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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, more about the developing global banking crisis. Precious Metals: We’ll start off today’s column with a video of excerpts from a presentation by Mike Maloney: “Change is Coming That Hasn’t Happened In 100 Years” – World Dumps US Dollar. o  o  o At Gold-Eagle.com: Gold price sees triple-digit gains in March, but can it set …




March 2023 in Precious Metals, by Steven Cochran

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 affect gold prices. What Did Gold Do in March? Gold saw choppy trade all month as safe-haven demand whipsawed between easing inflation and a global banking crisis. Prices bottomed out at $1,813/oz on Wednesday, March 7th, but were $100 higher a week later on the 15th. That $1,913 mark was the low for the rest of the month. Futures hit an intraday high of $2,011 on the 20th, then …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look chronic inflation in the Euro Zone. (See the Inflation section.) Precious Metals: The charts prove it: The precious metals are looking quite bullish. Since November of 2022, spot gold has risen from around $1,650 per Troy ounce to more than $1,975 per Troy ounce. The gains in just the last few weeks have …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, some post-mortem details on the Credit Suisse takeover. (See the Economy & Finance section.) Precious Metals: A word of caution to anyone looking for pre-1965 circulated U.S. silver coins: You should be shopping very carefully.  In today’s frantic marketplace, the premiums charged by dealers are varying much more widely than normal.  When I checked the …




Bank Failures are Driving What I’m Doing, by Sara Sue

I’ve been trying to figure out what The Powers That Be (TPTB) are up to and how it’s going to affect me. I can only speak of my own strategy for the coming deep recession and/or depression. I can’t solve the big picture crisis. I can only attend to my own farm and family. My primary goals have been to grow food as if our lives depend upon it, and to get as far away as possible from any big city without being so remote I can’t get help. Additionally, since I rely on banking, a year or so ago …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, some more coverage of the ongoing banking crisis. Precious Metals: Posted back on March 16th: Gold sparkles in stormy week for markets. Some Observations by JWR: The prices for precious metals have been quite solid, and are showing signs of starting a stair-stepping pattern. There is a whiff of bull market in the air. To …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at guns as an investment and ongoing strong gun sales in the United States. (See the Tangibles Investments section.) Precious Metals: Gold and silver prices have both jumped up substantially in Dollar terms, since the banking crisis news broke on Wednesday, March 8th. Here is some analysis, posted over at Gold-Eagle.com: Bank Failures …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at the Federal Government’s rising cost of interest to carry the National Debt. (See the Economy & Finance section.) Precious Metals: Biggest bank failure since 2008 drives gold sentiment higher, could hit $1,900 next week. o  o  o At Gold-Eagle.com: Gold Forecast – Spreading Bank Failures Could Send Gold Soaring. Economy & Finance: …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, some more details on the Silicon Valley Bank (SVB) collapse, and the closure of Signature Bank. (See the Economy & Finance section, the Derivatives section, and the Forex & Cryptos section.) Important Note: If you have any exposure to a regional bank or one that is heavily into CDS derivatives or tied to a crypto …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at some gains for precious metals in Dollar terms, and the Silicon Valley Bank crash. Precious Metals: Reported on Friday: Price gains in gold, silver on short covering, friendly outside markets. And at the opening bell in Asia this morning, both gold and silver rose even more. o  o  o Kansas Bill Would …




Some Implications of the Blackstone Default

In lieu of my regular economics & investing column, I’m posting a brief update on the threat to global financial markets from commercial mortgage-backed securities (CMBS) and collateralized loan obligations (CLOs). Since 2006, I’ve warned SurvivalBlog readers about the systemic risk posed by disappearing counterparties, in the trillion of dollars of notional value in derivatives. If you haven’t yet read my background piece about that, please take the time to do so: Derivatives–The Mystery Man Who’ll Break the Global Bank at Monte Carlo. Just a week ago, this headline was seen in newspapers around the world: Blackstone Defaults On $562MM …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at increasing new car and truck prices for the 2024 model year. (See the Inflation Watch section.) Precious Metals: SMM Forecast for Platinum and Palladium Demand in 2023. o  o  o Updated Silver Price Forecast For 2023. o  o  o Gold price predictions for next 5 years: Will gold continue rising amid weaker …




February 2023 in Precious Metals, by Steven Cochran

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 February? Gold gave back all of January’s gains in February in choppy trading, ending the month down about $10 for the year. Things started off badly on February 2nd, when the Fed, ECB, and Bank of England all hikes rates and announced that rates would be moving higher for longer than previously estimated. This sent gold down $34 to $1,916 an …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, we look at offshore tax havens and digital nomad visas. (See the Offshore Havens section.) Precious Metals: Could the Silver Price Really Hit US$100 per Ounce? o  o  o At Gold-Eagle.com: Gold Investors Still MIA Economy & Finance: Reader H.L. sent this: Retirees lost 23% of their 401(k) savings in 2022, Fidelity says. o  o  …




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. Most of these items are from JWR’s “tangibles heavy” contrarian perspective. Today, the market fallout from the recent  Federal Reserve Open Market Committee (FOMC) minutes. Precious Metals: Price pressure on gold, silver amid rising U.S. bond yields. o  o  o Chinese Gold Imports Hit Highest Level Since 2018. o  o  o Robert Kiyosaki says that gold and silver are ‘real’ and ‘global’ money, the dollar is ‘fake’ …