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 regulation, and its costs.
Precious Metals:
Zimbabwe to sell gold coins amid inflation.
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Saudi Arabia Considers Joining ‘BRICS’ Coalition as They Mull Return to Gold Standard.
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Gold is ‘undeservedly’ cheap relative to equities as inflation sticks around – Felder Report.
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U.S. Mint gold bullion sales drop 76% in June year-over-year; silver bullion demand down 69%.
Economy & Finance:
Yield Curve Inverts: Bonds Flash Recession Warning.
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At Mises Wire: Rising Interest Rates May Blow Up the Federal Budget.
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Ray Dalio’s shrewd $10bn bet on the collapse of European stocks.
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This Could Be A Grinding, Multi-Year Bear Market Like Japan: Mark Spiegel.
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Greyerz: More Inflation & QE To Be Launched By Bankrupt West.
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At Zero Hedge: 2s5s Inverts For First Time Since COVID Lockdowns As Fed-Rate-Trajectory Tumbles.
Commodities:
JPMorgan Warns Oil Price About to Triple: “Huge Depression Coming”.
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H.L. spotted this: Power Companies Face Transformer Shortage Ahead Of Hurricanes And Wildfires.
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Notable Product Shortages in 2022.
Regulation, And Its Costs:
This was published in May, 2021: Regulatory Costs Add a Whopping $93,870 to New Home Prices.
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San Francisco Couple Gets $1,500 Fine For Parking In Their Own Driveway.
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How Biden Has Made Policy With Short-Term, Costly Rules: Charts.
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Risch Leads Bill to Reduce Federal Regulations
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Sonoma County vineyard developer may face $3.75M fine for alleged damage to wetlands.
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A Regulatory Disconnect That Doesn’t Get More Absurd Than This One.
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Big Money: OSHA And EPA Civil Penalties Increase For 2022.
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FMCSA renews proposal for speed limiters on large trucks and buses.
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In England: Politicians are paying the price for their own absurd Covid rules.
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UK watchdog will have power to impose huge fines on big tech firms.
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Owner of home that fell onto beach could face big fine.
Forex & Cryptos:
Dollar continues dream run, little stands in its way. JWR’s Comments: It is a sad state of affairs when the strongest kid in the currency neighborhood is experiencing an official inflation rate near 9% and a real-world rate somewhere north of 15%. All of the western world’s fiat currencies are presently being inflated into oblivion. Some, apparently, a bit more slowly than others!
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In The New American: Getting Rid of Cash … and Privacy: Goldman Sachs Alum Rep. Jim Himes Pushes Central Bank Digital Currency.
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Six indicted in cryptocurrency and NFT fraud schemes that netted more than $130 million.
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Bitcoin Will Rebound In 2nd Half Of 2022, Says Bloomberg Analyst.
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!