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 Economic Stagnation. (See the Economy & Finance section.)
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Cobalt and Tungsten: The prices of these vital metals are soaring
Deutsche Bank Warns: ‘The Dollar is in Trouble’ (Thanks to Gregg P. for the link.)
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Economy & Finance (Economic Stagnation):
Census Bureau: Median Incomes Climbing for First Time Since 2007. JWR’s Comment: This 10 years of stagnation shows us what a huge lie we’ve been living since TARP, Quantitative Easing and ZIRP came into play. In the process, the government surpassed $20 Trillion in debt. That is just about mathematically impossible for our progeny to pay off, unless it is via hyperinflation.. The middle class has been losing ground. The only winners since the influx of Funny Money have been the banksters and stock brokers. There has been no real recovery., There is only the illusion of recovery created by money pulled out of thin air. Oh, and if you adjust the Census Bureau figures for the real inflation rate, there has still been no gain in income.
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Reader DSV sent us this: Equifax data breach: What to know, what to do
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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 due to their diligence and focus, we benefit from fresh “on target” investing news. We often “get the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!