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 [1] also covers hedges, derivatives, and various obscura. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at the continuing precious metals bull market.
Precious Metals:
Gold has mostly stairsteped to a series of new all-time highs (in US Dollar terms) since September 4th. The Gold Bull is picking up speed! Even if the Gold Bull slows down, we can still look for even greater percentage gains in silver and platinum. Those are both relatively undervalued, when compared to gold. – JWR
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At Gold-Eagle.com: Wealthy Asian Families Are Diving Into the Gold Market [2].
Economy & Finance:
Linked over at the Whatfinger.com [3]news aggregation site, a recent X post from House Speaker Mike Johnson: Today’s revised BLS jobs numbers prove two things… [4]
And here is a slightly different perspective:
Worst Revision In History: BLS Admits A Record 911K Fewer Jobs Were Added Under Biden [5].
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Lily spotted this video: Vietnam Closes 86,000,000 Bank Accounts, Submits to OECD’s Power Grab! [6]
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At Zero Hedge: Nine Meals From Anarchy [7].
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Govt. Crisis Sends French Bond Yields Above Italy’s For First Time In EU History [8]. JWR’s Comment: Both France and Germany are presently in some deep economic Schumer.
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Newsweek: Americans warned of major credit score change this fall [9].
Commodities:
In the WSJ: Lumber Prices Are Flashing a Warning Sign for the U.S. Economy [10].
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Corn Falls Ahead of U.S. Crop Estimate; Wheat and Soybeans Firm [11].
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US Cattle Herd Lowest Since 1961 [12]. “Record Cattle Prices Expected Through 2027 Due to Smallest Herd Inventory in Decades.”
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From OilPrice News: U.S. Power Consumption Set To Hit Record Highs in 2025 and 2026 [13].
Inflation/Deflation Watch:
The WSJ reports: Inflation Erased U.S. Income Gains Last Year [14].
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Could Inflation Dampen Investors’ Rate-Cut Hopes? [15]
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Reuters: China’s producer deflation eases, helped by crackdown on price wars [16].
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Turkey forecasts 28.5% inflation this year, single digits by 2027 [17].
Forex & Cryptos:
Is the Dollar Weakening in 2025? Causes and Market Reactions [18].
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JWR’s Comment: A new BRICS currency, coupled with a SWIFT equivalent and intra-BRICS credit clearing circles, could be a huge disruptor in the global currency landscape.
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ETH price prediction: Ether targets $4,500 as the $4,200 support holds [20].
Tangibles Investing:
Over at the Independent Sentinel: There Are Only 800,000 Real US Farms Left [21].
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Housing Market Grinds to a Halt in Late-Summer Doldrums [22].
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Our featured Gun Of The Week, at Elk Creek Company: Traditions Stainless/Camouflage .50 Caliber Blackpowder Rifle [23].
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos [24] page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR [1]. (Either via e-mail or via our Contact form [25].) 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!