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 tax lien properties. (See the Tangibles Investing section, near the end of this column.)
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It is surprising to see at article like this posted at the CNBC Perpetual Cheering Section: There’s something weird going on that’s worrying the markets
I generally shy away from posting links to “sponsored” posts, but this one has some merit: Cobalt Prices To Rocket As Tech Giants Scramble For Supplies
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Next, it is noteworthy that there has been a 31% gain in the past year: ICE Brent Crude Oil Front Month
Bloomberg reports: Here’s Where the GOP Tax Plan Stands Right Now
A one-hour documentary that is worth watching: The True Story Behind The Secret Nine-Month Paradise Papers Investigation (HBO)
Moving on to some sobering news: Household debt rises by $116 billion as credit-card delinquencies pile up
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Tangibles Investing (Tax Lien Properties):
Finally, I’m often asked about buying tax lien properties. These are commonly called properties “being sold for back taxes.” Yes, this can be a way to buy a retreat property. But it takes lots of study and patience to find a piece of land that is both a bargain and retreat worthy. Here is a good starting point: A Crash Course in Tax Lien & Deed Investing (and My Love/Hate Relationship With Both). The article notes that there are no two States alike, in the way that they handle land tax delinquencies. So, as with all other tangibles investing: Research, research, research!
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 “get the scoop” on economic and investing news that is probably ignored (or reported late) by mainstream American news outlets. Thanks!