Category: Economics & Investing

JWR’s Meme Of The Week:

JWR’s latest meme: Meme Text: The U.S. Minimum Wage in 1965 Was $1.25 Per Hour The Silver in Five Pre-1965 Quarters ($1.25 Face Value) is Now Worth $32.95. We Have Been Robbed of Purchasing Power. Make Our Money Silver Again! News Link: Silver Prices Rise: A Look at the Current Market Trends Notes From JWR: Do you have a meme idea? Just e-mail me the concept, and I’ll try to assemble it. And if it is posted then I’ll give you credit. Thanks! Permission to repost memes that I’ve created is granted, provided that credit to SurvivalBlog.com is included.  


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 roaring precious metals markets. (See the Precious Metals section.) Precious Metals: The precious metals bull market is continuing.  The week started with a bang, as spot gold jumped to $2,742.20 (up .47%) and spot silver to $34.28 per Troy ounce (up 3.02%) in Monday morning Asian trading. (That is Sunday evening, …


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 Biden Administration’s LNG Export Ban. (See the Commodities section.) Precious Metals: Spot gold jumped to $2,708.70 per Troy ounce on Thursday morning, in Asian trading. That was another all-time high. And on Wednesday, spot silver briefly touched $32.40. Although there may be some short-term profit-taking, I expect to see gold in …


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 higher mortgage interest rates. (See the Economy & Finance section.) Precious Metals: JPMorgan: Gold Getting a Boost from the “Debasement Trade”. o  o  o Frank Holmes: Gold SWOT: Hungary has raised its gold reserves, citing the precious metal’s role as a haven.  JWR’s Comment: Part of the recent slip in the U.S. gold price …


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 report on possible lower crude oil prices. (See the Commodities section.) Precious Metals: Silver and gold prices have continued to be quite strong. When I checked on Thursday evening (Friday morning in Asia), Spot Gold was at $2,677.70 per Troy ounce, and Spot Silver was at $32.43. Wow!  The COMEX short sellers must be …


October, 2024 in Precious Metals, by Everett Millman

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 silver’s performance and examine the factors that affected the metal prices. WHAT DID GOLD AND SILVER DO IN SEPTEMBER? It was yet another month of solid gains for silver and gold, including fresh all-time highs for the latter. As we enter the fourth quarter of the calendar year, the precious metals continue to reinforce the conviction that they are experiencing a durable bull market. Both metals started the month lower on 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 the raging bull gold market. (See the Precious Metals section.) Precious Metals: With spot gold hitting another all-time high of $2,693.00 per Troy ounce on Thursday morning, it now appears that the U.S. COMEX short traders are near capitulation. (Meanwhile, spot silver hit $32.61.)  When the shorts finally give up their weekly see-saw …


The First Steps Toward a Liberty Platform, by Ron Paul

Last weekend several hundred of us gathered in Washington, DC, at the Ron Paul Institute conference to again proclaim our dedication to the cause of liberty and our opposition to constant US government assaults on that liberty. Our collaborators included old friends like Judge Andrew Napolitano, who explained that the Bill of Rights was not added to the Constitution to grant Americans liberties, but to recognize liberties already existing for all persons – regardless of nationality – by virtue of their humanity. That is why the US government was purposely or unwittingly in the wrong when it tried to argue …


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 examine the Federal Reserve’s September 18th interest rate cut. Precious Metals: Gold price rallies to all-time high shy of $2,600 as Fed cuts 50 bps. Updates: Spot gold was at  $2,594.70 per Troy ounce on Thursday, in Asia. And silver jumped to $31.20. Platinum was also playing catch-up, rising to $1,004.50. (Up 1.4% in …


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 new era of the $1 million starter home. (See the Tangibles Investing section section.) Precious Metals: At Kitco: Gold/Silver: What will silver do when the Fed cuts rates? Metals Minute w/ Phil Streible. o  o  o At Gold-Eagle.com: Gold-Backed ETFs Report Net Gold Inflows for the Fourth Straight Month. 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. This column emphasizes JWR’s “tangibles heavy” investing strategy and contrarian perspective. Today, another look at pennies and nickels. (See the Base Metals section ad the Commoditoes section.) Precious Metals: When I last checked (Mid-day on Thursday, September 6th): Gold $2,519.20  (Up $9.90) Silver $29.10  (Up $0.65) It seems that the short sellers are losing this fight. The Asian long traders are dominating the global markets. The shorts …


August, 2024 in Precious Metals, by Everett Millman

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 silver’s performance and examine the factors that affect the metal prices. WHAT DID GOLD AND SILVER DO IN AUGUST? The precious metals enjoyed another month of modest gains in August. The results would have been more impressive if not for a sharp sell-off on the last trading day of the month. Spot gold began the month around $2,450 per troy ounce and finished at $2,502/oz. Silver prices opened August below $28.50/oz and …


Carry Trade Trap: Why The Fed Has Waited So Long To Cut Rates, by Brandon Smith

Editor’s Introductory Note: This article was written by Alt-Market.us Editor Brandon Smith and originally published by the Birch Gold Group. It is reposted with permission. — In 2022 there was considerable debate among alternative economists what the Federal Reserve was likely to do in the face of rising stagflation. There were people who argued that the Fed would capitulate to stock market demands, stop raising interest rates and return to Quantitative Easing (QE). These analysts operated on the assumption that the central bank wants to save the US economy from substantial deflationary crisis and that they will happily print money …


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 continuing bull market in precious metals. (See the Precious Metals section.) Precious Metals: FoxNews: Value of gold bar hits $1 million for first time ever.  (A hat tip to H.L. for the link.) o  o  o Gold Holds Above $2,500 as Powell Signals Rate Cuts Are Coming. o  o  o At …


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, after news of gold’s winning streak, we look at classic car restoration. (See the Tangibles Investing section.) Precious Metals: Gold has gained 22% in 2024. Gold prices have been very strong since August 7th, repeatedly setting new record highs in U.S. Dollar terms. I noticed that spot gold touched $2,544.20 USD per troy ounce, on …