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, and derivatives, and obscura. Today’s focus is on the weak Dollar. And it bears mention that most of these items are from the quirky “tangibles heavy” contrarian perspective of JWR [1]. (SurvivalBlog’s Founder and Senior Editor):
Precious Metals:
First of all, let’s look at this: Deutsche Bank Calculates The “Fair Value Of Gold” And The Answer Is… [2]
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Over at Kitco, we read: Gold Hits Highest In Over Six Weeks As U.S. Jobs Data Disappoints [3]
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India To Hit Gold Market With 3% Tax On July 1
Commodities Economics:
Coal bows to natural gas, as consumption falls to lowest since 1984 [4]
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Iron ore – correction not finished yet [5]
Forex:
On to the foreign exchange (Forex) news: GLOBAL MARKETS-Dollar dented by jobs miss, London attacks hurt sterling; stocks subdued [6]
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We also learn: Mexican Peso Rebounds as Ruling Party Win Eases Political Risk [7]
Global Stocks and Bonds:
Moving on to stocks and bonds, there was a great piece at Zero Hedge. Central Banks Now Own A Third Of The Entire $54 Trillion Global Bond Market [8]. JWR’s Comment: So now we can clearly see that it was make believe money injections that created the so-called “Obama recovery.” This is false prosperity and absolutely unsustainable, folks! An implosion of unprecedented scale awaits us. Plan accordingly.
Global Debt Bubble:
And here is a headline from Zimbabwe that I missed back in March: Government debt bubble to burst soon
Economy:
On to this: Global Economic Prospects in 10 Charts: June 2017 [9]
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Now we come to this sobering headline from Adam Taggart, over at Peak Prosperity: Less Than Zero: How The Fed Killed Saving
Tangibles Investing:
Finally, I found this piece about the agricultural land market: Ag land values in limbo in 2017
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos [10] page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR [1]. (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 due to 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!