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 farmhouses. (See the Tangibles Investing section.)
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Reader A.D. sent this from economic pundit Egon von Greyerz: 11,000 KG Gold for a Painting – Will Cost 110 KG in 2025
The U.S. Stock Market was closed for the Thanksgiving holiday on Thursday. But here is some news on overseas markets, at Bloomberg: Euro STOXX 50.
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Economy and Finance:
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Zimbabwe coup latest updates: Robert Mugabe RESIGNS – Nation celebrates tyrant’s downfall. The key questions: Will some of the the disposessed farmers return and will the economy recover?
‘Death spiral’: 4,000% inflation in Venezuela. Their currency has lost 96% of its buying power in 2017.
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From the BBC: Budget 2017: Stagnant earnings forecast ‘astonishing’
Tangibles Investing (Farmhouses):
Even the Yuppies are catching on: The new alternative investing: a restored farmhouse in Tuscany. (JWR’s Comment: Although I would invest in a farm that is much closer to home! Buying a farmhouse that sits on at least 5 acres of good arable land could make it a viable retreat.)
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!