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 “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in ammunition. (See the Tangibles section, near the end of this column.)
First, here is an essay from Daryl Robert Schoon: The Bankers’ Endgame And The Rise Of Gold And Silver Prices
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Next, this from David Luo, at Seeking Alpha: Gold Falling In Tandem With The Dollar – Bet On Gold To Survive
Now, on to this news: Oil Price Rally Unwinds As Markets Doubt OPEC’s Intentions
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On to the latest at Zack’s.
And continuing on to foreign exchange (Forex) news, there is this: Dollar’s advance slows as rise in sovereign yields halts
Economy and Finance:
Tangibles Investing (Ammunition):
The recent post-election dip in gun, magazine, and ammunition prices have created a proverbial Buyer’s Market. This is a good time to stock up. My advice is to watch for super deep discounts, close-out sales, and a even business closing sales and auctions. (Yes, there will be a few, for a few storefront gun dealers that were too heavily debt-leveraged.)
Just don’t go hog wild and buy ammunition that you, your children, and your grandchildren will never use. Stick to buying the most common calibers. And of course store everything in waterproof containers. (Mil-Surp ammo cans with gasketed lids are best, but large Tupperware containers found at yard sales and thrift stores also work just fine with all but the heaviest varieties of ammo.)
The current dip in prices will probably last just a few months. Take full advantage of it, to “Buy low and sell high.” For now, continue to stack your ammo deep!
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 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. We often “gets the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!