When you think about the economy you probably only include your household as an afterthought. The economy is big, and your household is small. The economy includes markets, factories, currency, and monetary policy. When it comes to your household economy you probably think is begins and ends with keeping a budget. It may strike you […]
I recently read on another survival site the discussion over how much cash to sock away for a rainy SHTF and/or how much to Survivalspend in prepping. The consensus of the replies was that $1000 sounded about right for a starting budget for prepping. I don’t know the parameters of the question posed on a […]
It might sound like a conspiracy theory spun by right-wing crazies. But judging by the increasing desperation of governments to reboot the world economy, it just might happen. “It” is the recall or confiscation of cash, i.e., dollars, euros, pounds, etc., in physical form. And a key justification that those calling for this radical measure […]
One of our long-running themes here is that the truly historic and massive flows of gold from West to East is (someday) going to stop, for the simple reason that there will be no more physical bullion left to move. It’s just a basic supply vs. demand issue. At current rates of flow, sooner or […]
Here is the email that I sent out to a few close friends on Wednesday, urging them to get out of the market. Those who did saved a fortune. Those who didn’t have now lost 10%, and that’s just the beginning. If you are reading this, you are either a previous client of mine or […]
You are wondering, what Greece has to do with Preppers. It’s complicated to say the least, but Greece and its citizens are experiencing a crisis, a crisis in which not many of the citizens were prepared for. There is plenty of blame to go around however. The Greek government, the citizens, and the European Union […]
Last week the Greek government imposed capital controls to prevent cash from escaping from the Greek banking system, which is on the brink of collapse. These repressive financial measures, which were invented by “Hitler’s banker” Hjalmar Schacht in the 1930s, include the closing of banks, limiting cash withdrawals from ATMs to 60 euros ($67) per […]
In contemporary discussions of sound money, silver tends to get short shrift. Even among staunch sound money advocates, the historic role of silver as money is often The forgotten history (and potential future) of silver as money picmarginalized or ignored altogether. People who equate sound money with gold and tout the advantages of returning to […]
Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week’s podcast, Jim shares his rational for predicting: increased wealth confiscation by the central planners a pending major financial market collapse gold’s return as the preferred safe […]
Don’t be fooled by the new highs in the flagship US stock indices that are being trumpeted on Wall St as a sign of strength – the internals of the market are terrible and getting worse, and one big sign of impending trouble is the Dow Theory non-confirmation of these new highs by other key […]
