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 food storage as an investment.
I’m still expecting a Reversion to the Mean for the gold-to-platinum ratio. Even if higher interest rates slow the sales of new cars later this year, platinum is still so undervalued (in relation to gold) that a price breakout is likely. If you want to expand your existing precious metals hedge, then buy platinum!
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I just noticed that David Morgan’s book The Silver Manifesto is now available as a Kindle e-book for just $6.99. If you are having trouble convincing your friends or relatives to hedge into silver, then this is the book for them to read.
At Seeking Alpha: Stock Market Way Ahead Of Economic Growth
Casey Research: Surviving Fedcoin
Economy & Finance:
At Reuters: Rising costs, inflation on radar as U.S. earnings season unfolds. JWR’s Comment: Beware whenever the financial press starts publishing inflation warnings. That almost almost always means that higher interest rates–with all of the concomitant effects on all markets–are ahead!
The mass media is finally waking up to the full implications of the state-sanctioned threats to South Africa’s farmers. A major round of terror on the farmers will surely lead to White Flight from the country. That will implode both the farming and the mining sectors. If South Africa plunges into civil war, then the spot and futures prices of gold, platinum, palladium, and manganese will all go ballistic. Even the global prices of coal and iron ore would feel ripples.
Forex Trading: GBP/USD aggressive breakdown April 28, 2018. JWR’s Comments: I’ve been warning SurvivalBlog readers about the manifold effects of Trump’s Weak Dollar Policy, ever since he was elected. I expect this policy to continue. Plan and adjust your portfolio, accordingly!
Tangibles Investing (Food Storage):
Over the past two years, I’ve done my best to detail a wide variety of tangible investments. Some of these are traditional and orthodox, while others are quite unorthodox. Today I’d like to discuss food storage as an investment. As preppers, food storage is a paramount consideration. It is necessary in almost every disaster situation. Storing additional food for barter is often glossed over, in some prepping circles. If done properly, I believe that it is one of the most wise investments you will ever make.
Because the Sun appears to be entering into a Grand Solar Minimum, it makes food storage more important than ever. Crop disruptions are quite likely in the next two to four decades. A failed annual wheat crop will send huge waves of uncertainty through the market. Price spikes are very likely. But if you stock up now, then you will be sitting pretty. After you have set aside a fully diverse two year supply of storage food for your family, I recommend that you then further invest in wheat and white rice. Both of these are ideal as long term hedges because they store so well. White rice has at least a 12 year storage life, and hard red winter wheat can be depended upon for three decades, or longer! Both of these will have near full nutritional value, even in the “out years” of their storage life.
Presently, through several SurvivalBlog advertisers, you can buy 5 gallon or 7 gallon food grade HDPE buckets of wheat and rice that are already packaged in mylar bucket liners and with oxygen absorbing packets. In my estimation those grain buckets will prove to be better than money in the bank. Not only will they be a sound hedge on inflation, but they are also insurance that you can eat!
I strongly recommend that if you can afford it that you buy at least an extra 500 pounds of wheat and 300 pounds of rice. And buy even more, if you have the cash and a big basement. Again, that is in addition to your normal food storage program. Someday, perhaps in just a few years, you will be very glad that you did!
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!