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 bank branch closures. (See the Economy & Finance section.) Precious Metals: Mark Lundeen: Gold’s Price in Foreign Currencies. o  o  o Zimbabwe turns gold-backed digital token into payment method. Economy & Finance: Major Banks Close Over 3,000 Branches Nationwide, With Recent 50+ Closures from Bank of America In Just One Week. o  …


The Societal Effects Of Inflation – Things Are Really Going Bad, by Brandon Smith

Editor’s Introductory Note: This article was authored by Brandon Smith of Alt-Market.us and was originally published at Birch Gold Group. — Historically speaking, inflation/stagflation has always been a disastrous affair. One is hard-pressed to find any legitimate examples of a country that experienced an aggressive inflationary event that came out better for it. A rare scenario would be one in which a nation inflates to fund a war that they then win, but usually negative consequences still happen later down the road. The problem is that the effects of inflation can be subtle and far-reaching, quietly creeping up on a …


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 burgeoning global derivatives market. (See the Derivatives section.) Precious Metals: Israel’s war with Hamas puts new safe-haven focus on gold. o  o  o Mark Lundeen, at Gold-Eagle.com: Studying Barron’s Gold Mining Index. Economy & Finance: Bidenomics, in action: Inside Today’s Jobs Report: 885,000 Full-Time Jobs Lost, 1.127 Million Part-Time Jobs Added, …


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, a recap of last week’s market rout in precious metals. (See the Precious Metals section.) Precious Metals: Gold and silver both bounced back on Friday, following a rout for most of last week. On Friday afternoon, spot gold had recovered to $1,846.10 per Troy ounce (up .81%).  Meanwhile, spot silver had jumed back up 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. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at lumber prices. (See the Commodities section.) Precious Metals: Spot gold and silver both took a pounding this week. This was mostly attributed to Dollar strength, with news that interest rates would remain high. But part of this was also due to the stock market decline — a 400-point drop on Tuesday.  Doubtless, …


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, news of BRICS countries dumping U.S. Treasuries. (See the Economy & Finance section.) Precious Metals: Costco says its 1-ounce gold bars are real and have been selling out in hours. o  o  o Spot silver and gold both dipped sharply, over the weekend. This is another buying opportunity, for those of you who stack bullion …


September 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 September? Gold prices surprised observers by resisting selling pressure until the last part of the month. A breakdown in stocks, bonds, and gold caused by abysmal consumer confidence and plunging new home sales on September 26th pushed gold prices to $1,919. Bond yields hit 4.6% and the dollar index rose to 106.82 on the 27th, forcing December gold $29 lower and …


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, news of the FBIs’s “lost” gold coins. (See the Precious Metals section.) Precious Metals: Stewart Thomson: A Blowoff For Rates & A Surge For Gold. o  o  o Several SurvivalBlog readers sent this: FBI sued after allegedly losing hundreds of thousands in rare coins during raid. An excerpt: “The Institute for Justice filed two lawsuits …


Governments Start Calling For Price Controls – Rationing And CBDCs Come Next, by Brandon Smith

Editor’s Introductory Note:  In place of our usual Monday column on Economics and Investing news items, we are re-posting, with permission, this insightful piece by Brandon Smith.  Both his Alt-Market.us site and his premium newsletter The Wild Bunch Dispatch are highly recommended. – JWR — Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’  I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects of inflation.  I also noted that the index had been manipulated …


A Silver Conversion Exercise, by M.J.

As an intellectual exercise, I converted the price of some of my recent purchases from U.S. dollars to ounces of silver. I did this out of curiosity to see how well I would do in a precious metals-based economy. I used the spot price of silver per ounce that was quoted at www.apmex.com on 09-16-2023: $23.31. The other spot prices for that day are as follows: Gold: $1,937.50 per ounce Platinum: $945.70 per ounce Palladium: $1,286.00 per ounce Here’s what I bought:1 gallon of 30% vinegar: $21.07, or 0.90 ounces of silver. (Regular grocery store vinegar is 5% and costs …


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 SEC’s revised 80% rule. (See the Economy & Finance section.) Precious Metals: Price pressure on gold, silver as Fed signals higher for longer. o  o  o As Gold Hit New Record High In Yuan, Chinese Demand Improved In August. Economy & Finance: Notice from the SEC: Statement on Updates to the …


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 inflation and recession fears. (See the Inflation/Deflation Watch section.) Precious Metals: Alasdair Macleod: A brief history of the gold standard. o  o  o At Gold-Eagle.com: Transitory 2.0 Is Coming for Gold. Economy & Finance: Average American household now has $10,170 credit card debt. o  o  o Reader H.L. sent us this: Hedge …


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 low market price of corn. (See the Commodities section.) Precious Metals: What is Going On? Three Separate Coin Shop Owners Shocked as Their Bank Accounts Suddenly Shut Down with No Reason Given (Video). JWR’s Comments:  I was “debanked” two years ago, for political reasons.  All in all, I Hate Banks! 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. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, we look at rising oil and fuel prices. (See the Commodities section.) Precious Metals: SurvivalBlog’s Editor-At-Large Michael Z. Williamson suggested this article: Platinum Market on track to see record 1-million ounce deficit in 2023. o  o  o Dave Kranzler, over at Gold-Eagle.com: Gold & Silver Are Facing 2008-Like Conditions. Economy & Finance: Moody’s cuts China’s …


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 possibility of another gold confiscation. (See the Precious Metals section.) Precious Metals: Reader H.L. mentioned this, over at Doug Casey’s International Man: Don’t Dismiss the Possibility of Gold Confiscation. JWR’s Comment:  This is just one more reason to have a precious metals portfolio that is heavy on silver. Confiscating all of the …