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 | James Howard Kunstler |
Another Quandary  |
| That crusty ole rascal, Gov. Jerry Brown of California, seems to be enjoying his sunset journey into Civil War Two or maybe the destination is more like Blade Runner (since we know that history only rhymes but does not repeat). Anyway, it’s not a good place. The once-golden state begins to look something like what one federal official recently called — dare I say it? — a shithole.
A mix of used hypodermic needles, human feces, and other trash litters the streets and sidewalks in a large sectionFriday, March 9, 2018 |
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 | Mac Slavo - ShtfPlan |
| Democrats Want To BAN Gas And Diesel Cars By 2040 To Make California More Like China |
| One California lawmaker is seeking to have the state ban all vehicles powered by fossil fuels by the year 2040. Should the bill succeed in becoming a law, the state of California would not allow residents to register any vehicle that emits carbon dioxide.
According to Bloomberg, California Assemblymember Phil Ting, a Democrat who is chairman of the chamber’s budget committee, said he plans to introduce a bill that, starting in 2040, would allow the state’s motor vehicles department to register Wednesday, December 6, 2017 |
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| Mac Slavo - ShtfPlan |
| California Wildfires Toll: 42 Dead, $1 Billion In Damages, 8400 Structures Destroyed |
| The California wildfires created one of the most devastating events in the state’s history. The newest updated numbers are giving us a glimpse into the peril caused in the Golden State.
Thousands of people have been, and still, remain displaced by the fires in California know all too well how dire the situation has become. Now that the fires have been almost completely contained and the extent of the damage has become much more clear, there can be a more comprehensive update of those numbers.
MThursday, October 26, 2017 |
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| Mac Slavo - ShtfPlan |
 What Would Really Happen If California Seceded  |
| There are two kinds of people who support the Calexit movement. People living in California who think that their state would be far better off without being hitched to the rest of the union, and people living in every other state who can’t wait to get rid of California.
I’d wager that latter of those two know something that most Calexit supporters in California do not. They know that the golden state is a toxic influence on the rest of the country. It’s become a breeding ground for leftists ideoFriday, August 4, 2017 |
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 | Mark O'Byrne - gold.ie |
| Pensions Timebomb In America – “National Crisis” Cometh |
| Pensions Timebomb – Pensions “Are Going To Be A National Crisis”
– America’s underfunded pension system is “not a distant concern but a system already in crisis”…
– Tax may explode as governments seek to bail out insolvent pension plans
– Illinois, California, New Jersey, Connecticut, Massachusetts, Kentucky and eight other states vulnerable
– The simple mathematical mismatch at the heart of the pension crisis…
– Why the pension crisis really is “America’s silent crisis”…
– Pensions timebomb conFriday, June 30, 2017 |
|
 | Jason Hamlin - Gold Stock Bull |
| 10 Predictions for 2017: Gold, Stocks, Trump, Putin and War |
| “As for me, all I know is that I know nothing.” – Socrates
The quote is a paradox within itself, but sums up the outlook of anyone that has gleaned a grain of wisdom in their life. Yet, here I am offering predictions for the future, a thing one could know with even less certainty than present conditions. We study trends, monitor political events, consider “cui bono” in all events and give it the old college try.
Gold at $1,500: The gold price will climb above $1,500 in 2017, with the potentialTuesday, January 3, 2017 |
|
 | Peter Degraaf |
An open letter to mining CEO's  |
| Consider changing the policy of shipping your product into the warehouses that supply bullion which backs up futures contracts.This procedure is helping those who are depressing the price that you receive for your bullion!Instead you need to 'starve the paper market', and think of ways to convert your bullion into retail products.There is rapidly growing demand on the retail side for finished products!Here are some examples:FeaturedWednesday, April 6, 2016 |
|
| Jason Hamlin - Gold Stock Bull |
| 7 Predictions for 2016: Gold, Energy, Equities, Bitcoin, Trump |
| Despite my hesitation writing another piece like this, love seem to love prediction articles. It used to be easier an easier task to simply identify and go with the trends, but so much is now up to the whims of our central planners that it is nearly impossible to have much accuracy. There are just my best guesses and I will make sure to revisit them in another 12 months to see if how well they held up.#1) The stock market corrects sharply from overbought levels, driven partly by increasing interFriday, January 1, 2016 |
|
| Jason Hamlin - Gold Stock Bull |
| 7 Predictions for 2016: Gold, Energy, Stocks, Bitcoin |
| Despite my hesitation in writing another piece like this, people seem to love prediction articles. It used to be an easier task to simply identify and go with the trends, but so much is now up to the whims of central planners that it is nearly impossible to have much accuracy. These are just my best guesses and I will make sure to revisit them in another 12 months to see how well they held up. Here are my seven predictions for 2016:#1) The stock market corrects sharply from overbought levels, drFriday, January 1, 2016 |
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| 24hGold - Associated Press |
| Exxon Mobil to sell troubled Southern California refinery |
| LOS ANGELES (AP) -- Exxon Mobil Corp. is selling its troubled Southern California refinery for $537 million to a New Jersey energy company more than six months after an explosion crippled the plant and led to higher gas prices in the Golden State, according to an announcement Wednesday. PBF Energy Inc., one of the largest independent oil refiners in North America, said it will purchase the Torrance plant that can process 155,000 barrels of crude oil a day. The rWednesday, September 30, 2015 |
|
 | John Rubino - Dollar Collapse |
| The Coolest Silver Coins, Finally Back On The Market |
| In 2005 a New Jersey car dealer named Chris Duane started questioning the
system that let his customers borrow ridiculous amounts of money to buy the
frivolous things he was selling. He studied a little monetary history and concluded
that fiat currency was a doomed concept and that sound money, especially silver,
would soar in value when the fiat experiment inevitably crashed and burned.
He sold his house, left the family business and committed to helping others
prepare for the crisiThursday, April 23, 2015 |
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| Mac Slavo - ShtfPlan |
| NASA Signals Crisis: “California Has About One Year of Water Left” |
| The California drought has already been alarming enough not only for residents of the state – whose water supply was never secured, and has constantly been the source of heated controversy – but those across the country and globe who depend up on its agriculture for survival.
As SHTF reported back in November, NASA scientists have already warned that California’s groundwater supplies are at critical low points, and threatening the food supply:
A new Nature Climate Change piece, “The global grounSaturday, March 14, 2015 |
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 | Tim Iacono - Iacono Research |
| Big Usually Means Ugly |
| According to this LA Times story that was accompanied by the somewhat disturbing graphic reproduced below, after a short absence, McMansions have returned to Southern California.
The report opens with the instant classic “When the going gets less tough, Americans get stupid.” And it gets better from there, prompting some mid-2000s flashbacks from yours truly who sold a couple years before home prices peaked in the Golden State and had to sit back, as a lowly renter, and watch it all play out in Friday, May 16, 2014 |
|
| Tim Iacono - Iacono Research |
The Drought in the Golden State  |
| This item at The Economist’s Daily Chart feature and the graphic below that was pulled from it detail the dire state of affairs in California these days, water-wise.
They’ve reportedly got the budget under control (thanks in large part to the combination of yet another real estate boom/bubble and yet another technology boom/bubble), but what’s being called the worst drought in 500 years may be a more difficult problem to solve.
I remember that early-1990s dry spell – people were painting theirSaturday, April 26, 2014 |
|
| Tim Iacono - Iacono Research |
| Monday Morning Links |
| MUST READS
Surprise tactics sweep central banking – Reuters
Yellen to get quizzed as taper-timing debate rages – MarketWatch
Race to Bottom Resumes as Central Bankers Ease Anew – Businessweek
The problem with the Fed’s QE – Banks just aren’t lending – CNBC
Reports of the eurozone’s survival may have been exaggerated – Telegraph
Fresh ink brings new type of currency war – CNN/Money
State and local government austerity is over – Calculated Risk
About Our “Spending Problem” (Revisited) – The Big PiMonday, November 11, 2013 |
|
| Tim Iacono - Iacono Research |
| Housing Boom Returns to Elk Grove, CA |
| This short video via this story from CBS News Sacramento chronicles the housing rebound in one of the nation’s mid-2000s housing bubble hotspots – Elk Grove, California. According to the report, this town was, at one point, the fastest growing city in the country.
Though we never really visited Elk Grove when we lived in the area, we’d go by that unfinished shopping mall whenever we’d head north through Sacramento and it was a real eyesore. It’s been a while since we visited the Golden State anMonday, July 29, 2013 |
|
 | Jeffrey Lewis |
| Who Found Silver Coin Prices Under $30 |
| Thanks to all of you for helping me win my bet...The other day I was having a debate with a friend about where premiums would go in the short term -- after the big sell off. As you know, there has been a ton of excitement about surging demand and signs of shortage. Physical inventories have been tight for quite some time, but there has been inventory out there. I believe what we could be seeing is a sell down of current inventory with some dealers (who can afford to bet that prices will rise) seMonday, April 22, 2013 |
|
 | Mish - Global Economic Analysis |
| Golf star Phil Mickelson may bolt California over taxes; Time to Send Taxifornia a Messa |
| Golf star Phil Mickelson has had enough of California taxes. He totaled up Federal and California state taxes and came up with 62%.
What about sales taxes? Regardless, he has finally had enough of Taxifornia.
Fox News reports Teed off: Golf star Phil Mickelson may bolt California over taxes
For golf legend Phil Mickelson, the low 60s makes for a great score on the links — and a lousy tax rate in his home state of California.
Mickelson said “drastic changes” are ahead for him due to federalTuesday, January 22, 2013 |
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