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 antique musical instruments.
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Next, at Seeking Alpha: Top Five Silver Stocks For 2018
I noticed that the Dow Jones Industrial Average (DJIA) is now back above 25,000. But please, dear readers, do not be lulled into thinking that U.S. stocks are back in a primary bull market. The fact is that P/E ratios are still out of whack. Most publicly-traded stocks are still overvalued, and interest rates will increase in 2018. So a bear market awaits. If you want to continue to invest in stocks, fine. But just do so with both eyes open. I recommend that you take personal responsibility and engage in two crucial steps for your protection: 1.) Hedge your portfolio with a 20% allocation in precious metals, particularly physical silver. And 2.) Set up automated stop loss orders for all or your individual shares, ETFs, and mutual funds. You will sleep better, if you do.
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Canadian bankers ask: How Long Can U.S. Dollar Weakness Persist?
Economy and Finance:
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The New York Times reports: Fed Officials Say Economy Is Ready for Higher Rates
Moving on to this at The WSJ: When ‘Married, Filing Separately’ Lowers Your Tax Bill. The article’s sub-head: New 20% deduction for pass-through businesses is among reasons couples may want to file separately
Tangibles Investing (Antique Musical Instruments):
One obscure niche area of investing is rare and antique musical instruments. If you a watchful on eBay, you can sometime find bargains. But garage sales, yard sales, and estate sales are your best opportunity. An important note: Many antique instruments are fragile. A broken instrument is usually nothing more than an interesting “wall hanger” with very limited resale value. So unless you are a true expert, then I’d recommend sticking to buying only brass instruments. If found complete, those can usually be restored fairly easily, unless they are badly dented. One item I’m looking for: A valve trombone.
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!