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 Swiss Franc parity with the US Dollar. (See the Forex section.)
Precious Metals:
Standard Chartered: Floor For Gold Price To Keep Rising
Forex (Swiss Franc Parity):
The trading value of the Swiss Franc (CHF) is bouncing right around parity with the US Dollar (USD). Although there may be continuing Dollar strength through this spring and summer, the long term outlook is still dour for the Dollar. Trump (and the Fed Banking Cartel) will likely continue to pursue their Weak Dollar Policy. Trump wants to see “Huuuuge” improvement in the U.S. balance of trade. So this is a good time to swap USD for some CHF.
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Currency Strength and Weakness
Global Economy:
Confidence in Euozone Slumps to a 15-month Low
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Iran cenbank head says U.S. dropping nuclear deal would not impact economy
Commodities:
Why Oil Prices Are Likely To Go Higher
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Oil Market Volatility Set To Soar This Month
Cryptos:
At Bloomberg: The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
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!