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 …