Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Bitcoin taxes.

 

Precious Metals:

Mike Maloney’s Update On the Gold/Silver Ratio

 

Stocks:

At Reuters: Dow, S&P snap winning streak as Walmart weighs

 

Taxes (Bitcoin Taxes):

SurvivalBlog reader Janet X. sent us a scary little snippet from Martin W. Armstrong: Cryptocurrency Maybe Become a Tax Nightmare. JWR’s Comments: While there could indeed be accurate tax tracking of Bitcoin purchases (or sales) through exchanges, what about Bitcoin fractions that are gifts, trades, or personally mined?  Can you imagine what a tax audit would be like for someone who trades, gifts, or sells such BTC at a later date? Imagine this series of questions:  “What was the US Dollar value when you mined it?” “And what was the US Dollar value on the day that you received it?”  “And what was the US Dollar value on the day that you spent or traded it?” Yikes!

With Bitcoin prices all over map in a wild rollercoaster ride for the past three years, who is to say what this crypto’s relative Dollar value was at those precise “taxable event” days or hours?  This would be especially confusing for Bitcoin mining, which is often done very gradually. When is the taxable event Dollar-value benchmark for miners?

Consider that from 2014 to 2017 the Dollar value of a Bitcoin ranged from $4 to as high as $20,000. Then In January 2018 it was back down to $6,000. Now (as of February 20th, 2018) it is back up over $10,800. Those tax calculations might be almost impossible to make accurately!

 

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Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on real money versus fiat currency, aka “funny money.” (See the Forex section.) Precious Metals: COT Silver Report – February 16, 2018 o  o  o Johnson Matthey: Expect Platinum Surplus in 2018 Stocks: Zacks: Stock Market News for Feb 16, 2018   Forex (Real Money): The …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Bitcoin recovery expert David Veksler. (See the Cryptos section.) Precious Metals: First up, over at Sharps Pixley: Lawrie Williams: Russia May Now be World’s No. 2 Gold Miner Cryptos (David Veksler): One of my regular consulting clients in the American Redoubt recently told me a …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on becoming rare wristwatch pickers. Precious Metals: Hedge Funds Sell Gold, Silver As Turmoil Hits Equity Markets o  o  o Gary Tanashian: Silver In Position To Lead Gold Stocks: Record $23 Billion Flees World’s Largest ETF   Cryptos: Bitcoin Daily Chart Alert – Price Recovery Continues …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the National Debt. Precious Metals: Andrew Hecht: Precious Metals Continue To Offer Opportunity For Those With Patience o  o  o Gary Wagner: It’s A Mad, Mad, Mad World   Stocks: Jim Cramer blames a ‘group of complete morons’ for blowing up the market. Nobody rants …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the Jerome Powell Appointment as the new Chairman of the Federal Reserve. (See the Economy and Finance section.) Precious Metals: GFMS: Gold Prices Could Hit $1,500 An Ounce In 2018 o  o  o Gold loses its lustre as investors turn to stock markets   Stocks: …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the recent market turmoil. Stocks, Cryptos, and Gold (Market Turmoil): The top seems to have come off the equities markets in the last few days. This pretty well wiped out all of the gains since January 1st. (I hope that folks took my advice of placing …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Predicting Future Collector Interest. (See the Tangibles Investing sections.) Precious Metals: Precious metals prices forecast to rise during 2018, according to survey   Commodities: The Wall Street Journal reports: U.S. Oil Production Tops 10 Million Barrels A Day for First Time Since 1970




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the weakening U.S Dollar. (See the Forex and Commodities sections.) Precious Metals: Jeff Clark, more optimistic than ever: 2018 Gold Price Forecast and Predictions   Forex (Weakening U.S Dollar): The decline in the US Dollar against the Euro (USD/EUR) is continuing apace. This is best …




What To Do and Not Do When a Pandemic Starts- Part 2, by Scientist69

  In part 1 of this article series, I explained the difference between a pandemic and an epidemic as well as virus transmissions. We also went through some basic biosecurity measures, including items to have on hand and how to use them, including some detail on various disinfectants. Now, let’s move forward in our discussion on dealing with pandemic-causes viruses. Vaccination Vaccinations have gotten a bad reputation, unfortunately due to the occurrence of some rare issues such as allergies to vaccines, autoimmune responses, et cetera and a whole lot of misinformation. Generally, if you had regular vaccinations, you might have …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on investing in Rhodium. Precious Metals (Rhodium): Rhodium is a metal that is substantially more rare than platinum. Back in February of 2016, I recommended investing in rhodium, because it had declined to just to $670 per Troy ounce, in defiance of price fundamentals. But what a …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on some recent predictions from economist Peter Schiff. Precious Metals: The Precious Metals Week in Review — January 26, 2018   Forex: Next, at Forex Crunch: EUR/USD Forecast Jan. 29 – Feb. 2 2018   Commodities: Moving on to this as Seeking Alpha: Commodities Recap For The Week Of …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on National Digital Currencies. Precious Metals (National Digital Currencies): To start, there is this at Barron’s: Is gold on the verge of breaking out? o  o  o Anyone serious about precious metals investing should consider the impact of the upcoming advent of national digital currencies. Some …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Hyperinflation in Venezuela. (See the Economy and Finance section.) Precious Metals: First off, over at Zero Hedge: Gold ETF Holdings Surge To 4-Year Highs Ahead Of Lunar New Year Forex: Just as I have been warning you for several years in this column: It’ll be …




Economics & Investing For Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the recent “Crypto Collapse”. Precious Metals: Egon von Greyerz: Gold Will Surge As The World Hits A Rock Or A Hard Place. It is noteworthy that a lot of his advice is in very close alignment to what you’ve reading from me in SurvivalBlog for …