Economics & Investing For Preppers

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. In this column, JWR also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at Euro Zone Instability. (See the Forex & Cryptos section and the Inflation/Deflation Watch section.)

Precious Metals:

First up, Jerome suggested this Armstong Economics: Gold – the Desirable Object – Can it Survive as the Alternative to Electronic Money?

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At Gold Clings to Its War Premiums.

Economy & Finance:

At CNBC: Credit card balances spiked in the third quarter to a $1.08 trillion record. Here’s how we got here.

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In The WSJ: In Beijing, Xi and Putin Double Down on Path to New World Order.

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WeWork’s $18 billion bankruptcy just took over 60% of NYC’s office space with it—the last thing the reeling commercial real-estate sector needed.

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Reader H.L. suggested this piece by Doug Casey: Imminent Bankruptcy of the US Government.

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At Zero Hedge: Outsized Yield Swings Defy Bond Traders Bets For Calm.


Reader C.B. sent us this: Norway finds world’s largest phosphate deposit, EU cheers.

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Biden’s EV dreams may be screeching to a halt as consumer enthusiasm wanes.

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German Gov’t Agrees To Bailout Giant Loss-Making Wind Farm, UK Increases Subsidies.

Inflation/Deflation Watch:

Inflation in the euro area.

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From The Daily Upside: Japan’s Central Bank Has an Unusual Foe: Inflation.

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The Economic Times (of India): Who bore the brunt of inflation most – West or the rest?

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From the OECD globalists: Confronting inflation and low growth.

Forex & Cryptos:

Euro-Propping, 101: ECB Finally Admits Its “Temporary” Asset Purchases Are Really Permanent.

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European Commission To Assess 10 Countries For EU Membership. A quote:

“…the enlargement report is huge, with assessments on 10 countries — Albania, Bosnia-Herzegovina, Georgia, Kosovo, Moldova, Montenegro, North Macedonia, Serbia, Turkey, and Ukraine.

There is a lot of ground to cover and EU member states — the ultimate arbiters in the enlargement process — have to study the documents before making a decision.”

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Some news from Australia: Cash Still Remains King: The Optus blackout proves that a small glitch in the system can cause total mayhem in a cashless society.

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$5 Million Reward: Justin Sun’s Bold Move Against Poloniex Attackers.

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Ethereum At $2,100: Why Path To $2,500 Is Now All Clear.

Tangibles Investing:

How the cost of homebuying and selling will change after landmark court loss over real estate commissions.  Here is an excerpt:

“The recent $1.8 billion jury verdict against the National Association of Realtors and several top brokerage firms highlights mounting legal and market pressures on real estate commissions. A recent Keefe, Bruyette & Woods analyst report estimated that the $100 billion paid in real-estate commissions annually could be cut by 30%, with as many as 1.6 million agents losing their source of income.”

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GunMag Warehouse (one of our affiliate advertisers) has some great specials in their “Black Friday Preview Sale”, this week.  For example, their sale price on Magpul PMAG GEN M3 Windowed AR-15 .223 / 5.56 30-Round Magazines is just $12.99 each. That is $2 less than the normal retail price on plain unwindowed Gen 2 PMAGs!


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. Thanks!