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 some more grain crop yield and price forecasts. (See the Commodities section.)
Precious Metals:
Central banks maintain their appetite for gold.
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Michael Ballanger: We’re at the Home Stretch.
Economy & Finance:
BofA Warns of Looming Unemployment Shock, Recommends Selling Stock Rallies.
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America’s Insolvency Is Mandatory. (Thanks to D.S. for the link.)
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Reader H.L. sent us this: Rail workers speak out after Biden forces unions to accept deal: ‘He turned his back’.
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From the left-wing MSN: More Americans Leave the Workforce as Participation Rate Drops Again.
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Commodities:
Grain price outlook into 2023. here is a quote:
“Wheat: Drought continues to plague the southern Plains. The winter wheat crop is planted but concern continues regarding potential production. U.S. wheat ending stocks continue to get smaller with the most recent number coming in at 576 million bushels for all wheat.
Globally, there is concern regarding production with a smaller crop in Argentina, and the quality of the Australian crop is in question due to recent heavy rains. Of course the world continues to focus on the happenings of Ukraine and Russia. Global stocks are also on the decline.”
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Swiss Prepare to Spend the Winter Bored, Cold, and Trapped at Home.
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Over at OilPrice News: Short Term Outlook Dims For Copper Prices.
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Why 2023 Is Likely To See Much Higher Oil Prices.
Regulation and Taxation:
New federal regulations imposed on HVAC’s beginning in 2023.
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IRS warns Americans about $600 threshold to report Venmo, Cash App payments.
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The Real ID requirement goes into effect for U.S. flyers on May 3, 2023.
Forex & Cryptos:
Experts Predict U.S. Dollar Will Stay Strong In 2023. What Does This Mean For You?
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United Kingdom Puts Forward Plan for Central Bank Digital Currency by End of 2022.
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Crypto Stocks Teeter Near Abyss as Fink’s Warning Adds to Angst.
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Video: SBF Explains Losses!
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CBDC in Beta Mode: Get Ready for ‘Fed Coin’.
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Jameson Lopp: Securing bitcoin’s scarcity: fighting fake bitcoin.
Tangibles Investing:
Published back in June of 2021, by Money Task Force: Investing In A Second-hand Machine: Five Things You Need To Know.
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Palmetto State Armory (one of our affiliate advertisers) has begun its AR-15 Days of Christmas sales. One of the package deal specials: A PSA Nitride-coated MPI-tested full-auto 5.56 BCG and 10 Magpul PMAG 30rd Gen2 MOE 5.56 AR-15/M4 magazines, all for $129.99. Put SKU KIT-0436 in their search box, to find it.
Provisos:
SurvivalBlog and its Editors are not paid investing 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!