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As The Perfect Storm Approaches, Most Americans Are Partying Instead Of Preparing
I can’t think of a time when Americans were more apathetic about getting prepared, and yet this is exactly the time when the urgency to get prepared should be at the highest. Earlier today, my wife Meranda and I were discussing the fact that every single element of “the perfect storm” is coming together just as we had anticipated. One by one, the pieces are all falling into place, and I share the most recent things that my research has uncovered with all of you on a daily b
"In 30 years, I’ve Never Seen Anything Like This" - Inventory Pileup Sounds Alarm
“In 30 years, I’ve never seen anything like this”: CEO of warehouse operator Pacific Mountain Logistics. Sales at merchant wholesalers (except manufacturers’ sales branches and offices) fell 1% in December 2018, compared to November, to $497.2 billion on a seasonally adjusted basis, and inched up only 1% compared to December 2017, according to the Census Bureau estimates this morning. But inventories at these wholesalers rose 1.1% from November and jumped 7.3% from December 2
The return to a gold exchange standard
This article makes the obvious point that a return to a gold standard is the only way nations can contain the interest cost of servicing debt, given the alternative is inflationist policies that can only lead to far higher interest rates and currency destruction. The topic is timely, given the self-harm of American economic and geopolitical policies, which are already leading America into a cyclical slump. Meanwhile, American fears of Asian domination of global economic, mone
Why S&P Bulls Should Worry As The Baltic Dry Collapse Nears Worst On Record
As we noted recently, despite global stock markets soaring, global freight indices have been more-than-seasonally weak so far in 2019 with the Baltic Dry Index in particular crashing. The Baltic Dry Index represents the cost of renting an ocean-going container ship to move goods from, say, Chinese factories to the Port of Los Angeles. The more stuff being made and sold, the higher the demand for such ships, and thus the higher the price to rent one. And vice versa. This is d
The Coffee Monkey CPO was Launched in Arizona...and Here's Why!
Arizona Committee Passes Bill to Treat Gold and Silver as Money, Remove Capital Gains Taxes PHOENIX, Ariz. (Mar. 8, 2017) by Michael Boldin – Today, an Arizona Senate Committee passed a bill that would eliminate state capital gains taxes on gold and silver specie, and encourage its use as currency. Final approval of the legislation would help undermine the Federal Reserve’s monopoly on money. Former US Rep. Ron Paul testified today in the Senate Finance Committee in support o
