Category: Economics & Investing

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 …

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, some explanation of the Basel III Agreement.  (See the Precious Metals section.) Pictured above is the Bank for International Settlements (BIS) headquarters in Basel, Switzerland. Precious Metals: Basel III Endgame: what you need to know. JWR’s Comments: One little-known provision of Basel III is that beginning in July of this year it will require banks …

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’s focus: Inflation or Deflation? (See the Inflation/Deflation Watch section.) Precious Metals: Sprott: Silver Price Dip: Temporary or a Major Trend? Is Gold Next as Tariffs Shake Markets? o  o  o Households urged to check jewelry insurance coverage after gold prices surge. Economy & Finance: From the WSJ: Americans Are Sitting on a Cash Pile 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 report on the final death knell for FinCen’s domestic reporting requirements. (See the Financial Privacy section.) Precious Metals: The Precious Metals Bull is picking up speed. On Thursday, March 27th, spot gold was under $3,052 per Troy ounce.  But by Monday (March 31st) spot gold touched an all-time high of $3,148.88. Meanwhile, silver was …