Economics & Investing For Preppers

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Here are the latest news 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 SurvivalBlog’s Founder and Senior Editor, JWR. Today’s focus is on so-called Humanium Metal. (See the Precious Metals  section.)

Precious Metals (Humanium Metal):

Getting To $1,300: Longest U.S. Gov’t Shutdown, U.S.-China Trade Talks, Brexit Troubles

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A reporter at Kitco apparently took a press release on “”Humanium Metal” at face value, and wrote this rubbish: Move Over Gold, This New Metal May Be More “Precious”.

To follow up, I wrote the following to the article’s author:
Humanium Metal is a socialist political posturing scam. Do they really expect anyone to “invest” in scrap metal, at the rate of 5,000 Euro for 4 kilograms?
The philosophy behind Humanium Metal is essentially voodoo.  If someone ascribes “evil” to inantimate objects, then that is voodoo. Here is a hypothetical: There are two anonymous old typewriters for sale on a shelf in a thrift store:  One belonged to Mother Teresa. The other belonged to Joseph Goebbels. Is one typewriter “good” and the other “evil”?  No, they are both just typewriters. The same goes for guns, or any scrap metal from melted-down guns.
Whomever wrote the Humanium Metal press release that you relied on has an agenda. And that agenda does not take into account that some of the guns seized in Central America were owned by people who owned them for legitimate self defense. Those people have now been stripped of that right. So contraprenurially “investing” in Humanium Mertal is indirectly contributing to making some citizens more vulnerable to criminals or oppressive governments.
Before echoing anything from a press release in an article, ask yourself: Cui bono? There are two sides to every story.

Economy & Finance:

At Zero Hedge: “Something Biblical Is Approaching” – Here Are The Scenarios Of The Collapse

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Bob Rodriguez: Recent Market Turmoil a ‘Preamble’ to Bigger Crisis

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U.S. Economy Is Floating on an ‘Ocean of Debt’, Gundlach Warns

 

Stocks:

Admiral Markets: 2019 stock market crash? 70% correction warning

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Mad Money Video Snippet: Cramer says if you’re worried about stocks, invest in gold

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Some fascinating information on the CIA Proprietary venture capital firm In-Q-Tel: CLASSIFIED: The most powerful investor you never heard of

 

Forex & Cryptos:

Exchange Says $200K in Ethereum Classic Lost As Blockchain Attacks Continue

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Is Bitcoin Price Heading to Low $3,000? Traders Expect Short-Term Downtrend

 

Provisos:

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!


11 Comments

  1. I always get nervous when Gun Control is brought up…

    First the Founding Fathers stipulated that these “truths are self evident!” That rights are given by God and those rights are not to be trampled by a government arm– i.e. the Second Amendment.

    What really makes me nervous is the rhetoric spewing out of the LEFTist/Statist camp…
    During the SCOTUS nomination of Judge Kavenaugh the shakedown speared by Diane Feinstein had two contrary points….
    1) that Roe v. Wade would never be over turned…
    2) that how could a Judge for the SCOTUS be in favor of private ownership of guns…

    Does anyone see the holocaust set up by the LEFT????
    Do not kill people with GUNS, but kill people with SURGICAL INSTRUMENTS inside the wombs of mothers…

  2. Those who can afford to waste money on Humanium are the same individuals who place no value on Human life – except their own! They can spew hate for guns out of one side their mouth and make a deal to pay people with guns to protect them out of the other side.
    The investment in Humanium is an investment in putting the “little” people in their place ~ under the boot!

  3. “Humanium”. “Unobtainium” (Avatar). “Upsidaisium” (Rocky and Bullwinkle). “Vibranium” (Marvel Comics).
    What do these all have in common? They’re all make believe. Three of them were “created” for fun and entertainment value, and gives commensurate value to the reader. The first one listed was “created” for SJW virtue-signalling scamming value, and has no value, other than scrap, to be re-molten into more guns or other real hardware.

    1. If i ever get to be a contestant on Jeopardy, and they ask a question about the elements of the periodic table, i will answer “what is spaghettium, Alex”. I can’t wait !

    1. US state and federal courts find inanimate objects ( money and other property) guilty all the time and, without court proceedings with the lawful owner, seize the goods. The government, finding such property guilty, is simply mandating that we accept their religion ( worship and seizure of inanimate property) without complaint. So much for freedom of religion and keeping government out of religion.

  5. Sarah at Kitco shows the obvious lack of ability to reason so prevalent today with “feeling” over rational thought. This is how Socialism is being sold for the last 50+ years. I would like to point out the metal is stolen property and from very poor people defending themselves from a oppressive regime in a crime ridden area. It would be hard to come up with a better case for 2nd Amendment and Freedom.

  6. “The initiative was born in 2016 while Brune was working in the Central American Small Arms Control (CASAC) program – an initiative involving the destruction of illegal firearms in Latin America. ”

    So we have a european socialist country (Sweden) “helping” central american countries disarm their citizens… creepy.

    When gun ownership is outlawed or severely restricted, people just make their own:

    https://www.thefirearmblog.com/blog/2014/01/22/common-illicitly-homemade-submachine-guns-brazil/

    https://www.thetruthaboutguns.com/2016/10/dean-weingarten/homemade-sub-machine-guns-australia-video/

    https://www.wsj.com/articles/SB122394012224530655

    etc etc etc

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