Shale oil production is now in the headlines. Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor):
First, over at Gold-Eagle: Arizona Ends Income Taxation On Gold And Silver Coins. So here is JWR‘s Comment: Other States that presently tax bullion coins should follow suit.
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Hubert Moolman just published this commentary: Silver Price Forecast 2018: The US Dollar Breakdown Clears The Way for a 1970s Style Silver Rally
Nick Cunningham reports: Goldman: Oil Glut To Return When OPEC Deal Expires
And over at SRSrocco Report: Shale Oil & Gas Production Costs Spiral Higher As Monstrous Decline Rates Eat Into Cash Flows
On to the foreign exchange (Forex) market, here is some commentary by Mikael Latreille: Euro set to shine as dollar wobbles – LCG
Global Stocks and Bonds:
Moving on to the stock and bond markets, The Wall Street Journal‘s latest numbers.
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Next, some commentary by Lior Gantz: The Market Will Tank Hard
We transition to: Spectre of mass swap unwinds looms ahead of VM deadline
Big Dang Global Bubble:
A Look at the Shocking Student Loan Debt Statistics for 2017. Here are JWR‘s Comments: A whopping $1.44 trillion dollars! Student debt is essentially non-productive and inescapable debt that creates decades of pseudo slavery, I strongly encourage my readers to avoid student loans. Work your way through college. Live frugally. Buy mostly used textbooks. Take five or even six years to get a baccalaureate if you must, but most of all avoid debt. (Most colleges and universities allow you to take multiple breaks of up to a full year, if you explain your financial need.)
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A link by way of ZeroHedge: German Finance Minister sees deal for Greece in three weeks ‘if all goes well’. Europe’s southern tier countries have mountains of debt and their economic woes are the most likely trigger for dissolution of the Euro standard and perhaps even the entire EC.
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Finally, there is this: How Can I Tell if This Art’s a Good Investment?
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Please send your economics and investing news tips to JWR. (Either via e-mail of via our Contact form. These are often especially relevant, because they come from folks who particularly watch individual markets. And with their diligence and focus, we benefit from fresh “on target” investing news. As a result, SurvivalBlog often “gets the scoop” on economic and investing news that is probably missed (or reported late) in other news sources. Thanks!