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. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at farmland buying. (See the Tangibles Investing section.)
Precious Metals:
Possible Bottom In Gold And Silver? JWR’s Comment: With mass inflation now looking likely, this is a good juncture to buy silver and perhaps some platinum.
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Lynette Zang: Why You Must Get Out of the System; The Fed’s Master Plan
Economy & Finance:
Rick Roberts: $3 Trillion?! How Bad Does Biden Want To Wreck The Economy?
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At Zero Hedge: “The Moment America Won The Future” – Biden Unveils Multi-Trillion Dollar Infrastructure-Taxation Plan
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Debt Up $1 Trillion in First 6 Months of Fiscal 2021
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At The Wall Street Journal: Here Come the Biden Taxes. The middle class will pay for the largest tax increase since 1968.
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UBS Predicts 80,000 More Retail Stores Will Close In Five Years
Commodities:
Arden spotted this: Commodity supercycle to persist for a few years, Saxo Bank says
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OilPrice News reports: Hedge Funds Capitalized On Oil Price Pullback
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Why Shortages of a $1 Chip Sparked Crisis in Global Economy
Equities:
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Derivatives:
Billions in Secret Derivatives at Center of Archegos Blowup
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Is Citadel’s Hedge Fund a Harmless $35 Billion Minnow or a $235 Billion Ki11er Shark?
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Morgan Stanley dumped $5 billion in Archegos’ stocks the night before massive fire sale hit rivals.
Forex & Cryptos:
Over at Forbes: Dollar Value Could Slide This Year As Global Economy Picks Up After Covid, Analysts Say
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Radomski: Ladies And Gentlemen, Mr. Dollar Is Back
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Martin W. Armstrong: What Gives Value to a Currency?
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China’s Digital Currency Has Nothing to do with Bitcoin
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How Ethereum has outperformed Bitcoin by 250% since inception
Tangibles Investing:
Reader A.K. suggested this video from Heresy Financial: Why the Rich are Swallowing Up Farmland (and you should too)
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This news is troubling: FBI Raids Business Renting Anonymous Safety Deposit Boxes, Forces Customers To Reveal Identity To Get Stuff Back
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“Buyer Mayhem” – Canadian House Goes For $612,000 Over List After Bidding War
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 or via our Contact form.) These are often especially relevant because they come from folks who closely watch specific markets. If you spot any news that would be of interest to SurvivalBlog readers, then please send it in. News items from local news outlets that are missed by the news wire services are especially appreciated. And it need not be only about commodities and precious metals. Thanks!