Here is the latest economics news and investing news. We cover market trends, stocks, and the precious metals markets. We also discuss hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the oft-interviewed hard money advocate Peter Schiff.
Precious Metals (Peter Schiff):
First up, there is this video: Peter Schiff on Gold, Trump, QE, & Potential Recession. Schiff predicts that the Fed will be forced to revert to ZIRP. (Zero Interest Rate Policy.) He also says that QE4 is on the horizon.
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I’ve found that the timeframe adjustable charts at Bullionvault.com are quite useful.
Next, this headline over at OilPrice.com: Bank Of America: Expect $30 Oil
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Fastmarkets.com has updated their base metals market outlook.
On to the latest at Zero Hedge: Bitcoin Surges Back Above $2700 As India “Legalizes” Cryptocurrency
Moving on to stocks, we read: Schwab Market Perspective: Goldilocks…or the Three Bears?
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Economy and Finance:
Next, there is this: Welcome To The Third World, Part 23: Illinois Death Watch
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At the Banque de France Financial Stability Review: Ten years on: fixing the fault lines of the global financial crisis
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And here is the latest credit derivatives market data from The Wall Street Journal.
Finally, here is follow-up. We mentioned Mark Podolsky’s podcast interview. His advice on short term raw land investing is of interest. See his Land Geek web site for details.
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos page for our detailed disclaimers.
Please send your economics and investing news tips to JWR. (Either via e-mail of via our Contact form.) These are often from folks who particularly watch individual markets. And we benefit from fresh “on target” investing news. As a result, SurvivalBlog often “gets the scoop” on economic and investing news. These items are often ignored by mainstream American news outlets. Thanks!