Lousy Durable Goods Data Sink GDP Forecasts for Q2

By Wolf Richter 05/24/2019 Sign the already weak goods-based sector is getting weaker. Boeing, where art thou? Boeing is suffering from a sharp decline in orders, and this translates into a sharp decline in orders for “civilian aircraft” in the durable goods data trove released this morning by the Commerce Department. But it’s not just Boeing. [...] Read more

Russia Boosting Gold Reserves at a Time of Impending US Dollar Crisis – Peter Schiff

By RT News 05/24/2019 The global gold fever, led by Russia which is diversifying its foreign exchange reserves, is the right thing to do as the US dollar’s value is being diminished, CEO of Euro Pacific Capital Peter Schiff told RT. The greenback’s role as a reserve currency is going to be questioned soon, according to Schiff. “I think what Russia [...] Read more

Drop Gold, Buy Bitcoin?

By Jason Hamlin| 05/02/2019 The cryptocurrency company Grayscale has launched a multi-million dollar marketing campaign imploring investors to drop gold and buy bitcoin. It is a slick video and the campaign is getting plenty of attention, but does it make any sense? The “Drop Gold” campaign kicked off Wednesday and features a 39-second commercial [...] Read more

Social Security just ran a $9 trillion deficit, and nobody noticed

By Laurence Kotlikoff, opinion contributor 05/14/2019 Social Security's annual Trustees Report came out recently, and it showed Social Security ran a gigantic $9 trillion deficit between last year and this year. The system's long-term unfunded liability is now $43 trillion, up from $34 trillion last year. Funny, nobody noticed. Did I miss a tweet [...] Read more

Seattle Earthquakes, Surviving Cascadia 9.0 & Worse

This video describes Seattle's true earthquake dangers and what you can do to stay safe. It is based on over a dozen government reports and it debunks common misconceptions about the Cascadia 9.0 quake. Finally, it outlines the actions you can take now to prepare for an earthquake in the Seattle area.

THE FATE OF EMPIRES and SEARCH FOR SURVIVAL Sir John Glubb

Sir John Glubb. John Bagot Glubb was born in 1897, his father being a regular officer in the Royal ... http://people.uncw.edu/kozloffm/glubb.pdf

Gold and commodities

By Alasdair Macleod 11/22/2013 The relationship between gold and commodities is essentially a simple one. If you look at long-term charts of oil priced in gold for example, you find that they have been more constant than oil priced in paper currencies. In 1965, gold was at $35 and oil was priced at $2.90 per barrel, so priced in gold oil was 0.083 [...] Read more

The geopolitics of gold

By Alasdair Macleod 10/10/2013 (SIC) Western central banks have got themselves horribly wrong-footed as a result of not adjusting their anti-gold policies to allow for the realities of Asian gold demand. Though their dealings are shrouded in secrecy, there is compelling evidence that much – if not most – of Western central bank gold has been [...] Read more

"Heavy Hitter" 12ga. slugs

"Heavy Hitter" 12ga. slugs - First Tests - With Exploding Mod A shotgun slug that acts like a HESH tank round! HEAVY HITTER "Steampunk" SLUG - Full Rifling Test

Credit Bubble Bulletin: The Ignore Them, Then Panic Dynamic

By Doug Noland 05/25/2019 After years of increasingly close cooperation and collaboration, the relationship has turned strained. Both sides are digging in their heels. Credibility is on the line. If one side doesn’t back down, things could really turn problematic. The Fed is asserting that it’s not about to lower the targeted Fed funds rate. [...] Read more

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