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 Crude
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Reuters: U.S. shale firms more exposed to falling oil prices as hedges expire
Forex:
On to the foreign exchange (Forex) news: EUR/USD Daily Technical Analysis for June 14, 2017
Global Stocks:
Moving on to stocks, here is the market summary at Marketwatch.
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80% Chance Stock Market Crash to Strike in 2017, Economist Warns
Debt Bubble:
Tyler Durden had this: China’s “Bubble Prophet” Sees Unprecedented Surge In Home Prices
Economy and Finance:
Next, Reader L.S. recommended a piece over at Zero Hedge. U.S. Weeks Away From A Recession According To Latest Loan Data
Tangibles Investing (DPMS):
Finally, I rarely mention specific investments (other than pre-1965 mint date U.S. silver coins) in this column. But I heard from a relative that Brownell’s is offering a super deep discount price. They have the DPMS Oracle AR-15 rifles in “A3” (optics ready) configuration for just under $375 (after a $75 by-mail rebate), delivered to your FFL. (When I last checked, they also had a free shipping offer in progress.)
In my estimation we’ve reached a low ebb in U.S.-made black rifle prices. If you have the vault space, then this is a good time to “stack them deep.” (The oft-quoted advice of “buy low, and sell high” is perennially sound.) For the sake of full disclosure: I have no financial interest in either Brownell’s or DPMS, and neither company is presently a SurvivalBlog advertiser, writing contest prize donor, or contributor. But I have been a Brownell’s customer for nearly 40 years, and I own several ARs that I built on DPMS lowers.
Provisos:
SurvivalBlog and its Editors are not paid investment counselors or advisers. So please see our Provisos page for our detailed disclaimers.
News Tips:
Please send your economics and investing news tips to JWR. (Either via e-mail of via our Contact form.) These are often especially relevant, because they come from folks who particularly watch individual markets. And due to their diligence and focus, we benefit from fresh “on target” investing news. As a result, SurvivalBlog often “gets the scoop” on economic and investing news that is probably missed (or reported late) in other news sources. Thanks!
Rifles are already backordered
FYI the deal and rebate is over at buds. There is a 5 rifle cap on the rebate.
https://www.budsgunshop.com/catalog/product_info.php/cPath/2084_36_1989/products_id/70770/DPMS+RFA3-OC+Oracle+30+1+223REM5.56NATO+16%22