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 various way to make money in reselling retail tangibles–everything from Legos, to sports cars, to whiskey. (See the Tangibles Investing section at the end of this column.)
Precious Metals:
Gold: Is $1280 A Floor Or A Sponge? [1]
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Silver Shortages are Here and Gold Scarcity Is Coming [2]
Economy & Finance:
What J.B. Hunt Just Said About the U-Turn in Trucking [3]
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Audio interview: Martin Armstrong Countdown Has Begun – Prepare For The Coming Reset The Economic System In Apr 2019 [4]
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Sentiment Speaks: Higher Rates Are Likely Over The Next Few Months [5]
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US Is “Japan On A Larger Scale” [6]
Commodities:
The Giant Floating LNG Project You’ve Never Heard Of [7]. Here is a quote:
“One of Africa’s brightest LNG prospects, Tortue FLNG is edging increasingly closer to its estimated commissioning date, 2022. It is one of the largest deepwater gas find of recent years – discovered in 2015, the field complex in total is estimated to contain 20 TCf of gas, of which the Tortue West field takes up around 15 Tcf. The feed for the LNG project, the Grand Tortue/Ahmeyim gas field straddles the border between Senegal and Mauretania, both countries heretofore largely irrelevant on the global LNG (or natural gas) map. It also represents one of those rare occasions when two developing nations have agreed to a fair and equitable distribution of resources, well, unless the departure of Kosmos Energy puts all the above in jeopardy. The Tortue field will have four subsea wells at a depth of 2850 metres, tied back via an 80-km long pipeline to an FPSO vessel which would be located in shallow waters, and from there the marketable gas volumes would be sent a further 30km away to the FLNG vessel.”
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Battery Metals Report 2019 [8]
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Base Metals Q1 2019 Review And Outlook For Q2 2019 [9]
Cryptos:
Manhattan DA Indicts Dark Web Drug Dealers for Laundering $2.3 Million in Bitcoin [10]
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Bitcoin Price Indicator Turns Bullish in First Since Early 2018 [11]
Tangibles Investing (Retail Tangibles):
This list was published last year: Best 15 Products to Sell Online [12]
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Amazon to eBay Arbitrage: Everything You Need to Know [13]
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The Arb party may be over: eBay Aggressively Banning Drop Shipping / Arbitrage Accounts [14]
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Whisky Hunting: 20 Rare and Incredibly Hard-to-Find Whiskies Worth the Investment [15]
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 [16]. (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!
Comments Disabled To "Economics & Investing For Preppers"
#1 Comment By Gaddygirl On April 26, 2019 @ 1:09 pm
The down turn has started in the permian basin oil fields in Texas. Not sure what the deal is. Some say it’s politics, and that’s always in the mix. Others say the pipeline will be completed in the summer. I feel the greed of man can’t help themselves and the greed of pricing, for services, housing, food, etc. Talk about having every move written down in a contract. It’s insane. You better read every word you sign if you are in the service business.You better have your own in house attorneys, certified accountant, and tech guy on staff because without them you could be holding the sack. The small companies are having to carry up to 6 million dollar insurance just to keep their doors open. Small companies are required as much on the line as the big companies. You can’t keep this up. One company now is requiring, at the service companies expense, to put GPS into the services truck for tracking mileage. Again, you better read what you sign up for. These Master Service Agreements are going to kill the service companies for sure. You can’t stay in business under these requirements. Hold on it’s going to be a bumpy ride.
#2 Comment By Nathan Hail On April 26, 2019 @ 3:36 pm
I wonder about the wisdom of stocking up on high-end liquor. Is it for an investment ? If so, in a crash/reset emergency, who you sell it to ? Is it for barter ? I don’t think that I would want to be known for having a stockpile of alcohol/tobacco or anything that people have strong cravings or addictions to. They might be strongly motivated to raid your place and take it from you. The same goes for anything that is seen as having high value. The only possible exception that I can think of is arms and ammunition. A reputation for having plenty of weapons and ammunition might be a deterrent to potential thieves.
Here, we rarely drink alcohol, but we do have several bottles of whiskey to be used as pain killers in an extreme emergency where no other pain killers may be available. This would be a last resort only when no medical care is available. The whiskey that we have is not the cheapest, but it is not the expensive stuff either. We also have 2 or 3 bottles of vodka, which can be used to increase blood-flow and circulation in your body which can help prevent clots and strokes in situations where no real medical care is available.
Invest in rare whiskey if you want, but I believe that there are many other investments that make more sense.
#3 Comment By Nathan Hail On April 26, 2019 @ 3:52 pm
P.S.- I am not a doctor, and I do not give medical advice. The information about the possible benefits of vodka, I read on the internet. You should research it yourself before using.
#4 Comment By JW On April 26, 2019 @ 11:51 pm
I have read that the best thing for after a stroke to reduce damage is a shot of alcohol combined with strong black coffee. The combination works better than either alone. The pharmaceutical version is called Caffeinol (approximate spelling).
#5 Comment By Ken On April 26, 2019 @ 5:27 pm
The whiskey expert failed to mention that any remaining bottles of Pappy Van Winkle’s bourbon (original from pre-76) are auctioning for well over 10K. You can still buy the Pappy Van Winkle reserve but it is from the family and not original (Pappy died around 1976) – it is still pricey though (last bar I found it in sold it for $150 a shot). Great KY bourbon and well worth the investment – buy American!
#6 Comment By Big John On April 26, 2019 @ 11:21 pm
Whiskey purchased for an investment is pure folly. Whether you drink it, or sell it, you’ll still come out ahead. Just don’t expect it to net a profit in a grid down situation.