Economics and Investing:


Another casualty of online shopping: Gander Mountain Files Chapter 11 Bankruptcy & Will CLOSE 32 Stores (The Firearm Blog) – T.P.

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What do these CEOs know that we don’t? (Sovereignman) Excerpt: “My friend’s grandfather once told him that, just prior to the Nazi invasion, the schools in Poland announced they were suspending classes… but only for two weeks, because that’s how long they expected the war to last.”

HJL’s Comment: Or in the words of Admiral David Glasgow Farragut (1801-1870) “Damn the torpedoes, full speed ahead!”

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Gold’s Next Leg Down Targets $1156 (Gold Eagle)

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How the Fed Convinced Markets It’ll Raise Rates This Week (Bloomberg) While Janet Yellen, Lael Brainard, and crew are talking markets into believing a March hike, SurvivalBlog can’t help but wonder if this is just a continuation of the establishment’s battle against Government reform.

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G-20 Checks In for Detox as Germany Seeks Backing for Free Trade (Bloomberg) Excerpt: “Currency complaints and the threat of trade wars are making global economic affairs the most toxic they’ve been in years. So the world’s top policy makers are heading for a spa treatment. This weekend in the German resort of Baden-Baden, finance ministers and central bank governors of the world’s 20 key economies are going to be asked to reaffirm the principles of free trade.”

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