A Special Editor’s Note: This will be the last regular Economics & Investing For Preppers news column. Because so many news outlets have put their content behind paywalls, it has become increasingly difficult to assemble this column. It will be replaced by a new weekly item: Economics & Investing Media of the Week. That will typically be photos, video links, or the occasional news item.
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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, another look at stockpiling nickels. (See the Tangibles Investing section.)
Precious Metals:
The gold-hating editors of MSN report: Gold is suffering its worst drop in 12 years: Billionaire investor and ‘bond king’ Bill Gross thinks the top may be i [2]n. JWR Asks: How many economists and investing moguls did they have to contact before they could find one who agreed with their anti-gold narrative?
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Bloomberg Notes India Just Broke the Silver Market [3]. JWR’s Comment: Empty silver warehouses? The Law of Supply and Demand dictates…
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Why Precious Metals Soared in October [4].
Economy & Finance:
Linked over at the Whatfinger.com [5]news aggregation site: Amazon Plans to Replace More Than Half a Million Jobs With Robots [6].
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From the globalist/socialist IMF: Global Economy in Flux, Prospects Remain Dim [7].
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An Epoch Times piece, by way of Zero Hedge: The Gold And Silver Boom Is Ominous [8]. Here is a quote:
“For all the world, this feels like a flight to the real. Central banks want gold and silver. Large investors. Heavily leveraged brokers. Huge institutions. Regular consumers. Everyone is grabbing as much of the stuff as possible right now.
Will there be a correction? Maybe. But this is truly worrisome. It reveals a lack of confidence in our fiat world.
The data right now seems to back up a genuine cause for worry. Inflation nearly disappeared completely once Trump took office. It happened without explanation. Maybe it was a reflection of optimism by business that they could eat more of the increased wholesale costs because big profits were headed their way.”
Commodities:
More Than An Accident? Kyle Bass Sounds Alarm On U.S. Military Explosives Supply Chain After Tennessee Plant Blast [9]. OBTW, Kyle Bass is a fellow Nickels investor.
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Reuters: Oil settles at 5-month low as supply glut fears mount [10].
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Market analysis from Canada: Will Similarities to the Housing Crisis and Dot-Com Bubble Support Commodities? [11]
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From OilPrice News: Gasoline Prices Drop Toward Pandemic-Era Lows [12].
Inflation/Deflation Watch:
US cementing higher inflation regime [13].
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CBO Releases Economic Projections From 2025 to 2028 [14].
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JPMorgan trims Turkey rate cut forecast, ups inflation predictions, flags risks ahead [15].
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IMF Expects Venezuela’s Inflation to Rise to 682% in 2026 [16].
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Deflationary pressures persist in China on weak demand, overcapacity [17].
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And over at Currency Thoughts: British CPI Inflation Not as High in September as Thought [18].
Forex & Cryptos:
With US Dollar ‘Rebound’ Waning, EUR/USD and GBP/USD Could Bounce [19].
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Canadian Dollar Forecast: USD/CAD Reverses – What’s Next? [20]
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Amazon Web Services outage cripples major crypto exchanges [21].
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Bitcoin to crash below $100K before shocking move, analyst predicts [22].
Tangibles Investing:
At Marketwatch: This 35-year-old is stockpiling $250,000 in nickels as a bet against inflation: ‘This has zero downside’ [23].
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For some further reading, see: Mass Inflation Ahead — Save Your Nickels! [24]
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. Please see our Provisos [25] 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 [26].) 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!