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 the possible peak in land prices. (See the Tangibles Investing section.)
Precious Metals:
Bears in control: Gold is in ‘no man’s land’.
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A bit of good news: Physical Silver Premium Over Spot.
Economy & Finance:
David Stockman: ‘Worth Celebrating’ My Eye! JWR’s Comments: Stockman was Director of the Office of Management and Budget (OMB) for four years in the Reagan administration. His analysis is correct.
I would add: The trigger for collapse will come when the U.S. government is forced to “taper” its much-vaunted “stimulus” boondoggles. That is what has been keeping the Big Dang Bubble inflated. Someday, collapse is inevitable.
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Rickards: No Recovery Until 2045?
Commodities:
Lithium Is On a Bull Market Run.
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At Zero Hedge: “What On Earth Is Going On In Commodities?”- Morgan Stanley Explains.
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Meanwhile, in Oz (The Land Down Under): Ag gross value set to break $70 billion mark for first time.
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Can Deep-Sea Mining Solve The Battery Metals Supply Crisis?
Inflation Watch:
Team Transitory” Suffers Blow As Used Car Prices Resume Surge.
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Further spike in inflation seen.
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Best Selling Car Prices Rise More Than Inflation.
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At Wolf Street: Inflation Whac-A-Mole: New Vehicle Prices Spike as Used Vehicle Prices Dip, while Housing Inflation, which Exploded in Reality, Barely Budged in the CPI.
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And across The Pond: Inflation: Price rises see record jump as food costs soar in August.
Forex & Cryptos:
USD set to remain on front foot in coming months – Rabobank. JWR’s Comments: It boggles the mind that Congress can spend so many excess Trillions and yet the US Dollar remains strong. I must ask: When will the Almighty Dollar’s Emporer Sans Cullotes moment arrive?
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Weekly Fundamental US Dollar Forecast: Taper Talk to Intensify at September Fed Meeting.
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Chinese Property Giant Evergrande’s Debt Fears, Ongoing Gaming Market Shake-Up. JWR’s Comment: We may be hearing the word “contagion” a lot, in the next few weeks,
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Over at Barron’s: Inside the Coming War Over Digital Currencies—and What It Means for Your Money.
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Canadian Political Party Leader Says He Supports Bitcoin Ahead of Elections.
Tangibles Investing:
Iowa farmland sells for more than $22,000 per acre, sets state record.
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Signs of a peak? August 2021 Monthly Housing Market Trends Report: Seller Activity Warms Up as 432,000 Newly-Listed Homes Hit the Market.
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Zillow Market Pulse: September 17, 2021. Beware of this warning sign: “Inventory levels grow for a fourth straight month…”
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Palmetto State Armory (one of our affiliate advertisers) is running a Free Shipping special on all of their AR Lowers, until September 27th, 2021. Several varieties of their lowers are also sale-priced. They are also running a clearance sale on the great Steiner Cinder Thermal Sensor (monocular viewer) at $1,000 off their normal price. To find these, paste this SKU “51655109855” in their search box. Take a look.
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!