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 upcoming OPEC conference. (See the Commodities section.)
Precious Metals:
To start, Rory flagged this at The Daily Coin for us: BRICS Gold Trade Settlement To Begin in 2018?
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HSBC: Platinum to Average $1,055 in 2018; Palladium $975
Stock Markets:
Has Amazon Killed Value Investing?
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European shares snap two-week losing streak as DAX gains
Commodities (OPEC Conference):
Video from BNN (Canada): Commodities for Monday, November 27, 2017
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There is an OPEC meeting scheduled for Thursday, Nov. 30, 2017, in Vienna. It is noteworthy that U.S. oil production is at an all-time high. The decisions in Vienna should prove interesting. Russia’s input could be crucial. If there is discord among those gathered, the price of crude oil could collapse.
Forex:
EUR/USD: Markets cautious with the Fed strategy
Economy and Finance:
Next, the seemingly moribund American gun industry may be bouncing back: Black Friday 2017 shattered the single-day background check record by logging over 200,000 checks
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Goldman says the economy is doing so well the Fed will need to stop it from overheating next year
Derivatives:
On to this news, compiled in India: Derivative Direction Report – November 27 2017: Choice Equity
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The Eurex Ticker: Equity Index Derivatives
Troubling Trends:
Bitcoin nears $10,000 mark as hedge funds plough in
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A Growing List of Finance Gurus and Investment Firms Can’t Stand Bitcoin. In the month since this was published, Bitcoin has surged even more!
Tangibles Investing:
Kempen Insight – Outlook 2018 – This year’s report has an emphasis on Real Assets: Growth You Can Reach Out and Touch
Provisos:
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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!
Tulip / Bitcoin(r) Futures look inviting right now…
Or as P.T. Barnum once said: “There’s a sucker born every minute”…
I think I’ll stick with Gold and Silver, in my physical possession.
Only inviting while (foolish?) people keep buying. When they start selling it will drop very fast.