In Economics & Investing Media of the Week we feature photos, charts, graphs, maps, video links, and news items of interest to preppers.
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Economics & Investing Links of Interest
- As reported by the leftist Washington Post: How tech billionaires spurred an exodus from California [2].
- Spot silver broke out again to $94.77 per Troy ounce on Monday morning. By Tuesday afternoon, it was at $95.57. And just before Thursday’s Comex market close, it touched $99.53. That was another all-time high. A $1,000 face value bag of circulated “junk” silver now sells for about $74,000. I feel obliged to remind SurvivalBlog readers of a caveat: On-paper profits are illusory until you actually take a profit. Silver at above $95 per ounce is a good opportunity to begin to gradually recoup your original silver cos [3]t, especially if you bought your stack at less than $30 per ounce. Do not attempt to time the top of a market spike. I recommend parlaying any silver proceeds into another tangible — such as a big propane tank, some nice investment-grade guns, or paying down your home mortgage. Once you’ve recouped your investment, you may then hang on to the rest of your silver stack as a hedge against further U.S. Dollar declines with no regrets and feeling no angst as the market gyrations continue. – JWR
- Video: What a Currency Reset Might Actually Look Like [4].
- Interview: ‘I think this is a once in a generation. We don’t often see monetary regime change’: McAlvany [5].
- WSJ: Soaring Electricity Costs Are Now a Hot Political Issue [6].
- Broken Currency: The Mechanics of Regime Change [7].
Economics & Investing Media Tips:
Please send your economics and investing links to JWR [8]. (Either via e-mail or via our Contact form [9].) Thanks!