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 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 …

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 further examine the real estate boom in the American Redoubt states. (See the Tangibles Investing section.) Precious Metals: Silver price bounces off support below $25; weakness is overdone – Commerzbank. o  o  o Daan Joubert: Exploring COMEX Gold And Silver. Economy & Finance: At Yahoo Finance: Yield Plunge Stirs Thoughts of …

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 thin silver market. (See the Precious Metals section.) Precious Metals: Can Reddit’s silver ‘apes’ beat the market?  JWR’s Comments: In a market this thin, yes, the Reddit crowd could indeed trigger a large market rally and a lot of short covering!  What do I mean by “thin”?  A thin …

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 continuing inflation. (See the Inflation Watch section.) Precious Metals: Forecast: What’s Next For Gold Is Always About The US Dollar. o  o  o Sharp declines in treasury yields equal higher gold pricing. Economy & Finance: Forbes reports: Senate Democrats Unveil $3.5 Trillion Spending Deal. JWR’s Comment:  If they ramrod …

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 how and where to find affordable land. (See the Tangibles Investing section.) Precious Metals: Why Copper Will Help Define Silver Supply Through at Least 2030. o  o  o Gold, Silver And Basel Three: A Glimpse Of The Future. Economy & Finance: Video: The Fed Just Lit the Fuse for …

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 strong demand for RVs. (See the Tangibles Investing section.) Precious Metals: Thai central bank leads pack, buying 90 tonnes of gold over April and May. o  o  o Gold & Basel III’s Trillion-Dollar Question. Economy & Finance: Reader H.L. sent us this: David Stockman on the Fed’s Socialist …