Category: Economics & Investing

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’ …


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 rising new car prices. (See the Tangibles Investing section.) Precious Metals: Price pressure on gold, silver on worries Fed hawkish for longer. o  o  o At Gold-Eagle.com: Andy Schectman: De-dollarization Continues Amidst High Inflation. Economy & Finance: US risks default as soon as July, will add $19T to national debt, agency estimates. …


A Word Of Warning On Preserving Your Wealth

At the risk of sounding repetitious, I’m issuing this brief warning to SurvivalBlog readers: The average American income is not keeping pace with inflation. This chart says it all. Take a look at that chart. The brief positive blip in 2020 is attributable to the combined effect of people reducing their expenses by staying at home and receiving the veritable helicopter drop of economic stimulus checks. But since then, we’ve been collectively blindsided by inflation. Do not expect inflation to get back under 5% for a decade or more. The Federal Reserve”s recent credit tightening has been insufficient to stem …


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 global inflation. (See the Inflation Watch section.) Precious Metals: Gold price up following U.S. CPI close to expectations. o  o  o At Gold-Eagle.com: The Bond Market Is Already Broken, What’s Next For Silver and Gold? Economy & Finance: A new Piepenburg interview: No “North Star” for a Global Economy Drifting in Unsustainable …


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 continuing stagflation threat. (See the Economy & Finance section.) Precious Metals: Michael Pento, at Gold-Eagle.com: Four Reasons Why The January Rally Will Falter. o  o  o Gold Forecast: Temporary Correction Followed by a Breakout Above $2000. o  o  o Gold Still in Stall, Looks Further to Fall. Economy & Finance: Stagflation …


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 Lebanon’s ongoing banking crisis. (See the Economy & Finance section.) Precious Metals: Wyoming Senate Votes to Hold, Invest, and Receive Tax Payments in Gold and Silver. o  o  o Central Bank Gold Reserves Chart Second-Highest Increase Since 1950 In 2022. Economy & Finance: Reader Joe M. sent this: Lebanese banks close doors to …


Some Stark Realities of the 2020s are Pushing Us Off-Grid

There are a number of societal changes that have accelerated our plans to fully go off the grid. The day may soon come when we decide to lock our gate at the county road, and hunker down. Our only regular contact would then be with our contiguous neighbors. For many years, I thought that the only circumstance that might necessitate such a move would be a societal collapse. But now, I have many other concerns. The most prominent motivators for taking on the mode of self-isolation include: Currency inflation The surveillance state Increasing regulation Forced vaccination schemes Supply chain disruption …


A Dollar Collapse Is Now In Motion – Saudi Arabia Signals End Of Petro Status, by Brandon Smith

The decline of a currency’s world reserve status is often a long process rife with denials. There are numerous economic “experts” out there that have been dismissing any and all warnings of dollar collapse for years. They just don’t get it, or they don’t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds. One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot …


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 Reserve’s balance sheet. (See the Economy & Finance section.) Precious Metals: You may have heard that silver tumbled 5.19% on Friday, to $22.57 USD per Troy ounce.  That was attributed to a briefly-strengthening Dollar.  But the Dollar’s prospects look dim for 2023, while the prospects for silver look bright. Buy …


The Fed’s Crossroads – Hawkish or Dovish?, by Arkadiusz Sieroń

Editor’s Introductory Note: This guest article was selected by JWR. It was first published by Sunshine Profits, and is reposted with permission. — While Flash US Purchasing Managers Index (PMI) declined further in January, the input inflation accelerated. It’s not clear whether the Fed should become more dovish or hawkish – and that impacts gold. The flash US PMI Composite Output Index registered 46.6 in January, up from 45.0 in December. It implies that the decline in business activity softened to the slowest in three months. But it was a further fall, as each number below 50 means a decrease …


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 renewed market demand for gold. (See the Precious Metals section.) Precious Metals: Gold demand surged to an 11-year high in 2022 on ‘colossal’ central bank buying. o  o  o The world’s largest silver producing countries in 2022 – report. o  o  o Kelsey Williams, at Gold-Eagle.com: Orderly Markets vs. Chaos. o  o  …