Category: Economics & Investing

Just like for silver, every major gold rally since 1971 has been during a time of US dollar decline (i.e., U.S. Dollar Index decline—that is, the US dollar as measured against a basket of major currencies.) From 1971, the DXY declined from about 120 to around 86 at the gold peak in 1980. From 2001 the DXY declined from about 117 to around 74 at the 2012 gold peak. During the current gold rally of the 2020s, it will likely be no different. It will likely go from the 2022 high of about 114 to a new all-time low, as …

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 look at weakening demand and softening prices for new guns. (See the Commodities section.) Precious Metals: At Currency Thoughts: Singapore Gold Takes Direct Aim at Comex, LBMA. o  o  o Jesse Columbo, at Gold-Eagle.com: A Report on the Bullish Case for Platinum. o  o  o Video: Andrew Maguire – “You’re About to Miss Silver’s …

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 look at silver’s breakout. (See the Precious Metals section.) Precious Metals: Silver surges past $35/oz level to hit a more than 13-year high. JWR Adds:  When I checked on Tuesday evening, spot silver was at $36.87 per Troy ounce! There was a dip on Wednesday, but by Thursday evening (Friday morning, in Asia), silver was …

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 look at the global debt crisis in general and the U.S. National Debt, in particular. Precious Metals: With both world war tensions and a global debt crisis brewing, the precious metals bull market is picking up speed. I took note that spot gold stood at $3,393.60 USD per Troy ounce on Thursday morning. It …

The US dollar banking system is in the midst of a bank run by the measures that I will illustrate here. Since the 1879 gold standard was established in America, the US dollar could be directly redeemed for gold within the banking system. This continued even after the Federal Reserve was created and until it was ended for citizens in 1933. In such a system, the measure of actual gold held by the banking system ( the true monetary base) versus the gold certificates (paper dollars but measured as the monetary base) with which gold could be redeemed is a …

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 look at the demise of the U.S. penny. (See the commodities section.) Precious Metals: The spot prices of gold and silver have been strong for nearly a week. If we see a sustained rally in silver above $36 per Troy ounce, I suspect that the Perma-Short market manipulators may capitulate. And once that happens, …

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 look at the LMBA’s delivery crunch. (See the Precious Metals section.) Precious Metals: The London Bullion Market Association (LBMA) is running into a physical delivery crunch for gold contracts. There are now so many long contract holders demanding delivery that the delivery part of the LBMA’s traditional “next working day” contract settlement promise has been …

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 look at the American mortgage debt burden. (See the Economy & Finance section.) Precious Metals: The bull markets in precious metals is being driven by two factors: 1.) Central bank accumulation of physical metals and 2.) The insatiable demand at all levels in China (and elsewhere in Asia), because of gut-level distrust in The …

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 look at Tariff Arbitrage in Tangibles. (See the Tangibles Investing section.) Precious Metals: Despite the best efforts of the short-sellers, the precious metals bull market now seems to have been confirmed. The rise in gold now appears unstoppable. Meanwhile, the Silver Shorts are still pulling the weekly shenanigans, almost every Friday. But given the …

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 look at the threat of Bitcoin Wrench Attacks. (See the Forex and Cryptos section.) Precious Metals: Reuters: JP Morgan sees gold prices crossing $4,000/oz by Q2 2026. o o o Will gold hit $4,000 per ounce in 2025? Experts weigh in. o  o  o Jan Nieuwenhuijs, at Gold-Eagle.com: Can Gold Reach $16,000? 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 silver’s performance and examine the factors that affected the metal prices. WHAT DID GOLD AND SILVER DO IN APRIL? The prices of gold and silver diverged from one another during April. Their price ratio (GSR) is still at a five-year high above 100:1. Both metals started the month off slowly. After two uneventful days, on Thursday, April 3rd gold slid 0.8% and silver tumbled $2.07 lower (-6.1%). Friday, April 4th was an …

The most significant Dow peaks in the last 100 years were in 1929, 1966, 1973, and 1999. The 1929 peak was a nominal major peak as well as a major peak as measured in terms of gold (Dow/Gold ratio peak). The 1966 and 1999 peaks were major Dow/Gold (D/G) peaks, whereas the 1973 peak was a major nominal peak. There has always been an interesting relationship between these peaks and silver rallies. After all of these peaks of the Dow there were significant silver rallies that followed. Below, is a long-term chart for sold and the Dow:    

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 look at shifts in the silver-to-gold price ratio. Precious Metals: Gold and silver are still looking quite bullish, despite some recent profit-taking that pushed gold down to the $3,330 range.  Presently, I strongly recommend buying silver rather than gold. I expect the silver to see greater percentage gains than gold, in the next few …