Category Archives: Economic

Jim Rogers "Quite Sure" Gold Will Hit $2000, Dollar Will Lose Reserve Status

Jim Rogers “Quite Sure” Gold Will Hit $2000, Dollar Will Lose Reserve Status Famed investor Jim Rogers is “quite sure gold will go over $2000 per ounce during this bull market.” Rogers’ confidence gold will continue to rally stems from a view the U.S. dollar is on its way to losing status as the world’s reserve currency.

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BBC NEWS | Business | Russia and China eye $5.5bn deals

We’ve seen this coming for a while now, so we can’t say that it’s a surprise. The demise of the US Dollar is all but sealed, hope you’re prepared. BBC NEWS | Business | Russia and China eye $5.5bn deals Russia and China eye $5.5bn deals Join our discussion on this on The Preparedness Podcast Forum.

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The Long Slog: Out of Work, Out of Hope – WSJ.com

It’s hard to hear about these people that have been without a job for so long and see what they’re going through, and it’s frustrating that there’s little that anyone can do about it. The unfortunate reality is that it’s going to be like this for quite a bit longer; there is no recovery taking place. For if there was, you would see many of these people getting back into the work force. There’s a lot to soak up in this article: – People can’t drive much because there’s no money for fuel; – People forced into an early and … Continue reading

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The Game Plan for the Dollar (Got Gold?)

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Unemployment Jumps to 9.7 Percent – Political News – FOXNews.com

As typical, we can expect these numbers to increase for August after they have done a “better recounting.” Unemployment Jumps to 9.7 Percent – Political News – FOXNews.com The unemployment rate jumped almost half a point to 9.7 percent in August, the highest since 1983, reflecting a poor job market that will make it hard for the economy to begin a sustained recovery. While the jobless rate rose more than expected, the economy shed a net total of 216,000 jobs Also on Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=aa.NY.SpFOnY

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The Coming Hyperinflation

I don’t know anything about this group yet, but I thought this video was very well done.  I didn’t see anything in it that I haven’t already seen from countless other sources, but this does a great job of putting it all together. Oh, and take note of the economists that have been telling us that nothing bad is going to happen, over and over (I won’t say his name, but it rhymes with Bernanke)

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Indications of Things Yet to Come

I just made the post below about having some fun and do a little gaming, and after this post, you’re going to need it. Below is a collection of articles that I’ve been going over recently, and while I hate to keep bringing bad news, I think it’s important that we stay focus right now. Things are moving much to quickly to “forget about it” for too long. Definitely, take some time off when you need it, but remain focused on what you need to do to get better prepared. As I’ve often mentioned, keeping your eye on “the ball” … Continue reading

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Updates and News

Sorry it’s been a while since there’s been a post on here. Frankly, we’ve been pretty busy keeping up with the news and working on the “Fast Packs and Bugging Out” Podcast Series that will be coming in a couple of weeks. In past podcasts, we’ve gone over how to stay on top of the news and what’s happening all over the place.  The Internet is a great thing, but sometimes can be overwhelming to process all the info. Using software tools like Google Reader and other RSS readers can really cut down on the amount of time you spend … Continue reading

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Expand Your Skills in a Tough Job Market

As the economy continues its downturn jobs become scarcer, especially in the service sector. As of this writing the official jobless rate is 9.5% (we all know it probably double that) and June saw 467,000 job cut. This does not bode well for many, and in my opinion, for those whose skills lie solely in the field of the service sector. Those people have no really useful skills should business stop functioning or the tech sector fall apart. How many today are unable to do simple repairs around the house or maintenance on their vehicles? Expand your skills are learn … Continue reading

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Safe Deposit Box, is it Safe?

We all like to think that using a safe deposit box is a safe and good idea. As it turns out, It can be the worst of ideas. Watch the video then decide for yourself. Mike@PrepCast.info

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