Category: Economics & Investing

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 base metals prices signaling a recession. (See the Commodities section.) Precious Metals: First up, from Matthew Piepenburg: Solid Gold In a Broken World. o  o  o Linked over at the Whatfinger.com news aggregation site: The apocalyptic 8000-tonne gold miscalculation. o  o  o Something for the chartists out there, at Gold-Eagle.com: Gold Forecast – …

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, some more coverage of Blackrock. Precious Metals: The spot price of silver dropped to $22.70 per Troy ounce on Friday evening (June 23, 2023.) This brings the silver-to-gold ratio back above 85.1-to-1. Ratio traders should take heed. o  o  o At Gold-Eagle.com: Gold Forecast – This Could Be the Last Opportunity to Buy Gold Below …

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. In today’s column, a special look at Overseas Investing and Expatriation. Precious Metals: Spot gold and silver both saw declines this week.  Silver was hit particularly hard, in trading on Thursday.  It was at $22.74 per Troy ounce when I last checked. This could be a good buying opportunity for folks who like to buy on …

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 a possible UPS workers’ strike. (See the Economy & Finance section.) Precious Metals: The price of gold was flat on Friday (June 16, 2023), but spot silver saw a nice 1.33% bounce to close at $24.46 USD per Troy ounce. So I adjusted my silver divisor accordingly: I now accept pre-1965 US …

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 the Federal Reserve’s decision to pause raising interest rates. Precious and Base Metals: What Changed? Even BlackRock Is Now Advising Its Clients to Look At Investing In Gold. o  o  o At Kitco.com: Gold weakens after FOMC pause, as statement still leans hawkish. o  o  o Podcast: The Brics Growing Influence on …

Today, in place of my regular column of Economics and Investing news items, I’m concentrating on the nascent crackdown on private cryptocurrency holders. To start, please take a few minutes to read these two articles, and pay particular attention to their tone: Binance.US suspends USD deposits after regulators crackdown. and, SEC’s Gensler Likens Crypto to ‘Fraudsters, Scam Artists, Ponzi Schemes’ of 1920s.

We have now moved into an era of rising interest rates that is similar to a period that started in the early 1940s. At the start of this period, the Government Debt to GDP ratio was also around 120%, close to where it eventually topped/popped. Despite high relative debt levels and a rising interest rate environment, the US was in a good position due to the US dollar being the premier world currency as a result of the 1944 Bretton Woods agreement. Instead, the US is currently facing a similarly massive debt liability and a rising interest rates environment, while …

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 the ESG scheming of the World Economic Forum (WEF) and other pressure groups. (See the Economy & Finance section.) Precious Metals: Gold ETF demand turns positive in May as investors look for safe-haven assets. o  o  o Rick Mills, at Gold-Eagle.com: Gold Revaluation and the Hidden Motive Behind Central Banks’ Gold Buying. …

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 some impacts of the raised debt ceiling. Precious Metals: Adam Hamilton, at Gold-Eagle.com: Gold’s Fedspeak Pullback. o  o  o Uganda’s ‘huge’ gold discoveries. Economy & Finance: Trillion-Dollar Treasury Vacuum Coming for Wall Street Rally. o  o  o FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners. o  …

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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at the impact of the pending Federal debt ceiling increase. Precious Metals: Why emerging markets are stocking up on gold. o  o  o At Gold-Eagle.com: Debt Ceiling Deal Keeps Dollar Locked in Devaluation Spiral. Economy & Finance: A video linked over at the Whatfinger.com news aggregation site: Dave Brat: Speaker McCarthy’s Debt Limit Deal …

Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance and the factors that affected gold prices. What Did Gold Do in May? Gold had a rollercoaster ride again in May, but when all was said and done, it had lost less than 1%. Gold prices hit an intraday high of $2,085 in Europe on May 4th but opened in New York at $2,055. It settled at the same level, marking the closing high for the month in the US. Gold closed above …

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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, some coverage of the turn in the real estate market. (See the Tangibles Investing section.) Precious Metals: Egon von Greyerz, over at Gold-Eagle.com: Gold’s Key Indicator. o  o  o Gold Stocks Still Undervalued. Economy & Finance: From CNBC: Mortgage demand drops again as rates cross back over 7%. o  o  o In the Market: Why …

We are in the midst of a system bank run, which is in the greater sense really a bank run on the United States of America, the issuer of the reserve currency of the world. The nations that are providing her with credit are increasingly viewing her as a greater credit risk, and this is reflected in the increase in interest rates on her treasury bonds.