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 REIT Farmland Investing.
Precious Metals:
The gold-to-platinum ratio is back near an all-time high. It would be silly to buy gold at $1,288 per Troy ounce when you could be buying platinum for $888! The best performing commodities investments are made when you buy at historic low points. As of this writing (May 17, 2018) I believe that we are now witnessing one, with platinum.
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Gold Is Getting Closer To A Solid Entry Point
Cryptos:
How To Play The Bitcoin Bust And Crypto Crash
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Warren Buffett Just Doesn’t Get Bitcoin Says Crypto Pioneer
Economy & Finance:
Why one-third of American working-age men could be displaced by robots
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Subprime 60 Day Late Worse than 2008-09
Commodities:
These Metals May Become Obsolete Thanks to Electric Cars
Tangibles Investing (REIT Farmland Investing):
Over at Seeking Alpha, Jeremy Schwartz writes: The Case For Farmland Investments. JWR’s Comments: I shy away from REITs or other large scale bundling or group investment in farm land. As a prepper, I recognize that “Possession is nine tenths of the law.” Nothing beats living on your own freeheld land, and working it yourself with your own equipment and your own family’s labor. Only monumentally bad economic times, a decade of drought, or a fundamental shift in the nature of government could take that way from you. The latter is a rarity, but it can happen. (Just ask the descendants of the kulaks of Ukraine.)
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!