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, we look at investing in Sand Color PMAGs. (See the Tangibles Investing section.)
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Arkadiusz Sieroń: Will Powell’s Dovish Turn Support Gold?
Economy & Finance:
H.L. spotted this, over at Wolf Street: How Big or Tiny of an Apartment Can the Median Household Income Afford to Rent in the 100 Largest US Cities? A snippet from the article:
“In only 14 of the 100 cities can 30% of this median household income rent an apartment that is larger than average for that city…”
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Moving on to this at The WSJ: The Long Bull Market Has Failed to Fix Public Pensions
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From the analysts at Eide Bailly: Economic Update – April 2019
Lawmaker on bank CEOs’ pay: “It doesn’t look good” JWR’s Comments: Once again, the Congresscritters have put on a sideshow about trivia (e.g. executive compensation) when they should have been asking some big, pointed questions, namely: Anti-trust, multi-national money laundering, interest rates, currency inflation, and reserve requirements. Ditto whenever they “grill” Federal Reserve officials. Their lack of incisive questioning makes it very clear who is really running the show. It is abundantly clear that the banksters rule our nation. The Federal legislators are just their errand boys.
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This report from 2018 only scratches the surface: How effective are post-financial crisis bank regulations?
At Seeking Alpha: U.S. Oil Production Is Starting To Grow Again
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Forex & Cryptos:
The Suissee pair is still very close to parity, but change for the Swiss Franc could be coming: The USD/CHF resumes rising – Analysis
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Tangibles Investing (Sand Color PMAGs):
I just heard that MagPul Industries has discontinued manufacturing sand color PMAGs. These are a very pale sand color–nearly white. They are great magazines but I presume they were dropped from their product line because did not sell well, or because of poor marketing. Or perhaps MagPul just wanted to simplify their product line. I believe MagPul missed a great opportunity here. This is because sand color PMAGs can be dyed nearly any color, with off-the shelf RIT brand liquid dye or powdered dye. The company should have played this up by sending out some free dyed samples, or by running a creative magazine dyeing contest.
I suspect that unless MagPul resumes production, the gun cognoscenti will eventually bid the sand color PMAGs up to more than $35 apiece. Because they can be dyed to match any particular painted or dipped rifle, or piece of clothing, or piece of web gear. They are quite versatile. My recommendation: Buy a pile of sand color PMAGs, while they are still available and affordable!
Dyed magazines are particularly important for owners of AR-15s chambered in .300 Blackout. For safety (to avoid an ammo-mix-up and KA-BOOM) you really should dye all of your designated .300 Blackout magazines a distinctive color such as Rhodesian “Baby Poop” Green.
Oh, and if you want to go “all out” at a dye project, then MagPul also produced a dyeable sand color “MagPul AR-15 SL Carbine Length Stock Kit.” What a fun project. Pictured are a few of the experimentally-dyed sand color 40-round PMAGs that I purchased.
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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!