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Mac Slavo - ShtfPlan
Two Stars Crashed Into Each Other Flinging Out Gold, And Wobbling The Universe
The amazing new discovery of two crashing stars is a giant leap forward for astrophysics. This celestial event has been described by many as one of the most exciting things to happen in space. According to The Independent, the super-dense neuron stars crashed together 130 million light-years away, spewing out precious metals and other heavy elements like platinum and uranium. Neutron stars, the collapsed remnants of massive stars that have died in supernova explosions, are some of the most exoti
Thursday, October 3, 2019
Mac Slavo - ShtfPlan
New Survey Shows Just How Hard It Is To Make Ends Meet: ‘Half Of People Need Credit Cards Just To Make It To Their Next Payday’
A new survey was done in the United Kingdom and it shows just how hard it is for young people to survive paycheck to paycheck. Almost half of those surveyed admitted to needing credit to make ends meet until they get paid again. More than half of young women have to borrow to make their funds last to the end of the month, highlighting the impact of stagnating wages, insecure work, and rising prices like taxation on millennials. A survey of 4,000 people aged 18-30 shows that 51% of young women an
Sunday, September 8, 2019
Wolf Richter
Negative Yields Not Required: Even “Low” Interest Rates Screw Up the Economy
How to make a mess in the era of low demand. This is the transcript from my podcast last Sunday, THE WOLF STREET REPORT: Now the plot thickens: I’ve got a former Secretary of the Treasury backing me up. We’ve already seen, including in my last podcast, how negative interest rates screw up the economy. Negative interest rates are so absurd that just thinking about them gives me a headache. In the era of negative interest rates, owning financial assets such as government bonds, or savings in the b
Thursday, August 29, 2019
Jeff Clark - Goldsilver
What the Upcoming Wealth Transfer Will Look Like
With gold up 26% year-to-date and silver up 41%, and stock and bond markets looking increasingly precarious, it’s time to start thinking about the upcoming wealth transfer. If Mike is right about what’s ahead for gold and silver, we’ll soon be part of a life-changing shift. Have you thought about how the wealth transfer might affect you? Not like this you haven’t…You grab a calculator for the third time that day, multiplying your gold and silver ounces by the price of each… the total staggers yo
Monday, August 26, 2019
Gary Savage - Smart Money Tracker
LOSSES ARE JUST PART OF THE GAME
How many times have we heard this one: “He/she/they caused me to blow up my account”? Blaming someone else for your losses. Pretty much every novice trader in the world goes through this phase, and many experienced traders as well. Now I’m going to let you in on a secret that will save you thousands or even millions if you will listen and heed this warning. Everyone loses from time to time. It’s an inevitable fact. No one, and I mean no one will ever win 100% of the time. Here’s another secret t
Saturday, August 24, 2019
James Howard Kunstler
He Did What ! ! 
 The only trouble with the conspiracy theory that hundreds of prominent and powerful people wanted Jeffrey Epstein dead is that Jeffrey Epstein might have wanted Jeffrey Epstein dead even more than they did. But that’s mere conjecture. His mind is beyond being read. Of course, the evidence of his alleged crimes didn’t die — the “meticulous” records he kept live on, along with the names of Mr. Epstein’s patrons, clients, marks, however you might clas
Monday, August 12, 2019
Mac Slavo - ShtfPlan
The Gulag of the Mind
 Befuddled and blind, we wander toward the cliff without even seeing it, focusing on our little screens of entertainment and self-absorption. There are no physical barriers in the Gulag of the Mind–we imprison ourselves and love our servitude. Indeed, we fear the world outside our internalized gulag, because we’ve absorbed the narrative that the gulag is secure and permanent. We’ve also absorbed the understanding t
Monday, August 12, 2019
Frank Shostak
Is Money Created by Government Decree
According to popular view people accept money because of a government decree.1 A government decree it is argued makes a particular thing accepted as a general medium of exchange. But, does it make sense?Demand for a good arises from its perceived benefit. For instance, people demand food because of the nourishment it offers them. It is different with money people demand it not for direct use in consumption but in order to exchange it for other goods and services.Money is not useful in itself, bu
Thursday, July 4, 2019
Nathan Lewis - New World Economics
Blame Gold
We have been talking about The Midas Paradox (2015), by Scott Sumner. July 23, 2017: The Midas Paradox (2015), by Scott Sumner. As you probably guessed from the three-word title, the book can be summarized in two words, which are: “blame gold.” This, as we have seen, is actually a relatively new notion, even if it enjoys some popularity today. The general consensus, which later (after 1950) became the Keynesian consensus, did not blame gold, or indeed, monetary policy in general, for the Great D
Wednesday, July 3, 2019
Peter McKenzie-Brown - Language Instinct
The Immutable Laws of Nature, and Murphy's other 15 Laws
THE IMMUTABLE LAWS OF NATURE.... Law of Mechanical Repair After your hands become coated with grease, your nose will begin to itch and you'll have to pee. Law of GravityAny tool, nut, bolt, screw, when dropped, will roll to the least accessible place. Law of Probability The probability of being watched is directly proportional to the stupidity of your act. Law of Random NumbersIf you dial a wrong number, you never get a busy signal; someone always answers. Law of Variable Motion If you ch
Tuesday, June 18, 2019
Mac Slavo - ShtfPlan
  Luxury Bunkers For Sale: The Wealthy Are Buying Multi-Million Dollar Bunkers With “Highest Level Of Military Grade Security”
After Donald Trump was elected president, a lot of the fears and concerns that were once so common among conservatives and libertarians, seemed to fade. That state of relief was proven to be temporary, but fears of financial collapse and social disintegration still aren’t as prevalent now as they used to be. A lot of people have let their guard down, because they think things will be alright since “their guy” is in office. But they should be concerned, because while they’ve been breathing a sigh
Sunday, June 16, 2019
Nathan Lewis - New World Economics
The View From 2011
Today, we will continue our discussion of the “gold sterilization” of 1937. June 18, 2017: The “Gold Sterilization” of 1937 June 25, 2017: The “Gold Sterilization” of 1937 #2: Fumbling and Bumbling We will look at an influential 2011 paper by Douglas Irwin, available here: http://www.nber.org/papers/w17595.pdf All in all, I think the paper is pretty good, at least in its basic descriptions. It meanders into the usual channels of pointless Monetarism, with some equally pointless math, but it does
Tuesday, June 11, 2019
Alasdair Macleod - Finance and Eco.
  Understanding money and prices
This article explains the money side of prices, and why government currencies, unbacked by gold, are doomed to collapse. And why gold, which is the sound money chosen by markets throughout history, will retain or increase its purchasing power measured in the goods it buys over the coming years.Very few people have a full understanding of the relationship between money and goods. This is the relationship that sets prices. Yet, without that understanding, central banks will almost certainly fail i
Monday, June 3, 2019
Jeff Clark - Goldsilver
How Where to Buy Gold Bars (2017 Buying Guide)
If you’re looking to invest in physical gold at the lowest possible price per ounce, there’s no better choice than gold bars. Coins may be more attractive, but all that manufacturing and packaging comes at a price. Gold bars, on the other hand, are the stalwart of the industry, what everyone from average investors to central banks buy and store. In other words, you can’t go wrong buying gold bars—provided you follow four tips including where to buy gold bars. The Advantage of Buying Gold BarsTip
Saturday, June 1, 2019
Mike Maloney - Goldsilver
  Gold Silver Confiscation: Can the Government Seize Assets
One concern of retail precious metals investors is the possibility of a gold confiscation.Imagine having the forethought to buy gold to shield your finances from an economic or monetary crisis—only to have it taken away from you by your government. You’d lose not just the protective buffer you put in place but potentially a chunk of your net worth.Gold confiscation may sound preposterous to investors used to securities or real estate. But it’s happened in the past enough times to make it a reaso
Saturday, June 1, 2019
Nathan Lewis - New World Economics
The “Gold Sterilization” of 1937
Today, we will start investigating the U.S. recession of 1937, and along with that, claims that the Federal Reserve caused it by some sort of misbehavior. As is our usual practice, we will begin with just looking at some general information about that time. Industrial production had a short, sharp shock in 1937. Here’s what it looked like in terms of nominal GDP: I am not going to try to disentangle what was going on at that time. There were a lot of things, from the introduction of Social Sec
Tuesday, May 21, 2019
Robert P. Murphy
3 Modern Arguments for Tariffs, Debunked
 Many proponents of tariffs recognize the absurdity of tariffs as a general rule. However, they feel that there are certain, special cases in which tariffs are justified, and indeed vital to a nation's survival. In  this article, I will analyze three such arguments: I. REDUCE TRADE DEFICIT Many people believe that a tariff on a specific country's goods is necessary whenever the United States suffers from a high trade de
Monday, May 20, 2019
Jeff Clark - Goldsilver
Why Own Gold The Top 10 Reasons to Buy Gold Now
Is gold a good investment? Why should you own it?It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest.But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. These advantages give you power as an investor. And yes, one of thes
Saturday, May 18, 2019
Jeff Clark - Casey Research
Should I Buy Numismatic Coins 3 Risks of Collectible Gold Coins
Numismatic coins can be a fun hobby, and can offer the collector a beautiful timepiece from interesting periods in history.Unfortunately, many novice investors that dabble in this market have lost money. And in many of those cases, the price of gold actually rose while the coins were held!How can an investor lose money on valuable rare coins? And why don’t they rise with the gold price?This article highlights three specific risks investors take with numismatics. Let’s co
Wednesday, May 15, 2019
FOFOA - FoFOA
What is Freegold
Four years ago, Freegoldtube made a video titled "What is Freegold?" It evolved out of a series of events that began with the stunning collapse in the price of gold, from $1,600 down to $1,380 in first half of April, 2013. That collapse caused Jim Sinclair to email me asking about Freegold, which caused him to then make some confusing posts on his own blog about Freegold, which caused Ein Anderer to suggest that we were in "urgent need" of a short and simple explanation of Freegold. He persist
Wednesday, May 1, 2019
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