Economics & Investing For Preppers

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 buying used, collectible guns. (See the Tangibles Investing section.)

Precious Metals:

We’ll start of with this piece by Alasdair Macleod: Valuing Gold In A World Awash With Dollars

o o o

Gold Production In South Africa Continues To Collapse – Plummets 85% From Peak In 1970 (Video)


Trade War And Commodities – Bearish Short Term, But Bullish Long Term

o o o

Top US Shale Oil Fields Decline Rate Reaches New Record….Half Million Barrels Per Day



Now, on to some cryptocurrency news: China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

o o o

Up 45%: Is Bitcoin’s Price Preparing for a Bull Market?


Economy & Finance:

Wolf Street: Canadians Spent 12% Less on Real Estate in June

o o o

Also from Wolf Richter: Carmageddon in Detroit: Suddenly it gets ugly – but these are still the good times.


Tangibles Investing:

Wayne van Zwoll: Buying the Used Rifle

o o o

Jim Supica: Gun Collecting: Make & Model, Condition, Rarity, History And Art



SurvivalBlog and its Editors are not paid investment counselors or advisers. 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!


  1. I think that gold can only be accurately valued against hard assets and over time. I’m not the first to say that valuing gold in dollars doesn’t really work. It’s inaccurate to say that gold has gone up x number of dollars when in reality the dollar has simply declined. And gold, like currencies and commodities, vary daily and monthly and ought to be looked at over a year or more to value well, again against hard assets. An ounce of gold will still buy a pretty good mens suit in NYC. It hasn’t gone up much over the last 100 years when measured this way for example.

    So to profit from it one must buy it in fiat then sell it back for fiat and quickly turn that fiat into a hard asset such as land to actually profit. I don’t deny that it’s a long term store of value historically, that’s not what I’m talking about. I’m talking about actual profit from the buying or selling over the medium or long term.

    I’m interested in Survival Blog’s thoughts on this. It’s not much talked about in ‘gold circles’. Thanks.

    1. Gold’s value relative to the dollar is all that matters. It does not matter that the dollar went down or the value of gold went up. If I can buy a house for $200,000 and my gold is worth $200,000 does it matter that the gold is up because the dollar is down? Vice versa if the exact same amount of gold in my possession is only worth $150,000 should I be excited that the low value of gold is because the dollar is up? It is an arbitrage situation in which I don’t really care why one commodity is up and the other is down relative to each other. I simply decide to cash out and benefit or wait until I can.

      For example; I am reminded that when I drove to Alaska in 1974 the Canadian dollar was worth slightly more than an American dollar. One gas station that I stopped at the proprietor was quite happy and boastful that the Canadian dollar was worth more. But it actually made zero difference to him except his pride. His dollar still bought the same in Canada as it would if it were worth less than an American dollar. The small or short term fluctuations of the value of your currency don’t make much difference in your day to day life but if you use it as arbitrage it can make you wealthy.

      1. I traveled much overseas some time back. I would check the cost of a Coke and then do the currency conversion rate math to determine if the worlds most common product was cheaper per milliliter or more expensive. It’s the only real comparison I had but it wasn’t fool proof either as some countries has bottling facilities and some did not.

  2. According to our Constitution the “Dollar” is a unit of measure and is based upon gold or silver. That is to say the “Dollar” is so many grains of gold or silver; this is the supreme law of the land and has never been amended. To say gold or silver is worth a certain amount of Dollars per ounce is exactly opposite of what the intention of the founders and State assemblies ratified in our Constitution. Gold and silver is not worth any dollars per ounce, the dollar is worth so many gains, ounces, pounds of gold or silver. Once the American patriots and citizens in general understand this then something monumental will happen …

  3. In 1912, forty $20 gold pieces would buy a high end Ford car, about $800. Today forty $20 Liberty Gold Double Eagle (Cleaned) coins at roughly $1250 per coin, will buy you a high end Ford Car, $50,000. The cars aren’t really comparable, but the price is.

Comments are closed.