In this special interview, Jim Puplava sits down with Martin Armstrong, the esteemed global investor and creator of the widely-cited Economic Confidence Model (see image below), to address a number of myths floating around in the financial community.
CRA cracking down on middle-income tax cheats (westcoastjan)
reports released under the Access to Information Act, requested by The Canadian Press. The “underground economy,” or commercial activity that is unreported for tax reasons, was worth an estimated $38-billion in 2008, according to Statistics Canada.
Sweeping offshore tax-evasion probe that targets thousands to give feds access to Canadian information Massive offshore tax haven account leak includes names of 450 wealthy Canadians Recent CRA initiatives, such as the High Net Worth (HNW) Project, or the Related Party Initiative, focused on high net worth individuals ($50-million-plus) who may control or have significant interests in a large number of entities.
Americans Would Rather Be Skinny Than Debt-Free (westcoastjan)
In a similar vein, 43 percent of those surveyed agreed with the statement: "How much I weigh is more important than how much debt I have."
The pension downside of living longer (westcoastjan)
Life annuity payouts, for instance, depend on prevailing long-term interest rates, age, gender, as well as longevity expectations. Longer expected lives mean a smaller monthly payout, all other things being equal.
Silver: The Noise is Deafening! (GE Christenson)
I turned bullish on silver back in 2003. I knew it was too high in April 2011 and due to correct. I thought the correction low occurred in June 2012 at about $26. Oops – it happens. When elephants fight, the grass gets trampled. When the bullion banks, central banks, the Powers-That-Be, and politicians pursue an agenda (such as levitating the S&P and pushing gold lower) the rest of us can be crushed.
If average Americans don't get paid living wages, they can't spend much money buying products and services. And when average Americans can't buy products and services, the companies that sell products and services to average Americans can't grow. So the profit obsession of America's big companies is, ironically, hurting their ability to accelerate revenue growth.
When the cost of extraction begins to rise, it is as if we are pouring more manpower and more resources of many types (steel, fracking fluid, jet fuel, electricity, diesel fuel) into a deep pit, never to be used again. When we put more resources in, we get the same amount of resource out, or even less than in the past. If we want to continue to increase the amount we extract, we have to further increase the quantity of resources used in extraction. I have referred to this issue as the Investment Sinkhole problem. Obviously, if we put more manpower and other resources into this pit, we have less for other purposes.
Increased grazing helps improve soil (westcoastjan)
A few miles west of the Kansas border in Yuma County, Colo., the land stretches north and south along a band of the Arikaree River, a tributary of the Republican River. The ranch, owned by the Nature Conservancy and leased to local rancher Nathan Andrews, is part of a grand experiment. Researchers are putting in practice something called holistic management, or planned grazing.
Gold & Silver
Provided daily by the Peak Prosperity Gold & Silver Group
Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."