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 recovered mining land. (See the Tangibles Investing section, near the end of this column.)
Precious Metals:
Gold at one-month top on weak dollar, uncertainty over Trump tax bill
Stock Markets:
Indexes Retreat, But These Two Stocks Break Out
Commodities:
Why Saudi Arabia Should Fear U.S. Oil Dominance
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Oil Prices Could Double If Middle East Conflict Escalates
Troubling Trends:
Next, over at Peak Prosperity: The Great Retirement Con
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Richest 1% own half the world’s wealth, study finds. JWR’s Comment: Some of the conclusions drawn in this article show a liberal slant, but the statistics themselves are interesting.
Economy and Finance:
Moving on to this at The Economist: 3% and no higher? Britain may be through the worst of its bout of inflation
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House Passes GOP Bill to Overhaul Tax System
Derivatives:
Tangibles Investing (Recovered Mining Land):
Recovered coal mine land creates bargain rural retreats – but at what cost?
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos page for our detailed disclaimers.
News Tips:
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!
You should all realize a low impact low energy use lifestyle should be initiated before need mandates it. This is true for the household and nation. You know in 1993 I was laughed at by a coworker for checking for lowest gasoline retail prices and driving in efficient circuits to conserve at all times. I am 52 and semi retired and he seems to be still wasting and slumming along 50 hours a week. Thrift in all things pays dividends immediately and over time or decades. DO NOT LAUGH at saving nickels and dimes on a tank of gasoline. Much about saving energy and resources can be learned by studying medieval monastery operations and functions.