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 Bitcoin’s record high value in U.S. Doilar terms. (See the Forex & Cryptos: section.)
Precious Metals:
Spot silver dipped down to $30.49 on Thursday morning (November 14, 2024.) I consider a price anywhere below $30.50 a reasonable “buy” price. Stack it while you can.
o o o
Always a bit late to the party, there is this report from CBS: What’s the gold price forecast for November 2024?
o o o
At Gold-Eagle.com: Europe Is Finalizing Preparations for a Gold Standard.
o o o
Gold Gone AWOL? The Curious Case Of Foreign Central Banks’ Gold Stored In Canada.
Economy & Finance:
From the left-leaning Reuters: Trump victory to reverberate through global economy.
o o o
NASDAQ: How Would a New BRICS Currency Affect the US Dollar? (Updated 2024)
o o o
From the statist/globalist CFR: The BRICS Summit 2024: An Expanding Alternative.
o o o
At Zero Hedge: FEC Filings Show Kamala Harris Team Blew Funds On Hollywood Stars, Private Jets. JWR’s Comments. How could she spend a billion dollars in just over 100 days and still end up $20 million in debt? Oh well, just one big sweetheart Madison Avenue autobiography book deal advance should cover that…
Commodities:
From France24: US farmers gird for trade wars on Trump tariff pledges.
o o o
Now Germany Has A Green Electricity Outage With Huge Consequences.
o o o
What A Trump Victory Means For Oil Stocks.
o o o
From OilPrice News: Trump Victory Could Spark Coal Power Revival, Says Duke Energy CFO.
Inflation/Deflation Watch:
From the hard-left CNN: Why Trump’s return could spark another bout of inflation and delay interest rate cuts.
o o o
Fed cuts key interest rate a quarter-point but signals ongoing concerns about inflation.
o o o
US Bank: Federal Reserve recalibrates monetary policy as inflation recedes.
o o o
Gun and optics rebates: A growing list! JWR’s Comment: When you look at “final” (post-rebate) prices, firearms and optics prices are currently deflating!
Forex & Cryptos:
USDCHF Forecast for 2024, 2025, 2026-2030 and Beyond.
o o o
“America First”: Canadian Dollar Outperformance Incoming.
o o o
Bipartisan Support Builds For Strategic Bitcoin Reserve.
o o o
Bitcoin rises above $90,000 on Trump euphoria.
o o o
Why the election results make $115K Bitcoin even more likely.
o o o
Bullish projections see Bitcoin closing 2024 strong with $100,000 in sight.
o o o
Central Bank Digital Currency (CBDC) Projects Are Foundering in Five-Eye Nations. What Gives?
Tangibles Investing:
You saw this predicted in SurvivalBlog: Thriving music city that’s now ‘ground zero’ for a property market crash.
o o o
Palmetto State Armory (one of our affiliate advertisers) has some great “Veteran’s Day/Pre-Black Friday” specials in the next two weeks. 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. Thanks!