Silver as an investment

ZeroHedge: Suicide Rates In Rural America Jump, Nearly Half A Million Dead

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Suicide Rates In Rural America Jump, Nearly Half A Million Dead

A new study published last week sounds the alarm on a suicide crisis that is crushing rural America. 

From 1999 to 2016, the suicide rate of Americans ages 25 to 64 jumped 41%, researchers noted in JAMA Network Open. The study found Americans living in rural communities had a 25% higher probability of taking their own life than those in cities. 

The study, Contextual Factors Associated With County-Level Suicide Rates in the United States, 1999 to 2016was led by Danielle Steelesmith, a postdoctoral fellow at Ohio State University’s Wexner Medical Center, said suicide rates have been increasing in rural America thanks to increasing poverty, low incomes, farming bust, deindustrialization, and vast amounts of underemployment. 

“Those factors are really bad in rural areas,” said Steelesmith.

Steelesmith said from 1999 to 2016, there were 453,577 suicides among Americans ages 25 to 64, with the most significant amount occurring after 2010 through 2016. About 350,000 of the deaths were male, and many were middle-aged adults. 

The highest observed suicide rates were in the West, including in Colorado, New Mexico, Utah, and Wyoming; Appalachia, including counties in Kentucky, Virginia, West Virginia; and the Ozarks, including counties in Arkansas and Missouri.

“Long-term and persistent poverty appears to be more entrenched and economic opportunities more constrained in rural areas. Greater social isolation, challenges related to transportation and interpersonal communication, and associated difficulties accessing health and mental health services likely contribute to the disproportionate association of deprivation with suicide in rural counties,” Steelesmith said.

The study’s social fragmentation index includes levels of single-person households, unmarried residents, and resident impermanence. (more…)

via zerohedge

Is Corporate Media Tricking the Public with Reports that the Stock Market Is Setting New Highs?

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Is Corporate Media Tricking the Public with Reports that the Stock Market Is Setting New Highs?

By Pam Martens and Russ Martens: September 9, 2019 ~ On January 26, 2018 the Dow Jones Industrial Average set a new record high of 26,616.71. Despite setting new highs multiple times thereafter, the moves were so negligible on a percentage basis that the reality is that the stock market has been a real dog over the past year and a half. This past Friday, the Dow closed at 26,797.46. That’s a meager 180.75 points, or less than a one percent move, in 19 months. That’s not exactly the stuff that retirement dreams are built on. But if you’re a typical American who has to rely on headlines or TV sound bites to tell you what’s going on in the market because you’re too busy working long hours, running the kids to dentist appointments and soccer games, doing grocery shopping and laundry on the weekends, then you may have been … Continue reading

Marc Faber : We Are Already in a Recession

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

World renown author and forecaster Marc Faber's [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets,The Great Money Illusion; The Confusion Of The Confusions] latest take on the situation:

In a recent interview, Legendary contrarian investor Dr. Marc Faber warned that the huge asset bubble will be Deflated and we are already in a recession, saying, “Forget about the coming slowdown because the economy has already been backing up for months and we’re likely already in a recession.”

[[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]

Here’s the Proof the Federal Government Is Overtly Lying to the Public about Wall Street’s Derivatives

Here’s the Proof the Federal Government Is Overtly Lying to the Public about Wall Street’s Derivatives

By Pam Martens and Russ Martens: September 6, 2019 ~ Based on every meaningful investigation into the epic financial crash of 2008 that resulted in the worst economic crisis in the U.S. since the Great Depression, derivatives that were concentrated at Wall Street’s largest banks played a central role in the crisis. And yet, 11 years later, neither Federal regulators nor Congress have meaningfully reined in these risks. Three years ago we reported on President Obama’s press conference of March 7, 2016 where Obama overtly misled the American people about how Wall Street banks were complying with the 2010 Dodd-Frank financial reform legislation that mandated that the banks’ trillions of dollars in dangerous derivatives be centrally cleared rather than traded as opaque private contracts between two counterparties. President Obama stated during this press conference that “you have clearinghouses that account for the vast majority of trades taking place.” That wasn’t … Continue reading

Why Is JPMorgan Chase Always in the Middle of Scandalous News? Fake Gold Anyone?

Why Is JPMorgan Chase Always in the Middle of Scandalous News? Fake Gold Anyone?

By Pam Martens and Russ Martens: September 5, 2019 ~ If your bank is under a criminal probe for potentially rigging gold and silver markets, it doesn’t help your case to have $50 million in fake gold bars sitting in your vaults. Nonetheless, this is what Reuters reported last week: “In the last three years, bars worth at least $50 million stamped with Swiss refinery logos, but not actually produced by those facilities, have been identified by all four of Switzerland’s leading gold refiners and found in the vaults of JPMorgan Chase & Co., one of the major banks at the heart of the market in bullion, said senior executives at gold refineries, banks and other industry sources.” Last month there was another bizarre story making the wires about JPMorgan Chase owning a ship that was raided and found to contain 20 tons of cocaine. (See With Three Felony Counts … Continue reading

Hurricane Dorian Has Regained Strength And Is Reportedly “On A Collision Course With The Carolinas”

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Are the Carolinas about to take a direct hit from Hurricane Dorian?  As you will see below, that is what some mainstream media reports appear to indicate, but the truth is much more nuanced than that.  Yes, Dorian is definitely heading toward the Carolinas, and without a doubt there is a possibility that it could make landfall along the coast, but there is no guarantee that this will happen.  Meteorologists are telling us that Dorian will eventually be pushed out of danger to the north and east, but that may not happen in time to spare many coastal communities in both North and South Carolina.  And let there be no mistake – this remains an exceedingly dangerous storm.  In fact, in recent hours the storm has regained strength and has become even larger

Stronger and a little larger, Hurricane Dorian is gradually leaving Florida behind, setting its sights on the coasts of Georgia and the Carolinas. These areas face a triple threat of “destructive winds, flooding rains, and life-threatening storm surges,” according to the National Hurricane Center.

We actually do not know if Dorian will make landfall in the Carolinas at this point, but after reading some mainstream articles you would be tempted to think that is precisely what is going to happen.  For example, the following comes from USA Today

Hurricane Dorian swept past Florida on Wednesday on a collision course with the Carolinas, claiming its first life in the U.S. and promising heavy rains, powerful winds and damaging surge.

That certainly makes it sound like the Carolinas are definitely going to take a direct hit from this storm, right?

But the latest official forecast makes it very clear that things could go either way.  The following comes to us from the NOAA

At 800 PM EDT (0000 UTC), the large eye of Hurricane Dorian was located near latitude 30.9 North, longitude 79.8 West. Dorian is moving northward near 8 mph (13 km/h). A turn to the north-northeast is anticipated on Thursday, with a turn toward the northeast on Thursday night. A northeastward motion at a faster forward speed is forecast on Friday. On the forecast track, the center of Dorian will continue to approach the coast of South Carolina tonight, move near or over the coast of South Carolina on Thursday, and then move near or over the coast of North Carolina Thursday night and Friday.

But whether this storm officially makes landfall or not, the storm surge that will be created will certainly be immense.

And even though it is no longer a Category 5 storm, Dorian is still capable of “pushing vast amounts of water” because of how absolutely enormous it is…

Now that Dorian is starting to accelerate northward, the storm surge threat to the vulnerable Southeast U.S. coast will increase. Dorian’s enlarged circulation is pushing vast amounts of water, so the surge will be larger than one might assume from Dorian’s decrease from Category 5 to Category 2 strength. Hurricanes such as Ike (2008) and Sandy (2012) produced massively destructive surge long after their peak winds decreased and their circulations expanded.

So those along the Carolina coastline that are not taking this storm seriously are in desperate need of a reality check.

According to Fox News, some of the waves could be up to 37 feet high.

More than a million people along the east coast have been ordered to evacuate, and North Carolina Governor Roy Cooper is strongly urging those in the danger zone to obey those orders

“Leave now if you are in an area where an evacuation has been ordered,” North Carolina Gov. Roy Cooper urged. “It is not worth putting your life – or the life of first responders – at risk.”

Cooper said an 85-year-old man fell to his death from a ladder while preparing his Columbus County home for the storm. At least 20 deaths in the Bahamas have been linked to Dorian.

In life, timing can be everything, and if you are in the wrong place at the wrong time it can literally cost you your life.

By the beginning of next week communities along the Carolina coastline will be completely out of danger, but over the next couple of days we could potentially see some needless deaths because certain people stubbornly refused to evacuate.

If you don’t believe that the danger is real, perhaps you need to read more about what this storm just did to the Bahamas

The extent of Dorian’s destruction across the Northern Bahamas is immense. As seen from the air over Abaco Island, the damage stretches for miles.

Entire neighborhoods are flattened, homes shredded, shipping containers and boats hurled inland. Some airports now look more like lakes. The terminal of one airport is now shrouded in debris.

Yes, Dorian is no longer a Category 5 storm, but neither was Hurricane Katrina when it hit New Orleans.

In fact, Hurricane Katrina was only a Category 3 storm when it finally made landfall.

We should be thankful that a “worst case scenario” for this storm never materialized, because what happened to the Bahamas could have very easily happened to us.  It was the worst natural disaster that those islands have ever seen, and the recovery process is going to be measured in years.

By Saturday the danger should be gone, but authorities are watching several more potentially dangerous storms right now.  Hurricane season does not end until November 30th, and so we are definitely not out of the woods yet.

Global weather patterns have definitely been behaving very strangely all year long, and we could most certainly see even more surprises in the weeks ahead.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post Hurricane Dorian Has Regained Strength And Is Reportedly “On A Collision Course With The Carolinas” appeared first on The Economic Collapse.

“Monster” Hurricane Dorian Is Projected To Be “A Very Big Hurricane, Perhaps One Of The Biggest”

via the economic collapse blog Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Well, that certainly escalated quickly.  On Wednesday we were told that Hurricane Dorian would only be a Category 3 storm when it hits the Florida coastline, but now we are being told that it will be a Category 4 storm.  Hurricane Dorian is rapidly gaining strength over very warm waters in the Atlantic Ocean, and the latest forecast has it making landfall somewhere along the east coast of Florida on Monday.  If it is officially a Category 4 storm when it arrives, it will be the most powerful storm to hit the east coast of Florida since Hurricane Andrew in 1992.  Dorian is being described as a “monster hurricane”, and Florida Governor Ron DeSantis has already declared a state of emergency for all 67 counties in the state of Florida.

We will see how things develop over the next several days, but at this point it has become clear that Dorian has the potential to be an exceedingly dangerous storm.

In fact, President Trump himself is telling us that Dorian could be “perhaps one of the biggest” hurricanes that the U.S. has ever seen…

Hurricane Dorian looks like it will be hitting Florida late Sunday night. Be prepared and please follow State and Federal instructions, it will be a very big Hurricane, perhaps one of the biggest!

The reason why meteorologists are so concerned is because Dorian will be traveling over extremely warm waters for the next 48 hours, and that means that we should see “steady intensification during the next 2 to 3 days”

“The warmer the water, the more moisture is in the air,’’ the website for the National Oceanic and Atmospheric Administration says. “And that could mean bigger and stronger hurricanes.’’

The weather service said current conditions in the Atlantic “should allow for at least steady intensification during the next 2 to 3 days.’’

We haven’t seen such favorable conditions for a storm in a very long time, and so ultimately it is difficult to project just how bad this storm will turn out to be.

At this point, authorities are telling us that we should expect winds of “at least 130 mph” when it finally strikes the mainland…

It is in that kind of environment that Hurricane Dorian, currently at Category 1, is expected to gain considerable strength as it heads northwest, with the Sunshine State almost certainly on its path.

Forecasts call for Dorian to increase in intensity and become a Category 4 hurricane, with winds of at least 130 mph, and it could strike the U.S. on Labor Day. The National Hurricane Center says it will “remain an extremely dangerous hurricane through the weekend.’’

It is interesting to note that Thursday is the 14th anniversary of Hurricane Katrina hitting New Orleans.  We remember what a monstrous storm that was, but the truth is that it was only a Category 3 storm when it made landfall…

New Orleans Mayor LaToya Cantrell commemorated the 14th anniversary of Hurricane Katrina today during a wreath-laying ceremony.

LaToya and other public officials gathered at the Katrina Memorial on Canal Street to remember the victims of the storm, which made landfall near Grand Isle, Louisiana, in 2005 as a Category 3 storm with winds near 127 mph.

So that means that Hurricane Dorian has the potential to be worse than Hurricane Katrina.

And Florida is not the only state that is in danger.  Some meteorologists are warning that after it passes over Florida, Dorian could enter the Gulf of Mexico, restrengthen, and make “a second landfall” somewhere along the Gulf Coast…

Though it’s forecast to hit somewhere along the east coast of Florida, there “is certainly a chance that the storm could drift into the Gulf of Mexico and produce a second landfall,” noted University of Georgia meteorologist Marshall Shepherd in Forbes.

In addition, we shouldn’t discount the possibility that Dorian could continue turning south, bypass Florida entirely, and enter the Gulf of Mexico as one of the most dangerous storms that we have ever seen.

Needless to say, that would definitely be a “nightmare scenario”, and there are many of us that will be watching the development of this storm with great interest.

We just don’t know how this storm is going to play out yet, but store shelves in Florida are already being stripped clean as residents feverishly prepare for what is ahead

In Port Orange, 40 miles northeast of Orlando, Brooke Koontz found shelves of bread and water nearly empty at a Walmart on Wednesday. There were also slim pickings among canned goods, toiletries and bananas, too.

Thankfully, soon after she arrived, employees brought out a pallet of water.

“It was gone in seconds,” she told CNN. “People were trying to race.”

Of course if they had gotten prepared in advance, there would be no need to panic.

What is happening in Florida right now should be a lesson for all of us.  If a horrific national crisis of some sort were to suddenly erupt, food and other critical supplies would disappear from the stores almost instantly.  If you were not one of the lucky few that got to the stores in time, you would be forced to depend on whatever you already had on hand.  And for many Americans, that is not a whole lot.

If this storm is as powerful as they are now projecting, it is likely that there will be widespread power outages.  One south Florida resident told one reporter that his family was without power for 13 days after Hurricane Irma struck two years ago…

Sanchez, who was filling tanks of gas for generators after he waited his turn, told NBC affiliate WBBH of Fort Myers that he didn’t want to have to relive what he and his family went through during Hurricane Irma two years ago.

“We were stuck with no electricity for almost 13 days, so you see I’m going to be prepared,” he said.

It certainly appears that this storm will be much more powerful than Hurricane Irma was when it made landfall, and that is really, really bad news for those living in the Sunshine State.

Let’s keep them in prayer, and let’s also hope that this storm doesn’t get into the Gulf of Mexico, because that would be the worst scenario of all for this storm.

About the author: Michael Snyder is a nationally-syndicated writer, media personality and political activist. He is the author of four books including Get Prepared Now, The Beginning Of The End and Living A Life That Really Matters. His articles are originally published on The Economic Collapse Blog, End Of The American Dream and The Most Important News. From there, his articles are republished on dozens of other prominent websites. If you would like to republish his articles, please feel free to do so. The more people that see this information the better, and we need to wake more people up while there is still time.

The post “Monster” Hurricane Dorian Is Projected To Be “A Very Big Hurricane, Perhaps One Of The Biggest” appeared first on The Economic Collapse.

The Bizarre Action in U.S. Treasuries Is Linked to the U.S. National Debt and the Repeal of the Glass-Steagall Act

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

The Bizarre Action in U.S. Treasuries Is Linked to the U.S. National Debt and the Repeal of the Glass-Steagall Act

By Pam Martens and Russ Martens: August 29, 2019 ~ Yesterday, the Dow Jones Industrial Average closed up 258 points but the yield on the 10-Year U.S. Treasury fell below 1.50 percent. In a normal market, if stocks are rallying that means there is confidence in the trajectory of economic growth in the U.S. When yields are collapsing on U.S. Treasuries, that means there is no confidence of sustained growth in the economy. So you can see why yesterday’s market activity is a serious contradiction of norms. We believe the Treasury market is already discounting (looking ahead and factoring in) what the next recession is going to look like because of constraints on how much fiscal spending the Federal government can deploy. To understand just how unprecedented the current amount of national debt is, one has to have some historical figures. At the beginning of the Bill Clinton Presidency in … Continue reading

Marc Faber : #Trump Changes his mind 5 times a day he is desperate to get reelected in 2020 .

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

World renown author and forecaster Marc Faber's [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets,The Great Money Illusion; The Confusion Of The Confusions] latest take on the situation:

In a recent interview with the economic times of India , Doctor Marc Faber, Editor of the Gloom, Boom & Doom Report talked about what he thinks of Trump , the american and global markets .
Quote :

first of all I have to say that Mr Trump changes his views about five times a day, but he is…

[[ This is a content summary Only. Please Visit http://www.marcfabernews.com or the other Marc Faber Blog http://faber-blog.blogspot.com for the full story, >>>>]]

ZeroHedge: Mish: Here’s The Many Ways That Democrats Are After Your Money

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

Authored by Mike Shedlock via MishTalk,

Democrat candidates are lining up with numerous radical schemes to take your money.

Cornucopia of Schemes to Take Your Money

The Democrats are competing with each other with ideas to take your money and waste it.

For example, Senator Ron Wyden proposes taxing your money before you even have it.

Rethinking Capital Gains

Please consider Democrats’ Emerging Tax Idea: Look Beyond Income, Target Wealth.

Biden Plan

Former Vice President Joe Biden, the candidate most prominently picking up where Mr. Obama left off, has proposed repealing stepped-up basis. Taxing unrealized gains at death could let Congress raise the capital gains rate to 50% before revenue from it would start to drop, according to the Tax Policy Center, because investors would no longer delay sales in hopes of a zero tax bill when they die.

And indeed, Mr. Biden has proposed doubling the income-tax rate to 40% on capital gains for taxpayers with incomes of $1 million or more.

But for Democrats, repealing stepped-up basis has drawbacks. Much of the money wouldn’t come in for years, until people died. (more…)

via zerohedge