Category: Economics & Investing

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 …

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  …

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’ …

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. …

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 …

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 …

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 …

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 …

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 …

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  …

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 January? Gold kicked the current rally into overdrive in January. Starting the year at $1,829 an ounce, spot gold closed at $1,923 an ounce on January 30th. It began the year hitting a six-month high near $1,850 early on January 3rd before easing, only to claim that level the next day. Prices marched higher during the second week in January, to …

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 copper supply and prices. (See the Commodities section.) Precious Metals: John Rubino: Gold Or Silver? o  o  o Arkadiusz Sieroń, at Gold-Eagle.com: The Fed’s Crossroads – Hawkish or Dovish? JWR’s Comments:  My appraisal is that the Fed will be pressured by the U.S. Treasury to relent on raising interest rates, most likely  …