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 some warnings from JPMorgan Chase CEO Jamie Dimon. (See the Economy & Finance section.) Precious Metals: Millennials are hoarding more gold than boomers and Gen X-ers. o  o  o Why a Texas Gold-Backed Currency Is a Stand Against the Fed. Economy & Finance: JPMorgan Chase CEO Jamie Dimon Lists a Number of …

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 faltering Chinese economy. (See the Economy & Finance section.) Precious Metals: Kennedy Shows Crypto Chops – Vows To Back USD With Precious Metal, Bitcoin If Elected. o  o  o At Gold-Eagle.com: BRICs – Gold Convertibility Is The Key. o  o  o Gold Versus Silver – Which Is the Wisest Investment? Economy …

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 analysis of the recent jump in spot silver. (See the Precious Metals section.) Precious Metals: Gold/Silver: A new leg higher or a bull trap? o  o  o Morris Hubbart, at Gold-Eagle.com: Gold Surges & Silver Surges More. Economy & Finance: I missed seeing this, when it was posted back in March: Analysis of the President’s …

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 cover the announcement of a planned new BRICS Gold-Backed Currency. (See the Forex & Cryptos section.) Precious Metals: Spot silver jumped nearly 4.5% in one day on Wednesday, to $24.39 per Troy ounce. Meanwhile gold was up 1.33% to $1,971 per Troy ounce.  I hope that my readers have been paying attention to the …

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 strategic metals. (See the Commodities section. Pictured above is a Germanium Diode in a GFDL photo by Aomorikuma.) Precious Metals: Gold faces 10 months of headwinds from hawkish Fed while silver gets strong support from Europe – Heraeus. o  o  o Mark Lundeen, at Gold-Eagle.com: The Price of Gold in Foreign Currencies. …

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 …