A New Monetary System o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Foreign Central Banks Sell A Record $343 Billion In US Trasuries In The Last Year – G.G. o o o Beware Central Banks’ “Illusion Of Control”; Spitznagel Warns “If The Fed Hikes, Markets Will Go Down Very, Very Hard” – B.B. o o o Gold Prices: Timing The Next Bottom o o o Three ways the banks are scamming you o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
I saw an article today announcing PayPal will be accepting Bitcoins (BC) in the future through a BC payment platform called Coinbase. I am using Ebay sales to fund my preparations and supplement my income, so I already have a significant online signature. (I know, I know.) Many of you may be using Ebay and PayPal as well, so you may be interested in how you would also accept Bitcoins for your sales or purchases. Others out there might be interested in investing in Bitcoins, and Coinbase makes that possible for all on a limited scale. You may be interested …
The Hidden Costs Of Obama’s Cheap Gas. President Obama graciously thanked himself for cheap gasoline at a rally in Philadelphia on Tuesday, but he may be exaggerating just how popular cheap gasoline is. o o o The US has signaled support for digital currencies – B.B. o o o Former Treasury Secretary says banks may be riskier now than in the 2008 crisis o o o Bayer Clinches $66 Billion Deal For Monsanto That Could Reshape The Farming Industry – RBS o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page …
Here’s a great example of how they’ll default on Social Security o o o The Gold To Housing Ratio As A Valuation Indicator o o o Venezuela’s “Death Spiral” – B.B. o o o Forget Alpha: Billionaires Deliver Bedlam Warnings Instead! – B.H. o o o CRUSH THE STREET: SRSrocco, Will We See A 10/1 Gold-Silver Price Ratio? o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Hugh: I did some consulting for a well-known gun safe manufacturer. They make a premium product, and their clients never suffered loss due to either break-in or fire damage. The only heat resistant insulation they used was common sheetrock. They used multiple layers with offset corners and edges, similar to the wall between living space and garage in a modern home. They did not tape or use any mud, just a snug fit. It seems reasonable that the heat resistance of an ordinary inexpensive safe could be enhanced by fabricating a welded enclosure insulated with sheetrock and inserting the safe …
Buffett Loses $1.4 Billion as Wells Fargo Tumbles on Scandal – DSV o o o U.S. credit card balances may soon top $1 trillion – B.B. o o o Census Bureau: 118,395,000 on ‘Government Health Insurance’ in 2015; 28,966,000 Uninsured for Entire Year – B.B. o o o Video: Why I Bought Silver NOW – Mike Maloney o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Hugh, Caution. My dad stored several mason jars around the property stuffed with $100 bills rolled tightly. When he moved from the old homestead, we helped him dig them up and found mold had invaded the jars so the outer eighth inch of $100 bills turned to dust. The bills were in so tight we had to break the glass to get them out. We will never know how much was lost, but if i were doing the same thing today I think I might look at vacuum packing to insure survival. – M.
Wells Fargo scandal is just the beginning… here’s what else they’re hiding– o o o US Dollar Will Strengthen As Fed Funds Rate Rises o o o The Death Of The Bakken Field Has Begun: Means Big Trouble For The U.S. – K.T. o o o Bad News For The Bakken As Obama Administration Blocks Pipeline o o o SurvivalBlog and its editors are not paid investment counselors or advisers. Please see our Provisos page for details.
Hugh, Every small fire resistant safe I’ve found has a warning that the fireproofing material emits moisture, and they recommend putting papers in plastic to protect against mildew and rot. They also recommend airing the box out periodically, which might be difficult if it’s cached someplace. We use our Foodsaver to protect against this. Just wanted to mention it in case someone doesn’t read the instructions that come with the safes. Regards, – P.T.
