Here are the latest items and commentary on current economics news, market trends, stocks to watch, investing opportunities, hedges, and the precious metals markets, all from the quirky “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR [1]:
Stocks:
Should we embrace the froth or dump the currently over-bought American stocks [2]? Prudence dictates the latter. Therefore hedge into tangibles like silver, folks.
Commodities Economics:
Because of higher crude prices and the first approved shipments to Asia [3], the Bakken shale oil producing region as well as the adjoining oil fields in Alberta seem to be bouncing back [4] from their recent slump. (That slump can be directly traced to a secret agreement between the Obama Administration and the Saudi monarchy. Hence there was a glut in oil production and consequently a collapse in global crude oil prices.)
Tech:
Wow! Talk about froth… Apple is now worth more than $775 billion — another new record for the biggest U.S. stock [5]
Forex:
The slide in the value of the U.S. Dollar on the Forex last month may now be reversing [6]. So if you hedged into Swiss Francs (CHF) as I recommended last year, then just hold–at least for now.
Stocks:
Jim Cramer compares the 2000 dotcom bubble bust to today’s market moves [7]. Hmmmm… A repeat of the 2000 market crash in shares may be in the offing. Hedge a little and pray a lot. However, don’t go out on a limb and short the market, at least not yet. (Methinks the market bubble may get bigger before it pops.)
Stocks:
The price of Sturm, Ruger & Co. (RGR) has recovered to around $59 per share [8]. That bounce is not bad for any gun maker in the current post-election doldrums. As always, stick with only well-capitalized companies that are both technically innovative and responsive to market cycles.
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos [9] page for our detailed disclaimers.