Economics and Investing:

It is notable that spot gold is now at around $1,187 per Troy ounce, while platinum is down around $978. This nearly $200 price disparity means that you can buy slabbed (PCGS graded) platinum U.S. Mint Liberty bullion coins for less than equivalent weight gold U.S. Mint Liberty bullion coins that are loose (ungraded). In my estimation, that makes platinum a screaming “Buy!”, especially with President Trump’s tax cuts just around the corner. (Those cuts should encourage an economic revival, which will likely mean a return to the historic norm of platinum selling for more than gold.) – JWR

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L.A. needs to borrow millions to cover legal payouts, city report says – H.L.

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Mike Maloney: Prince: GOLD HOARDER? How Much Did He Own?

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Taxpayers Footing the Bill for the Inauguration Junkets

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Living Wage Idiocy and Free Money Experiments

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