On August 4th, 1944, 15-year old Jewish diarist Anne Frank and her family were captured by the Nazi Gestapo. The Franks had taken shelter in a small space in a sealed off area of an Amsterdam warehouse along with another Jewish family and a single Jewish man. They were aided by Christian friends who brought them food and supplies. Her diary survived the war, overlooked by the Gestapo, but Anne and nearly all of the others perished in the Nazi death camps.
Welcome to SurvivalBlog’s Precious Metals Month in Review, by Steven Cochran of Gainesville Coins, where we take a look at “the month that was” in precious metals. Each month, we cover the price action of gold and examine the “what” and “why” behind those numbers.
What Did Gold Do In July?
Gold started July off with a bang but not the kind it wanted. A big jump in wholesale prices in the manufacturing sector on July 3rd sent gold plunging to the $1,220 mark. On July 3rd, North Korea successfully tested its first ICBM capable of reaching the United States. North Korean TV reported that dictator for life Kim Jung Un called the test “an early fireworks gift for the United States”. This started a month of bad behavior that helped gold prices.
On July 7th, an orchestrated take-down of the silver … Continue reading
Welcome to Freeze Dried Friday on SurvivalBlog! We’ve been making so many things in the Harvest Right Freeze Dryer that we want to share some of them with you. If you have something wonderful you’ve prepared in your freeze dryer that you would like to share with SurvivalBlog readers, take a photo of it and send it in along with a description. We might just feature you here! Freeze Dried Tomato Meat Sauce is today’s feature.
Broken Pump Seal Update
I received the supply of spare parts I ordered including the spare vacuum cartridge. An interesting note is that I thought the bulk of the weight of the pump (aside from the motor) was in the casing. Nope. The vacuum cartridge is quite a bit heavier than the aluminum casing of the pump. When one of these cartridges breaks down and has to be replaced, I think I’m going to … Continue reading
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 the False Recovery. (See the Stocks section, below.)
The spot price of platinum is still in the doldrums, but recently saw an uptick. Any point in time when you can buy an ounce of platinum for less than ounce of gold, then it is a good time to buy platinum!
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I’m not a believer in most of what the Chartists have to say. But I found this macro analysis interesting: Ira Epstein’s Precious Metals Video August-2-2017.
After spiking … Continue reading
“Take sides! Always take sides! You will sometimes be wrong — but the man who refuses to take sides must always be wrong.” – Robert A. Heinlein, Double Star, 1956