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. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the rising price of now import-banned Russian AK ammunition. (See the Tangibles Investing section.) Precious Metals: COMEX Silver Bought Back By Refiners For First Time In History. o  o  o The War on Cash Is Here, Gold Will Be the Only Road to Freedom Says Renowned Columnist. Economy & …

Today, in lieu of our regular column of Economics & Investing news items, I’m posting my retrospective on the long-term legacy of currency debasement in the United States. I chose to do so this week because Richard M. Nixon’s Day of Perfidy was 50 years ago, earlier this month. The U.S.: 50 Years in Currency Fantasyland It was 50 years ago, in August of 1971, that the United States finally severed its last vestige of a gold standard. This came when President Nixon announced that the Treasury “temporarily” ceased redemption in gold of U.S. Dollars presented by foreign governments. He …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at Bitcoin regaining $50,000. (See the Forex & Cryptos section.) Precious Metals: I just noticed the silver to gold ratio has slipped back down to 76.26-to-1.  So this is a good juncture for you to ratio trade some of your gold into silver. And to reiterate a point that I …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the return of some ammunition to gun store shelves. (See the Tangibles Investing section.) Precious Metals: All eyes are still on Afghanistan. Mark my words: If you begin hearing the words “American Hostages” coming out of Afghanistan, then you can expect to see precious metals zoom up 10% or …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the revaluation of the Venezuelan currency. (See the Forex & Cryptos section.) Precious Metals: It was 50 years ago, this month, that President Richard Nixon took the U.S. Dollar off the Gold Standard –ending convertibility of paper Dollars into gold. We’ve been on the Paper Standard ever since. Not …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we again look at Swiss watches. (See the Tangibles Investing section.) Precious Metals: Manly: Gold Price Smash in Paper – But Physical Demand on Fire. o  o  o Barrick CEO: Gold’s real rally hasn’t even come yet; Mark Bristow on Q2 results, forward guidance. Economy & Finance: At Zero Hedge: Yields Plunge …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we again look at investing in military surplus (“mil-surp”) rifles. (See the Tangibles Investing section.) Precious Metals: Friday’s news: Why did gold price drop 2% today? More downside coming? Gareth Soloway on metals, stocks, Bitcoin.  JWR’s Comments:  I expect the futures and spot prices of gold and silver to recover, certainly by …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at the jet fuel shortage. (See the Commodities section.) Precious Metals: August could be a ‘terrific’ month for gold, says Jim Cramer. o  o  o Arkadiusz Sieroń: Allocation to Gold Is Set to Rise. How Will Prices Respond? Economy & Finance: Will the Delta Variant Wreck the Recovery? o  o  …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at investing in military surplus rifles. (See the Tangibles Investing section.) Precious Metals: Silver Price Forecast: Back into the Teens? o  o  o Inflation climbs higher, but gold closes sharply lower. Economy & Finance: On Friday, the U.S. Senate advanced the Bipartisan Infrastructure bill with a 66-28 vote. JWR’s Comment: …

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 July? Gold started July at $1,770 an ounce, which would be the low for the month. Gold’s price action would be determined by two things in July: the strength of the 10-year Treasury note, and the strength of the dollar. Gold grinded higher the first week of July, closing at $1,802 on the 7th. This was gold’s first close above $1,800 …

Here are the latest news items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of SurvivalBlog’s Founder and Senior Editor, JWR. Today, we look at labor shortages in the railroad industry. (See the Economy & Finance section.) Precious Metals: Mike in Alaska wrote to mention a free online precious metals price calculator. o  o  o Arkadiusz Sieroń: Gold’s Behavior in Various Parallel Inflation Universes. Economy & Finance: First up, at Wolf Street: After Slashing …