Category: Economics & Investing

Economics & Investing For Preppers

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 crash in lab-grown diamond prices. (See the Commodities section.) Precious Metals: The NYSE stock market is slumping, and the crypto markets seem uncertain.  But gold and silver are still looking quite bullish. These were the opening numbers for the spot markets on Wednesday: Gold $2,318.10 Silver $26.74 Platinum $974.50 I must …


Unification Of CBDCs? The End Of The Dollar System Is Near, by Brandon Smith

Editor’s Introductory Note:  This article was originally published at the Birch Gold Group website and is reposted with permission.  Pictured above is the headquarters building of the Bank For International Settlements (BIS), in Basel, Switzerland. — World reserve status allows for amazing latitude in terms of monetary policy. The Federal Reserve understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The dollar’s petro-status also makes it essential for trading oil globally. This means that the central bank of the US has been able to create fiat currency from thin air …


The Year of the Snakes: 2025 Possibilities, by SwampFox

[Image Credit: A still from the 1959 Stanley Kramer/United Artists film On The Beach.] Blame it on a Chinese buffet restaurant. According to the Chinese zodiac, 2025 is the “Year of the Snake.” It seems appropriate, as a number of insidious things are coming together. Will 2025 be a year of treachery and disaster? Will the economy collapse? I am not a prophet, but I can put together some interesting recent facts. Most obviously, 2024 is an election year. Whatever your hopes about the upcoming election, I can almost guarantee that Trump will not be re-elected. The last election was …


Economics & Investing For Preppers

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 rising mortgage interest rates. (See the Economy & Finance section.) Precious Metals: Just as I predicted, there has been some profit-taking in the gold and silver markets.  As of Thursday afternoon, spot gold was around $2,345 and silver was around $27.65 per Troy ounce.  But the markets won’t be fooled. I expect strong …


Economics & Investing For Preppers

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 investing aspect of the upcoming demise of gun-buying privacy in the United States. (See the Tangibles Investing section.) Precious Metals: Precious metals were up again Thursday evening (Friday morning, in Asia), on news of an Israeli retaliatory missile strike on Iran: Gold $2,421.40 up $25.10 (1.04%) Silver $28.87 up $0.35 (1.23%) …


Economics & Investing For Preppers

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 California’s $20 minimum wage law. (See the Economy & Finance section.) Precious Metals: Despite some profit-taking, the precious metals bull market is looking more solid with every passing week. At last glance, on Thursday evening, 11 April: Gold: $2,400.40, up 1.76% for the day. Another all-time high. Silver $28.95, up 2.01% for …


Economics & Investing For Preppers

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, another look at the effects of inflation. (See the Inflation/Deflation Watch section.) Precious Metals: The precious metals rally is continuing. As of Friday, April 5th, 2024 (AM): Gold: $2,340.30, up $37.50 for the day.  (Another all-time high.) Silver: $27.60, up $0.24 for the day. Published on Wednesday: Gold Prices Have Surged 23.3% in the Last …


March 2024 in Precious Metals, by Steven Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, presented by Gainesville Coins. Each month we take a look at “the month that was” in precious metals. We cover gold’s performance and the factors that affected gold prices. What Did Gold Do in March? Boy, did anyone see this coming? I actually lost count of how many record highs gold hit this month. Gold futures and spot gold both started the month with new all-time highs. $2,095 an ounce for futures, $2,083 for spot. Futures ended the month $143 higher at $2,238 an ounce, and spot gold gained $150 after finishing …


Economics & Investing For Preppers

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 new taxes and proposed taxes. (See the Taxes section.) Precious Metals: The spot and futures prices of gold and silver kept up great strength this week. As of Thursday evening (March 28, 2024), here is a snapshot of the spot market: Gold: $2,247.30 USD per Troy ounce — up $42.00 (1.88%) …


Update: A 21st Century Tangibles Investing Rationale

Introductory Note:  This is an update and substantial expansion to an article that I posted to SurvivalBlog back in 2018. — I often have people ask me: “Why do you stress tangibles investing, Mr. Rawles?” In my estimation, tangibles always trump intangibles. I have three primary reasons why I distrust intangibles: First: Nearly all intangible investments are denominated in fiat currencies. Because of this there is an underlying currency inflation, revaluation, or repudiation risk. Even when buying stock in the safest, most secure and impeccably-managed company it still has some risk when the investment is denominated in Dollars. Ditto for …


Silver Stacking: Patience and Persistence Pays Off

I have been a “silver stacker” for many years. With money earned mowing lawns, at age 16 I started buying pre-1965 mint-date “junk”  U.S. silver dimes and quarters in 1976 at a small local coin shop in Livermore, California. It was called Bob’s Coin Corner. Bob was patient in explaining silver coins to me.  In 1979 I sold nearly half of my silver coins just after silver peaked, when spot silver was at $47.75 per Troy ounce. I started buying some silver and gold again in June of 1987, when silver was at $8.98 per ounce. A practical silver investor …


Economics & Investing For Preppers

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 planned European CBDC. (See the Forex & Cryptos section.) Precious Metals: At John Rubino’s substack: Accidentally Funny CNBC Grapples With Costco Gold Sales. o  o  o At Gold-Eagle.com: Gold Stocks Strongly Outperform After Gold Breakouts. JWRs Comment: Since starting SurvivalBlog in 2005, I’ve refrained from touting gold mining stocks. In my estimation …


Shortages? Why?, by Patrice Lewis

Introductory Note From JWR: This article was first posted in the excellent Rural Revolution homesteading blog.  It is reposted with permission. — I have a friend in Maine. Last week she e-mailed and said, “I noticed in the past few weeks big gaps on shelves in the grocery store in next town. In two areas today, all the shelves – top, middle, and bottom, for 1/4 length of the aisle – were completely empty! To be honest, I don’t know what was there, but it’s not there now. And the prices!!!!!!! Eggs are $4.59, a can of SPAM is $4.39. …


Why The US Economy is Actually A Disaster In Progress, by Brandon Smith

One of my favorite false narratives floating around corporate media platforms has been the argument that the American people “just don’t seem to understand how good the economy really is right now.” If only they would look at the stats, they would realize that we are in the middle of a financial renaissance, right? It must be that people have been brainwashed by negative press from conservative sources… I have to laugh at this claim because it’s a very common one throughout history – It’s an assertion made by almost every single political regime right before a major collapse. These …


Economics & Investing For Preppers

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 spiking olive oil prices. (See the Commodities section.) Precious Metals: The recent rally in gold is continuing, albeit with some profit-taking. My gut tells me that in a few months folks will consider $2,200 USD per Troy ounce the new floor, for spot gold. o  o  o From chartist Mark Lundeen, at Gold-Eagle.com: …