Governments Start Calling For Price Controls – Rationing And CBDCs Come Next, by Brandon Smith

Editor’s Introductory Note:  In place of our usual Monday column on Economics and Investing news items, we are re-posting, with permission, this insightful piece by Brandon Smith.  Both his Alt-Market.us site and his premium newsletter The Wild Bunch Dispatch are highly recommended. – JWR — Last month in the middle of the surreal “Bidenomics” hype I published an article titled ‘Nothing Is Over: Inflation Is About To Come Back With A Vengeance.’  I outlined the misconceptions surrounding CPI and how it is not an accurate model for the effects of inflation.  I also noted that the index had been manipulated …




A Silver Conversion Exercise, by M.J.

As an intellectual exercise, I converted the price of some of my recent purchases from U.S. dollars to ounces of silver. I did this out of curiosity to see how well I would do in a precious metals-based economy. I used the spot price of silver per ounce that was quoted at www.apmex.com on 09-16-2023: $23.31. The other spot prices for that day are as follows: Gold: $1,937.50 per ounce Platinum: $945.70 per ounce Palladium: $1,286.00 per ounce Here’s what I bought:1 gallon of 30% vinegar: $21.07, or 0.90 ounces of silver. (Regular grocery store vinegar is 5% and costs …




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 look at the SEC’s revised 80% rule. (See the Economy & Finance section.) Precious Metals: Price pressure on gold, silver as Fed signals higher for longer. o  o  o As Gold Hit New Record High In Yuan, Chinese Demand Improved In August. Economy & Finance: Notice from the SEC: Statement on Updates to the …




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 look at inflation and recession fears. (See the Inflation/Deflation Watch section.) Precious Metals: Alasdair Macleod: A brief history of the gold standard. o  o  o At Gold-Eagle.com: Transitory 2.0 Is Coming for Gold. Economy & Finance: Average American household now has $10,170 credit card debt. o  o  o Reader H.L. sent us this: Hedge …




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 look at the low market price of corn. (See the Commodities section.) Precious Metals: What is Going On? Three Separate Coin Shop Owners Shocked as Their Bank Accounts Suddenly Shut Down with No Reason Given (Video). JWR’s Comments:  I was “debanked” two years ago, for political reasons.  All in all, I Hate Banks! o  …




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 look at rising oil and fuel prices. (See the Commodities section.) Precious Metals: SurvivalBlog’s Editor-At-Large Michael Z. Williamson suggested this article: Platinum Market on track to see record 1-million ounce deficit in 2023. o  o  o Dave Kranzler, over at Gold-Eagle.com: Gold & Silver Are Facing 2008-Like Conditions. Economy & Finance: Moody’s cuts China’s …




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 look at the possibility of another gold confiscation. (See the Precious Metals section.) Precious Metals: Reader H.L. mentioned this, over at Doug Casey’s International Man: Don’t Dismiss the Possibility of Gold Confiscation. JWR’s Comment:  This is just one more reason to have a precious metals portfolio that is heavy on silver. Confiscating all of the …




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 look at expected crashes in commercial and residential real estate. (See the Tangibles Investing section.) Precious Metals: What To Expect For Gold If We Enter A Deflationary Period. o  o  o Another, at Gold-Eagle.com: Piepenburg, Rule and Rickards Agree: Gold’s Role Rises as Dollar Hegemony Falls. Economy & Finance: Billions of dollars are flowing out …




August 2023 in Precious Metals, by Steven Cochran

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 affect gold prices. What Did Gold Do in August? The triple whammy of higher bond yields, lower oil prices, and a surging dollar worked to depress gold prices in the middle of the month, causing spot gold to close under $1,900 from the 16th to the 22nd. An unexpectedly soft PMI report on the 23rd finally lifted the foot of bond yields off the neck of gold as the …




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 look at the Urban Doom Loop concept. (See the Economy & Finance section.) Precious Metals: A fascinating read, from Jan Nieuwenhuijs: The West Is Losing Control Over the Gold Price. o  o  o Zimbabwe central bank close to introducing gold-backed digital tokens into retail. o  o  o Central Bank Gold Demand Hits Record High, …




The BRICS Alliance is All About Gold

Today, in place of my usual Monday column on economics and investing, I’d like to briefly delve into some of the implications of the recently announced expansion of the BRICS trading alliance. The acronym “BRIC” was first coined in 2001 by Terence James O’Neill — then of Goldman Sachs — in describing the fast-growing economies that would dominate the global economy by 2050: Brazil, Russia, India, and China.  Over time, South Africa was added to the acronym, making it BRICS. Oddly, O’Neill’s term of art eventually morphed into an actual multi-national organization.  In recent years, primarily under mainland Chinese leadership, …




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 look at some market moves triggered by the Jackson Hole, Wyoming conference. Precious Metals: Ex-JPMorgan Gold Traders Get Prison for ‘Prolific Spoofing’. o  o  o Efforts To Protect US Intensify Amid Global Shift From Dollar. o  o  o Kelsey Williams: Gold And The Shrinking Money Supply. Economy & Finance: France24: BRICS summit of emerging …




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, another look at “shrinkflation”. (See the Inflation/Deflation Watch section.) Precious Metals: At Kitco: Key Downside Levels in Gold & Silver. o  o  o A video link, at Gold-Eagle.com: Jim Willie Previews The Upcoming BRICS Meeting. o  o  o Reader H.L. mentioned this, over at Zero Hedge: Poland Continues To Aggressively Buy Gold. Economy & Finance: Michael …




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 look at the slowdown in house construction. (See the Economy & Finance section.) Precious Metals: At Gold-Eagle.com: Only a Retail Gold Standard Could Dethrone the Dollar. o  o  o Is the world on the cusp of Bretton Woods 3.0, 52 years after Nixon closed the gold window? Economy & Finance: Linked over at the Whatfinger.com news …




Global Inflationary Depression Is Very Possible, by Bruce Wilds

Roughly two and a half years ago it was predicted here on AdvancingTime that we might soon be witness to the first global inflationary depression. Many of us predicted inflation rolling in but underestimated the size of stimulus that would be put in the pipeline. This has only postponed the collapse of the financial system and economy. Still, many investors are basing their investments on more intervention from central banks and governments to pull another rabbit out of their hats. Global inflationary depression is not a mix of words we normally see placed together. To those finding this notion unacceptable, …