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 American retail giant Walmart.
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Rich Dad Author Says The Next Financial Crash Will be Like an “Avalanche”. Kiyosaki is predicting huge losses and a “half off sale” for stocks. For many years he has suggested gold as a safe haven.
Next, over at MarketWatch: This epic stock-market rally will get a second wind from stellar earnings
Will Surging U.S. Shale Kill Off The Oil Rally? “The incredible growth of U.S. shale production is showing no sign of slowing, with the EIA projecting that the industry will hit 10 million barrels per day in February”
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Economy and Finance (Walmart):
Reader D.B. spotted this at Breitbart: Walmart Raises Wages, Gives Bonuses to Over One Million Employees Thanks to Tax Reform
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But for counterbalance, SurvivalBlog reader T J. sent us this contemporaneous news story: Walmart is abruptly closing 63 Sam’s Club stores and laying off thousands of workers
This article is dated but still quite useful: Auctioned Houses Are the Secret to Scoring a Great Deal on a Home
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!