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 How to Sell Lots and Land. (See the Tangibles Investing section.)
Precious Metals:
Bored With Gold? Look For Wider Gold-Silver Ratio – Commerzbank
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Stock Market:
The DJIA hit 24,000 for the first time on Thursday. If you are still in the market, I suggest that you have firm stop loss sell orders in place, with your on-line brokerage management system. (Or have your old-fashioned broker do so.)
Commodities:
Commodities Daily Forecast – November 30, 2017
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The six month chart for nickel is encouraging.
Forex:
Patience should reward EUR bulls for a retest Of 1.21 as 1.18 holds – SocGen
Economy and Finance:
U.S. Third-Quarter Growth Revised to Three-Year High of 3.3%
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And here is a new X22 Report Spotlight podcast interview with Brandon Smith: The Dollar Is Finished, The Central Bankers Are Moving Us To A New System
Taxes and National Debt:
Senate Republicans shove tax bill ahead as Democrats fume
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National debt grew more slowly in FY 2017 under Trump
Troubling Trends:
Americans’ household debt has surged by $605B this year
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Some delayed NAMB data, finally released in November, 2017: Reverse Mortgage Foreclosures Jump 646% in 2016
Tangibles Investing (How to Sell Lots and Land):
If you are planning to sell off part of a large retreat property so that you can be debt free, this article could be helpful: How to Sell Lots and Land. JWR’s Comments: I must point out that I noticed one bad bit of advice in that article. DO NOT plant wildflowers on any land that might eventually carry livestock, or anywhere near where neighbors keep livestock. Many wildflowers spread rapidly and are toxic to browsing and grazing livestock!
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!
Still think you should include a section on Cryptos. Not saying everyone goes all in but if people dipped a toe in several months to years ago would of had substantially higher returns than anything else. I still hold gold and silver but that’s been stagnant for years. At least make it a topic of conversation and help educate those who know nothing about it or curious.
My skepticism on “Cryptos” is extremely high. If you’re into high risk investments, and have disposable income to throw at them, these are certainly on the list.
But… as a prepper, my investment philosophy remains very conservative. I will not invest in the tulip mania of the 21st century.
JWR, you can, if you choose, bring “Cryptos” into your public analysis and reporting, but it is not useful investment information to me. It is, however, an indicator for trends. Right now, that indication is a large red flag. YMMV
The markets are a contrived and manipulated set of indexes. Brokers and such are making a killing off the naïve and ingenuous youthful investors who do not have the memory to recall or perceive the con job pyramid scheme. They have been handing out money that is capital gains for nothing since the 2008 collapse and fake recovery. FOOLS GOLD
Excuse my ignorance of most things financial; my only mantra is this: God made gold and silver. He made it a basis for the security of His chosen people, and it was a biblical principle written into our founders. Therefore I invest in gold and silver that is in my hands, not some market scheme or vault thousands of miles away. Not because it has great wealth building potential, though it does, but because God looked at all HE made and said it was good. So who am I to argue with God? I pay Him His 10% ( and then some) … and buy my 10% in gold and silver. If perchance the Lord blesses us and I don’t have to use the savings, then that’s fine maybe I can teach my children and pass it on. If not, then I’m certain God will reward our faithfulness.
Thank you for adding that comment about wildflowers! Someone went around our little rural town sewing larkspur about 6 years ago. They are now out-competing the forbes and some native grasses, but are poisonous to the deer. The deer depend on these during the dry weather. Their movement patterns have changed and we are not seeing as many fawns.
I just wished I had followed JWR’s advice and got in to Bitcoin 7 or 8 years ago….