Category: Economics & Investing

Preparing For The Cashless Transition

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Most western nations will soon adopt digital currency. Already, more than 80% of day-to-day transactions in the First World are settled with debit cards, credit cards, PayPal, or checks. In Europe, the use of the EC card—a sort of interbank debit card—has become ubiquitous. Going “cashless” is the Big Trend. With the now widespread use of smart phones, payment for many small transactions is as simple as just waving a phone at the checkout counter. (This is a so-called “contactless” or “mobile wallet” purchase.) Mobile wallets, such as Apple Pay, Google Pay, and Samsung Pay, are catching on rapidly.  So …


Economics & Investing For Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Economist Peter Schiff”s predictions. Precious Metals: First, there is this: Gold marks lowest finish in nearly 8 weeks. o  o  o Next, some charts from Jim Wyckoff: Monday’s Charts for Gold, Silver, Platinum and Palladium, July 03 [2017]


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on collectible knives.  (See the Tangibles section, near the end of this column.) Precious Metals: First, there is this monthly newsletter: Sprott Precious Metals Report – June 2017 (PDF) o  o  o Next, is some commentary by Steve St. Angelo: When This Massive Bubble Pops… What Will …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on buying Sterling Silver. (See the Tangibles Investing section near the end of this column.) Precious Metals: First, the big news this week is that spot gold gave up about $5 in early trading on Wednesday. This left the Gold Bull “Longs” unfazed.  They know that …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Rhodium. Precious Metals: First, there is this: Gold Steady Ahead Of US Data This Week, Weaker Dollar Supports o  o  o Some good news: Louisiana Ends Sales Tax On Gold And Silver Bullion


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Forever stamps sold by the U.S. Postal Service. Precious Metals: First, by way of the excellent The Daily Coin web site, we found this cross-post from The Daily Reckoning: The ONLY Gold Chart You Need o  o  o Gold Steady Ahead Of US Data This Week, …


Economics & Investing for Preppers

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Here is the latest economics news and investing news.  We cover market trends, stocks, and the precious metals markets. We also discuss hedges, derivatives, and obscura. Most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the oft-interviewed hard money advocate Peter Schiff. Precious Metals (Peter Schiff): First up, there is this video:  Peter Schiff on Gold, Trump, QE, & Potential Recession. Schiff predicts that the Fed will be forced to revert to ZIRP. (Zero Interest Rate Policy.) He also says that QE4 is on the horizon. o  o  …


Economics & Investing for Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the Fake Recovery. Precious Metals: First up, Frank Holmes asks: Is India’s Gold Market Recovering? o  o  o The Herald (in New Zealand) reports: May gold deliveries buoyant   Commodities: Next, there is this from Nick Cunningham: Déjà Vu: Shale To Kill Oil Prices Once …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the world’s best-known cryptocurrency,  Bitcoin. Precious Metals: First, there is this, over at Kitco: Ignore the Hawkish Fed, There’s Still A Case for Gold – Traders o  o  o The Taipei Times reports: India plans gold policy revamp for US$19 bn sector Alternate Currencies (Bitcoin): …


Letter: Debt After SHTF

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Hugh, I’m looking for some justification of some prepper advice I’ve seen. More than a few articles recommend getting out of debt now before SHTF. I say, “Why?”. In the event of TEOTWAWKI the banks will be shut down anyway. Who’s going to process the repo paperwork? Who’s going to come enforce the repo? The local Sheriff is going to have more important things on his plate. That is assuming that he’s even still performing the duties of LEO. On top of that, I’d be willing to bet that when things started to get “back to normal” past debts will …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is a likely burst of the global debt bubble in the near future. Precious Metals: First off, here is some useful commentary from Peter Hug: Is $1,300 Gold a Viable Target? o  o  o Also at Kitco: Fed Increases; Dollar Rises, Gold Swoons Commodities Economics: Next, over …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on the bargain prices now available on DPMS AR-15 Oracle rifles.  The market fro “black rifles” has bottomed! Precious Metals: First off, there is this: Gold’s Strength Is Justified Says UBS Commodities Economics: Next, over at OilPrice.com, Henry Trinh reports: Top Asset Managers Still Bullish On …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Chinese investors. Precious Metals: First of all, Greg Hunter offers his Weekly News Wrap-Up  (6.9.17) o  o  o From Reuters: Palladium surges 7 percent to highest in 16 years; gold retreats Commodities Economics: Next, over at OilPrice.com, there is an informative piece by Irina …


Economics & Investing for Preppers

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Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, and derivatives, and obscura. Today’s focus is on LNG. And it bears mention that most of these items are from the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor): Precious Metals: First of all, let’s look at an essay at Silver Doctors. The Sun Rises on the Precious Metals Sector – Clive Maund Commodities Economics (LNG): Next, over at OilPrice.com: America’s Unstoppable LNG Boom.  JWR’s Comment:  The expansion of the piped …


Economics & Investing for Preppers

Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, and derivatives, and obscura. Today’s focus is on the weak Dollar. And it bears mention that most of these items are from the quirky “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor): Precious Metals: First of all, let’s look at this: Deutsche Bank Calculates The “Fair Value Of Gold” And The Answer Is… o  o  o Over at Kitco, we read: Gold Hits Highest In Over Six Weeks As U.S. Jobs Data …