Silver as an investment

Tag Archives: John Williams

It Is Mathematically Impossible To Pay Off All Of Our Debt

Submitted by Michael Snyder via The Economic Collapse blog, Did you know that if you took every single penny away from everyone in the United States that it still would not be enough to pay off the national debt?  Today, the debt of the federal government exceeds $145,000 per household, and it is getting worse […]

Hyperinflation in Art Investment Market as Picasso Sells for $179 Million

Hyperinflation in Art Investment Market as Picasso Sells for $179 Million – Picasso’s “Les Femme d’Alger” sells for a record $179 million- Most expensive painting ever sold at auction- Hyperinflation in art market as painting appreciated nearly $150 million in 20 years …- Reports in February of the private sale of Gauguin’s “When Will You […]

The Average Age Of A Minimum Wage Worker In America Is 36

Submitted by Michael Snyder via The Economic Collapse blog, Did you know that 89 percent of all minimum wage workers in the United States are not teens?  At this point, the average age of a minimum wage worker in this country is 36, and 56 percent of them are women.  Millions upon millions of Americans […]

16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here

Submitted by Michael Snyder via The Economic Collapse blog, If U.S. economic growth falls any lower, we are officially going to be in recession territory.  On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015.  That was much lower than all of the “experts” were […]

16 Signs That The Economy Has Stalled Out And The Next Economic Downturn Is Here

If U.S. economic growth falls any lower, we are officially going to be in recession territory.  On Wednesday, we learned that U.S. GDP grew at a 0.2 percent annual rate in the first quarter of 2015.  That was much lower than all of the “experts” were projecting.  And of course there are all sorts of […]

HSBC Not Closing Gold Vaults – Safety Deposit Boxes of Clients? Being Closed

HSBC Not Closing Gold Vaults – Safety Deposit Boxes of Clients‏ Being Closed – Incorrect rumors abound around blogosphere that HSBC is rapidly and quietly closing gold vaults- HSBC are in fact closing down their safety deposit box facilities in vaults in branches- Banks internationally closing boxes as not profitable and move to “cashless society”- […]

Futures At Overnight Highs On China PMI Miss, Europe PMI Beat

It is a centrally-planned “market” and everyone is merely a bystander. Last night, following a dramatic China PMI miss, which as previously reported tumbled to the worst print since early 2014 and is flashing a “hard-landing” warning, the Shanghai Composite first dipped then spiked because all a “hard-landing” means is even more liquidity by the […]

Nearly At “Full Employment”? 10 Reasons Why The Unemployment Numbers Are A Massive Lie

Submitted byMichael Snyder via The Economic Collapse blog, On Friday, we learned that the official “unemployment rate” has fallen to 5.5 percent. Since an unemployment rate of 5 percent is considered to be “full employment” by many economists, many in the mainstream media took this as a sign that the U.S. economy has almost fully […]

From One Non-Profit To Another – Jay Carney Moves To Amazon

As one wit noted, it appears former White House Press Secretary Jay Carney is moving from one non-profit organization to another. As Politico reports, Carney joins Amazon on Monday as senior vice president for Worldwide Corporate Affairs – reporting directly to Jeff Bezos and topping current veteran PR Chief Paul Misener.   As Politico reports, […]

The Bond Market Has Reached Tulip Bubble Proportions

By EconMatters     Fed Officials Trying to Send Signals to the Bond Market   James Bullard on Friday noted that the Bond Market was far too dovish in relation to where the Fed is in regard to raising rates in June, and this might be the understatement of the year so far. For example the U.S. 2-Year Bond […]